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You could see the global market meltdown coming a mile away, according to futurist Hazel Henderson of Ethical Markets. She’s been identifying fatal flaws in the global economy, and sustainable alternatives, for three decades. Her most recent commentary on CSRwire critiques the “fractional reserve banking system,” which allows banks to lend 10 times the amount of money they actually have in reserves. In other words, money for nothing. Today, CWR co-hosts Bill Baue and Francesca Rheannon speak with Henderson about using the financial crisis as an opportunity to shift to a more sustainable economy.
Hazel Henderson Commentary: “And We All Thought That Banks Had Money!”
Calvert-Henderson Quality of Life Indicators
CWR Headlines:
—Media Gang Up on Prospects for a Green Economy
—New Report Says Political Will for Dealing with Climate Change Will Grow
—Obama Promises to Classify CO2 as a Pollutant if Elected
