Localization will be a key element of a future sustainable economy. But it has to be accompanied by deindustrialization (also called “degrowth”) and crucial paradigm shifts in values and ethics, resulting in a lifestyle of harmonious existence within nature that is very different from todays consumerism.
Deindustrialization is happening in Europe, as Russian energy is switched off either by Western nations themselves or by the helping hand of Uncle Sam, who just blew up the Nord Stream pipelines. Stainless steel mills already shut down in August, Aluminum smelters are next, then come the big chemical plants of Bayer, BASF, and others.
Europeans will have to learn how to live without the latest iPhone, without cheap apparel from China Xinjiang, and without all the other trendy consumer goods shipped across the globe.
There will be much handwringing by the economists as consumers spend less and companies close, there will be high unemployment, but people will have more time to repair machines, appliances, and gadgets instead of just throwing them away and replacing them. People will have more time to grow their own food, they will learn to replace household essentials by ingenious solutions which use natural materials from the forests, gardens, and meadows.
Tourism and air travel will be a luxury again, hiking the local forests will become the norm.
Localization and deindustrialization will happen, and change will be imposed on the adamant and unteachable by environmental catastrophes, scarcity of crucial supplies, and bloody resource wars (of which the NATO-Russia conflict is a first harbinger). It will be painful, even deadly for some, but the writing is on the wall and the sensible ones will acculturate, accommodate, adjust, and get used to the new life.
This video says the same thing... especially go local banks and credit unions that have NO CONNECTION with The Fed. He also mentions go local with small businesses and farmer's markets. In other words, make "Parallel Economy" and get away from elite Globalists that are enslaving us with Big Bank debt and serfdom https://www.youtube.com/watch?v=jt15xP8SLcg
Localization will be a key element of a future sustainable economy. But it has to be accompanied by deindustrialization (also called “degrowth”) and crucial paradigm shifts in values and ethics, resulting in a lifestyle of harmonious existence within nature that is very different from todays consumerism.
Deindustrialization is happening in Europe, as Russian energy is switched off either by Western nations themselves or by the helping hand of Uncle Sam, who just blew up the Nord Stream pipelines. Stainless steel mills already shut down in August, Aluminum smelters are next, then come the big chemical plants of Bayer, BASF, and others.
Europeans will have to learn how to live without the latest iPhone, without cheap apparel from China Xinjiang, and without all the other trendy consumer goods shipped across the globe.
There will be much handwringing by the economists as consumers spend less and companies close, there will be high unemployment, but people will have more time to repair machines, appliances, and gadgets instead of just throwing them away and replacing them. People will have more time to grow their own food, they will learn to replace household essentials by ingenious solutions which use natural materials from the forests, gardens, and meadows.
Tourism and air travel will be a luxury again, hiking the local forests will become the norm.
Localization and deindustrialization will happen, and change will be imposed on the adamant and unteachable by environmental catastrophes, scarcity of crucial supplies, and bloody resource wars (of which the NATO-Russia conflict is a first harbinger). It will be painful, even deadly for some, but the writing is on the wall and the sensible ones will acculturate, accommodate, adjust, and get used to the new life.
This video says the same thing... especially go local banks and credit unions that have NO CONNECTION with The Fed. He also mentions go local with small businesses and farmer's markets. In other words, make "Parallel Economy" and get away from elite Globalists that are enslaving us with Big Bank debt and serfdom https://www.youtube.com/watch?v=jt15xP8SLcg
I have been a fan of mom/ pop stores for the last 30 years.