Posted on 06/29/2011 2:54:40 PM PDT by Kartographer
The dollar collapse will be the single largest event in human history. This will be the first event that will touch every single living person in the world. All human activity is controlled by money. Our wealth,our work,our food,our government,even our relationships are affected by money.
No money in human history has had as much reach in both breadth and depth as the dollar. It is the de facto world currency. All other currency collapses will pale in comparison to this big one. All other currency crises have been regional and there were other currencies for people to grasp on to.
This collapse will be global and it will bring down not only the dollar but all other fiat currencies,as they are fundamentally no different. The collapse of currencies will lead to the collapse of ALL paper assets. The repercussions to this will have incredible results worldwide.
(Excerpt) Read more at youtube.com ...
PING!!
I just don't understand the "what" of this disaster.....
Won’t they just replace one fiat currency with another? What’s to stop the 0bamas Geithners Bernankes and others from doing that?
The dollar would be hard to use to buy anything forgien made. The Price of oil would make $4.00 gas look cheap. Prices on things would go up daily if not hourly.
This will give you a biit of an idea of what happens:
Argentina’s Economic Collapse
http://www.youtube.com/watch?v=rH6_i8zuffs
Thanks, I have been looking for this series..
The simple answer is, “yes”.
The “what” in my opinion will be somewhere between the Weimar Republic and Mad Max. I lean more toward the Mad Max end of things - total breakdown of social order as we know it.
Did you listen carefully to this?
While I think a dollar collapse is coming, there is a lot of leftist, anti-corporate claptrap in this video. That alone discredits this video as a reliable source of information.
But the dollar collapse is coming - just not due to some of the BS this guys sputters on about.
It lost me once it started to portray corporations as vampires sucking blood.
I didn’t go much beyond that, but if it actually went into the “mathematical certainty” I’d be surprised.
thx.....inflation and scarcity of goods....
>> “Won’t they just replace one fiat currency with another?” <<
.
That has only been done once before, with the Euro, and it was not broadly accepted at first. Now that the Euro is in a nose dive, it is unlikely that anyone would willingly accept a new fiat currency.
It will mean asymptotically increased crime and violence, as evidenced by the rioting in Greece. My guess is that the productive portion of the population will demand hard money or commodities as exchange for labor or goods, and refusing to accept any paper instrument of any kind.
What about the disaster of overestimating danger?
The world view painted in this video is really insane. While he talks about the mathematical certainty of disaster, he provides no compelling case.
This video is the equivalent of yelling fire in a crowded theater.
The world is changing.
The United States is changing.
I hope that you are getting prepared for what is ahead.
The simple answer is, “yes”.
The simple answer is, “yes”.
The simple answer is, “yes”.
I’d agree. The dollar is going to collapse. The RINOs we sent towashdc have done nothing to stop the gushing coming from our financial artery
As such, since it’s going to collapse, why bother sending anything to the fedgov?
Keep it and put it into supplies for the collapse.
Who needs it more? The politically favored or your family?
You decide
Yipee, another YouTube video bemoaning the industrial military complex and evil corporations, and predicting some economic collapse and/or end of life as we know it scenario.
We’re doooooooooomed!
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