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OTMC Live! is live. So, we don't know what we're going to talk about.
Anti-Austerity vote in Greece. Sounds good.
Sarah Palin not in step with the rest of us. Sure, why not.
What's up with measles making a comeback. If Sue joins the show, you know we'll talk about that.
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We can talk about what you want to talk about.
How would the Basic Income Guarantee change my world? Our guest is Ruthann Amarteifio, from "Air Amareifio" a friend of Karen Christine Patrick. Ruthann hosted a show called "The Dialogue" where the topics were the future of money, positive solutions, and permaculture ideas. The topic of the Basic Income Guarantee came up. Now the B.I.G. has grown into an amazing movement globally. There are many conversations now about the idea of a Basic Income Guarantee but the most fundamental, in the era of global austerity and economic malaise, it's important to realize how much it would mean to everyday people. Also, it's important to know that the B.I.G. is merely the first step to provision all humans on the planet but not to just keep the consumer paradigm, but to transition to an abundance economy where we are provisioned without money as a limitation. Janet Kira Lessin, Karen Christine Patrick, Charlotte Rose Won and guest Ruthann Amarteifio.
Three smaller stories -- a debt default by a Mexican construction firm, Spain's recent election of an anti-euro government, and Brazil's replacement of its finance minister with an easy-money political operative -- combine to paint a picture of a world that's heading inexorably towards a financial mess. It will begin with a wave of defaults, as emerging market borrowers of US dollars are unable to manage their debts. Then a critical mass of newly-elected (or newly-configured) governments will throw austerity and other related notions of fiscal restraint out the window. The result will be another wave of aggressively easy monetary and fiscal policies that will set the stage for an epic crisis. Get the details here.
As 2015 wraps up, 2016 appears to be a very promising year.
Congress is back from hibernation, actually passing spending bills that move the US out of austerity and into the future; the Federal Reserve sees the economy improving and is getting ahead of inflation; the globe is coming together with a real strategy to limit global warming; and the city of San Diego is showing leadership in the local renewable energy revolution.
As the outlook improves, we adjust the economic doomsday clock backwards all the way to 15 minutes to midnight.
And we encourage all our listenders to sign up for their daily dose of Solutions News with The Optimist Daily. Click here to sign up for this FREE daily email containing the best news from around the globe.
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