And it's an idea that I think is very prevalent at these TED Talks, the idea that we can invent our way out of a profound economic and energy crisis, that a move to a knowledge economy can somehow neatly sidestep those energy constraints, the idea that we'll discover some fabulous new source of energy that will mean we can sweep all concerns about energy security to one side, the idea that we can step off neatly onto a completely renewable world.

Okay, so the bad news first

And this is a major issue.

CA

I think that bad PowerPoint presentations are a serious threat to the global economy.

And then we have inequality.

(Laughter)

In the 1980s we had the Reagan revolution, which lead to deregulation.

The current slump of the economy will not turn into a serious depression.

There will be an economic crisis at the end of this year.

An economic crisis will hit at the end of the year.

Today, as these very foundations are being shaken by crises, the need for open and honest dialogue on the future of the monetary system has never been greater.

NF

The influence of the strong yen on the Japanese economy has become very serious.

But one has to wonder, now that we've had this financial sector collapse upon us in Iceland and by the way, Europe looks pretty bad right now, and many would say that you in America are heading for some more trouble as well.

Good afternoon.

When the crisis came, the serious limitations of existing economic and financial models immediately became apparent.

I think is an epiphenomenon.

You cannot separate what's happening in the world, and what's happening within people. Jairon G Cuesta Social Anthropologist, Psychotherapist

This economic crisis look like a cancer.

Were a serious crisis to arise, the government would have to act swiftly.

On a crisis so sirius it has its own name and theme music.

Alan Greenspan's proclamations that the years of economic growth would go on and on, not challenged by his peers, until after the crisis, of course.

President Camacho stood before the world and promised everyone... that Joe would solve all their problems.

The economy still hasn't completely recovered from the financial crisis.

America is in crisis the economy, national security, the climate crisis.

So I think that we're going to see a series of crisis moments, each one more severe than the last.

I never even went on a date with her.

But I think today that most would agree that Greece was only a symptom of much deeper structural problems in the eurozone, vulnerabilities in the wider global economic system, vulnerabilities of our democracies.

Critical

The economy is deeply connected to politics.

Today austerity seems to be the only answer given to remedy the economic crisis in Europe yet people are getting poorer and poorer

Because of the depth of the crisis, I think we are at a moment of choice.

Critical Error

Serious?

This is serious.

Big reason to worry

The balance of payments crisis emerged, forcing the government to put a brake on the economy.

With that said, the question that everyone's wondering about is, what's going to happen now?

Severe Internal Error

I'd say you have a serious problem.

I think it's serious.

And it's been such a big portion of the economic picture especially the last 10 years.

I know that, Mary. It's quite serious.

A very serious problem.