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.
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