James Howard Kunstler also discussed how he thinks our future will be one with much tighter credit that will make many of the big things we purchased in the past much more inaccessible to most people.

He also spent some time sharing his thoughts on peak oil and what it means for the future of our country.

James Howard Kunstler focused primarily on the issues effecting the financial system and why he thinks since the 1970s there has been a growth in the industry of playing with the markets rather then more productive things.