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Chris Martenson is the founder of the Peak Prosperity. In 2014, he published a video on YouTube on different topics that led him to make his strategic choice on The Crash Course. The video catches my attention that there is trouble in the country’s financial and economic industry. Martenson wants to help people to prepare them for what is to come. “Massive change is upon us,” is a statement that Martenson makes know of at the very beginning of the presentation. I fully agree with this statement. There are always change going on in the world. When I was born in the 1990’s, the things people did then have completely changed in today’s time. How we will change in his views is by the three E’s, which are economy, energy, and environment. With the first “E” is the lens that we look through the entire Crash Course look. The economy is something that everyone now depends on it to function properly. If we have a functioning economy, we can meet whatever challenges that come. The next “E’ is energy which Martenson discusses it with the over-dependent of energy. The final “E” is the environment, which presents itself on how it is being demolished because society is overusing the resources from the environment. I will discuss as a future CEO what information and opinion that has been addressed in this video that will help firms achieve their successes.
Exponential Growth is a percentage that expands over time. As an example of exponential growth, Martenson uses the example of an eyedropper. He discusses the prediction of how long it will take to fill up the Fenway Park, that is water-tight, with an eyedropper as someone handcuffed the highest bleacher seats in the stadium. How long will it take for someone to escape from the handcuffs? And then ask how long will it take for it to fill up to ninety-three and how many will realize that you have only a limited time to escape at that point. The primary key that Martenson wants everyone to take from is that everything starts to get intense when the last few moments are left to take action. If you wait until it is ninety-three percent goes then leaves you are pressured to take action as fast as you can before you are out of time. As Martenson mentions, he lastly discusses the exponential growth that our economic system made for vast expansion. Also, is the economic system does not expand over time it will eventually collapse and fail. Now we are still facing having a hard time with the growth of our economic system. When I become a future CEO, I want everyone to know that the economic system has a restriction and the economic system growth rate will be restricted until we remodel the system. If some of you do not know the term economic system, in the book economic growth is a measure of the change in the number of foods and services produced by a nation’s economy. No one can predict the future of what will happen next with growth rates. That is why the example about the Fenway Park was given. My company needs to know to take actions immediately before they are rushed with no time left. This concept is a positive development because everyone needs to learn to take action before they are rushed at the last minute.
Next, Martenson points out is wealth. He breaks wealth down into three layered forms. At the top of the pyramid there is tertiary wealth, then in the middle, there is secondary wealth, and then at the very bottom of the primary wealth. I do not believe people should be ranked on wealth. Wealth should be seen as what you have overall. I do not think that wealth should be based on the land. I understand where he comes with that money is a claim, but it is wealth as well. Cash, stocks, etc. play a significant role in today’s society. In the future as a CEO, I will not focus all my time on my wealth with the land. I want to make sure my company is up and running by having and making more money. I want my company to be finically wealth and finically stable.
The question is how money is created? This point will talk about money creation, and it will go into detail about how money is created in Martenson studies. From the video of him talking about money creation blows my mind. The Federal Reserve hold a big responsibility in creating money and not over doing it. I agree with Martenson that we need to pay attention to the Federal Reserve to make sure they are not overstepping the extraordinary powers. When I am in CEO position, I want to make sure my company is not the reason for the United States to be in debt for just creating money. If I ever decide to take out a loan, I want to make sure that I can pay it on time. As the next point is money and debt express, is similar to money creation. As my company should not ever go into more debt that the company probably can cover. As a CEO it is my job to make sure to get more money so that we can overcome our debt situation we are already in.
As the last thing, I would like to discuss the growth vs. prosperity point. This topic is not discussed enough among everyone in the world. Most people do not care at all or have not be advised on growth vs. prosperity. People are using American’s resource in the most wasteful ways as possible. Watching people waste is hard for me to watch. Wasting is such a negative point that is happening all over the world. When I become a company’s CEO, I will have to decide if I want it to become green. I want to be able to show the clients of the company that we do not waste. I will give them my strategic position. In the strategic planning book on page 65, strategic position is where it creates value for the firm while being mindful of the cost. If I decide to go green in the company, it will be costly, but I also have to consider that I want my company to represent that they are not wasteful.
Those were just a few points that help pull together the three “E”s that I mentioned at first. With some of the topics I agreed with Chris Martenson, and then there were some I found difficult to accept. His points stood out to me by making me think as if I was a CEO of a company to make sure I brought in positive development. I will address the negative developments that I have pointed out so that my employees will help me make sure that we do address any negative developments in the company.
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