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Dmitry Orlov's Economic Worst-Case Scenario

Complete video at: http://fora.tv/2009/02/13/Dmitry_Orlov_Social_Collapse_Best_Practices Author Dmitry Orlov criticizes the U.S. government's response to the economic crisis, arguing that current popular economic models are not equipped to deal with the problem. Orlov explains his worst-case scenario: that if current trends continue, the U.S. may collapse, ending up as "a defunct nation composed of many wretched little feifdoms." ----- With vintage Russian black humor, Dmitry Orlov describes the social collapse he witnessed in Russia in the 1990s and spells out its practical lessons for the American social collapse he sees as inevitable. The American economy in the 1990s described itself as "Goldilocks" - just the right size - when in fact is was "Tinkerbelle," and one day the clapping stops. As in Russia, the US made itself vulnerable to the decline of crude oil, a trade deficit, military over-reach, and financial over-reach. -- The Long Now Foundation Dmitry Orlov is an engineer and a writer on subjects related to Peak Oil. He was born in Leningrad and moved to the United States at the age of 12. Orlov was an eyewitness to the collapse of the Soviet Union over several extended visits to his Russian homeland between the late 1980s and mid-1990s. He has a BS in Computer Engineering and an MA in Applied Linguistics. His latest book is Reinventing Collapse (June 2008). His article Closing the Collapse Gap compares the collapse-preparedness of the USA and the USSR.
Length: 02:59

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