March address by Mr. Robert Duerr,

"The Economic Panic of 2009. What Wen Broke?"

Mr. Duerr addressed the March Forum meeting with a fascinating review of financial disasters through the ages, including uncomfortable comparison's as far back as the fall of the Roman Empire, which was induced through a long-term decay of their economy's innate productivity and a devaluation of their currency. Money is a symbol of wealth" he said, not true wealth itself. The history of money is the history of civilization.  Lessons about our current predicament and recent financial crises are gleaned throughout history.

Societally, we must protect the value of real wealth and nurture true wealth creation. Individually, we must guard against debt and also value true wealth rather than paper symbols.

A lively question and answer followed.

See the archived speeches menu button at top of web page for full text of his address.