Juggling Dynamite

The credit bubble enabled different generations to migrate separate and apart.  Now that society is heavily indebted, and the debt bubble is mean-reverting, learning to work together to gain more and waste less is part of the healing process.  Intergenerational reciprocity is the wise way to meet the needs of different age groups in an efficient and enriching solution. This is how social order has historically worked: old and young helping each other. See: Dutch nursing home offers rent-free housing to students

Student Onno Selbach interacts with two nursing home residents at Humanitas in the Netherlands. Selbach helped create an intergenerational program there that offers students rent-free housing.

A nursing home in the Netherlands allows university students to live rent-free alongside the elderly residents, as part of a project aimed at warding off the negative effects of aging.

In exchange for small, rent-free apartments, the Humanitas retirement home in Deventer, Netherlands, requires students to spend at least 30 hours per month acting as “good neighbors…”

When we think of economic crisis, we think Greece. And maybe, closer to home, the collapse of Lehman Brothers or Florida’s overleveraged housing market. But rarely do our neighbors to the north come immediately to mind.

Just back from Canada, Vikram Mansharamani argues that they should… See:  Why Canada’s economy is headed off the cliff

Danielle was a guest today on Talk Digital Network with Jim Goddard, talking about recent trends in the world economy and markets. You can listen to an audio clip of the segment here.