The Great Reset in the Sierra?

Russ Steele

I was unable to to attend the Sierra Business Council Economic Summit due to family commitments, however The Sierra Foothills Report has a summary of the Summit presentations in this post: How “The Great Reset” was discussed at Sierra economic development summit

 We’re not in a depression or recession but a “Great Reset” that nobody has experienced before, attendees at the Sierra Innovation Summit at Sierra College in Rocklin were told Friday.

This is defined by the ongoing crisis in housing, banking, high debt, offshore outsourcing of jobs and the loss of middle-class jobs. What’s more, our government is broken, because we can’t work together. Housing is going to “reset” at 20 percent lower (or worse) when all is said and done.

Though sobering, the presentation hosted by the Sierra Business Council was right on the mark, and it provided a roadmap for recovery. About 100 people attended, and the presentation will be posted on SBC’s website.

You can read the rest here.

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About Russ Steele
Freelance writer and climate change blogger. Russ spent twenty years in the Air Force as a navigator specializing in electronics warfare and digital systems. After his service he was employed for sixteen years as concept developer for TRW, an aerospace and automotive company, and then was CEO of a non-profit Internet provider for 18 months. Russ's articles have appeared in Comstock's Business, Capitol Journal, Trailer Life, Monitoring Times, and Idaho Magazine.

2 Responses to The Great Reset in the Sierra?

  1. gjrebane says:

    Thanks for the heads up on this conference Russ. Reading FUE’s report, I missed the “roadmap for recovery”. Perhaps it was in a language foreign to capitalists. When you have time, a summary of that roadmap would be a welcome addendum to this piece. Thanks.

  2. Is this another liberal name change since they seem to derive new names for things? Sort of like global warming became climate change, solr panel construction became “green manufacturing” etc. From what I read the “conference” was simply one more gathering of the deck chair liberal contingent. We see the results of their ideas ad policies all over the planet. They don’t work but they sure spend the hard earned dollars of the middle class taxpayer. What a scam!

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