Making Sense of the Financial Crisis in the Era of Peak Oil

The talk was advertised with the following text:

Peak Oil and the collapse of global Ponzi finance are a “perfect storm” of converging phenomena that threaten to sink our age of prosperity through wealth destruction, social discontent, and global conflict. Nicole will describe how our current financial system is an unsustainable credit bubble grounded in “Ponzi dynamics,” or the logic of the pyramid scheme. She warns that most people are woefully unprepared to face the consequences of the devastating deflation that is now unfolding.

Other recordings from the first day of the Transition Network Conference 2010:

Transition Network Conference 2010 Opening Session
 http://sheffield.indymedia.org.uk/2010/06/453329.html

Transition Network Conference 2010 Open Space Introduction
 http://sheffield.indymedia.org.uk/2010/06/453339.html

Audio from the conference is also being posted here:
 http://transitionradio.posterous.com/

The conference blog is here:
 http://www.transitionnetwork.org/blogs/conference-2010

And the conference information:
 http://www.transitionnetwork.org/conference-2010-uk