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Coast to Coast AM - Oct 16 2008 - Economy and Permaculture

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Investment advisor Catherine Austin Fitts offered analysis of the current financial situation. She was joined by community/permaculture activists Albert Bates (third hour) and Debbie Landers (briefly, fourth hour) to discuss sustainable businesses, and ways communities can work together to get through the coming economic storm.

Bates defined permaculture as "productive systems that mimic the stability, diversity and resilience of natural ecosystems." The movement initially started with agriculture and then spread into such areas as solar building design, landscaping, and social and economic structures, he detailed.

"Permaculture is one of the most hopeful and important things" happening at a grassroots level, said Fitts, who advocated the decentralization of the financial system. We've got to stop sending our money to Wall St. and bring it back to our local communities, she added.