14 Nov '11, 3pm

How to prepare for economic Armageddon | David Boyle

How to prepare for economic Armageddon | David Boyle

Create the money to pay off unrepayable euro debts in UK banks. In return for this second rescue, force the big banks to head up partnerships – let’s say in five UK cities each – that would see them funnel money into existing and new community banking structures, supporting BizFizz-style enterprise coaching and mutual support to launch start-up businesses. Allow local authorities to launch their own barter currencies, and allow them to accept these and other local money in lieu of rent, council tax and other payments – and to pay a proportion of staff salaries in this way. Require local authorities to provide emergency allotments around housing estates and on other patches of wasted grass. Take steps to guarantee affordable energy supplies for homes.

Full article: http://www.neweconomics.org/blog/2011/11/14/how-to-prepar...

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