The Cycle of Civilization in 33 Words

This sequence is thought provoking.

It takes 3:07 to watch.

What do you think? Which of the words best describes our current situation?

'Time Banks' Help Spaniards Weather Financial Crisis

 

With the financial systems in the balance, people are looking for all sorts of alternatives to get the services they need.

Time banks are where people exchange time instead of money. Work and hour and someone works for you for an hour. It doesn't have to be the same person.  For example, I could earn an hour by tutoring math to person A and then consume that hour by getting housekeeping services from person D.

Everything is done on a gifting basis, so there is no tax involved.

It is making life possible for the people in economically ravaged Spain:
http://www.npr.org/2012/09/22/161380937/time-banks-help-spaniards-weather-financial-crisis

It is available in Austin:
http://www.austintimeexchange.org/

It is a great idea!

What services can you trade?