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Chapter 15 (Bubbles - Part 2 of 2): Throughout the long sweep of history, the bursting of asset bubbles has nearly always been traumatic. Social, political and economic upheavals have a bad habit of following asset bubbles, while wealth destruction is a guaranteed feature. Four characteristics of bubbles are observed: ...

Chapter 13 (A National Failure To Save - Part 2 of 2): "The next twenty years are going to be completely unlike the last twenty years." -- Dr. Martenson. Chapter 13 begins his explanation for this deeply held belief. On every level of our society, there has been a failure ...

Chapter 14 (Assets & Demographics - Part 2 of 2): Having examined our nations current, never-before-seen level of debt, as well as our failure to save, we now move on to look at our assets. Key Concept 8 is introduced, that debts are fixed, but assets are variable, sometimes gaining ...

Chapter 5 (Growth Vs. Prosperity): Contrary to what we've grown used to, growth is not the same thing as prosperity. In fact, growth and prosperity are both dependent on the same thing: surplus. Dr. Martenson explains how we've been conditioned to want, and to take, both growth and prosperity; however, ...

Chapter 13 (A National Failure To Save - Part 1 of 2): "The next twenty years are going to be completely unlike the last twenty years." -- Dr. Martenson. Chapter 13 begins his explanation for this deeply held belief. On every level of our society, there has been a failure ...

Chapter 11 (How Much Is A Trillion?): Recently, we have gotten used to hearing the word "trillion." From trillions of dollars of government debt to trillion dollar bailout packages, we are spending enormous sums of money. However, most of us dont realize how much a trillion actually is. Dr. Martenson ...

Chapter 17a - Peak Oil (2 of 2): Energy is the lifeblood of any economy and a steady supply of energy is necessary to maintain the status quo, while an ever-increasing supply is needed to grow an economy. In this chapter, Dr. Chris Martenson explains that Peak Oil is not ...

Chapter 17b - Energy Budgeting (1 of 2): Petroleum has supplied the surplus energy that has allowed for social complexity, industrialization, and the modern conveniences that we enjoy. In this chapter, Dr. Chris Martenson explains that in the future our supply of surplus energy will decline due to the fact ...

Chapter 17a - Peak Oil (1 of 2): Energy is the lifeblood of any economy and a steady supply of energy is necessary to maintain the status quo, while an ever-increasing supply is needed to grow an economy. In this chapter, Dr. Chris Martenson explains that Peak Oil is not ...