We were joined by Chuck Marohn, founder of Strong Towns, on The UrbanCincy Podcast on June 21, 2013. On that podcast we discussed the financial realities of place, and debate how to get our communities back on the path toward financial sustainability.
Naturally, we discussed the great suburban experiment and how it has turned out to be a total failure. The concept can be difficult to grasp as we often see huge economic gains for places that build new strip malls or sprawling subdivisions, but the long-term reality is much different.
Chuck likes to refer to this as a type of a Ponzi scheme. It’s a controversial phrase to throw around, and it naturally garners a lot of attention when it is used, but there is a lot to what he has to say about the topic.
StreetFilms followed Chuck around the country for several months as he shared his information and message with thousands of people. Their short film compiles a lot of this content and puts it into an easy-to-digest video explaining the concept of the Suburban Growth Ponzi Scheme.