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Economic Collapse a Mathematical Certainty
NewAmericaNow/YouTube ^ | 6/26/11

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 ...


TOPICS: Business/Economy; Government; Society
KEYWORDS: captainhyperbole; debt; default; economiccollapse; economy; teachers
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To: Kartographer
"This collapse will be global and it will bring down not only the dollar but all other" fiat small manufacturing base "currencies..." ;-)


51 posted on 06/29/2011 5:00:51 PM PDT by familyop (Rome was burned in a day--twice.)
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To: editor-surveyor
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.

That is assuming they have any say in the matter. When the jack booted government thugs point guns at you and say they are taking your produce and giving you government script in exchange, things are different.

In a severe situation, that scenario is probable, not simply possible. A full fledged collapse will put most of us in a war like environment.

So, some of us are well armed. Fine. But be realistic about it. We won't be able to stop them. The best one may hope for is that you take a good number of them with you when you go.

52 posted on 06/29/2011 5:01:20 PM PDT by ChildOfThe60s ( If you can remember the 60s....you weren't really there)
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To: Free Vulcan
"I lean more toward the Mad Max end of things - total breakdown of social order as we know it."

"Yeah, baby, yeah" (as heard in the video)! ;-)

Greg Baum's 1919 Willy's T, Rat Rod
http://www.youtube.com/watch?v=Zk2ixe3xlQI


53 posted on 06/29/2011 5:09:36 PM PDT by familyop (Rome was burned in a day--twice.)
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To: BobL
"We offer dollars, the other countries (especially China) laugh. They want REAL stuff, like highways, federal land, crops, oil."

I've seen that kind of advice for the Chinese quite a few times here. They won't get it, but some import interests may be looking at exile.


54 posted on 06/29/2011 5:15:25 PM PDT by familyop (We Baby Boomers are croaking in a thunderous avalanche of rottenness smelled across the universe.)
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To: Popman

“I am working into getting in deep prepared mode”

I hope many are doing the same thing. If you haven’t already it’s time to prepare. You needed to be stocking up on food guns, ammo, basic household supplies like soap, papergoods, cleaning supplies, good sturdy clothes including extra socks, underwear and extra shoes and boots, a extra couple changes of oil and filters for your car, tools, things you buy everyday start buying two and put one up.

If you are just starting or an old hand at prepping I like to recomend that you look over my Preparedness Manual which you can down load at:

http://www.tomeaker.com/kart/preparedness1i.pdf

I think that we are at the very least in for a collapse much like that of Argentina’s ( http://www.youtube.com/watch?v=7yerKMQc7-w&feature=grec_index), but as a armed society with a very large entitlement minded population our collapse will be much more violent and I see many many small business wiped out by flash mob looting, and large scale violence (look at what happened just this past Memorial Day weekend)and then there is this is going on in Chicago:”Emanuel said he spoke with McCarthy over the weekend and again this morning about the situation. The mayor said the city’s reputation as a safe place to work and shop downtown is being endangered by the thuggery. Many of the attacks are happening near the biggest tourist and shopping attractions in the city.

But, CBS 2’s Jim Williams reports, the problem of mob attacks downtown is much bigger than the weekend beatings, according to beat cops who wanted to remain anonymous.”

And it’s not just Chicago, but Washington DC, Las Vegas, St Paul, Philadelphia and on most major big ‘Blue’ cities are increasingly reporting such flash mobs and gang muggings. Look what happened just this past weekend in Peoria, Il:

http://peoriachronicle.com/2011/06/25/peorians-living-in-fear/

Teenage Flash Mob Robberies on the Rise:

http://www.foxnews.com/us/2011/06/18/top-five-most-brazen-flash-mob-robberies/

Rash of violence isn’t flash mobs, it’s wilding

http://www.suntimes.com/news/roeper/5826624-417/rash-of-violence-isnt-flash-mobs-its-wilding.html

Teens in a mob assault and rob Center City patrons

http://www.philly.com/philly/news/20110629_Teens_in_a_mob_assault_and_rob_Center_City_patrons.html

I see what I call ‘Pocket Pogroms’ taking place in many big ‘Blue’ cities and if you aren’t a “0bamamite yutes” it’s going to get Reginald Denny bad for you very quickly.

As the LDS say “When the emergency is upon us the time for preparedness has past.”

Or as the bible says: A prudent man sees danger and takes refuge, but the simple keep going and suffer for it.
NIV Proverbs 22:3

And a little something for those who do not believe:
“Chance favors the prepared mind.”-Louis Pasteur


55 posted on 06/29/2011 5:22:28 PM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Popman

What you appear to be missing is that the world already has a ‘new’ reserve currency, and the new currency is the old currency: Intrinsic value.

Gold is the most obvious in this, but far from the only element. Intrinsic value can no longer be hidden, nor manipulated by the global elite, because the resources are in fragmented hands that see no value in cooperating.


56 posted on 06/29/2011 5:25:18 PM PDT by editor-surveyor (Going 'EGYPT' - 2012!)
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To: editor-surveyor
“Gold”

What will do when uncle Obama confiscates it like his mentor Roosevelt

57 posted on 06/29/2011 5:36:47 PM PDT by Popman (Obama. First Marxist to turn a five year Marxist plan into a 4 year administration.)
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To: Kartographer

I’m marathon-watching that and I’m up to part 9 now.


58 posted on 06/29/2011 6:04:05 PM PDT by wastedyears (SEAL SIX makes me proud to have been playing SOCOM since 2003.)
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To: Popman; cherry

In Argentina they closed the banks and then devalued the currency. One day people had $1,000 in the bank, they next they had $300.

Prices of course didn’t decrease by a similar amount.


59 posted on 06/29/2011 6:30:49 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: sten

My student loan debts are gone correct?

And my mortgage if my house is not really mine anymore unless I can protect it?


60 posted on 06/29/2011 6:31:57 PM PDT by proudtobeanamerican1 (A house divided against itself cannot stand.” Abraham Lincoln)
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To: cherry
"I just don't understand the "what" of this disaster....

See Wiemar Republic

Oh Yeah and buy a large Wheelbarrow...

61 posted on 06/29/2011 6:37:20 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Popman

You have that fiat-minded mental block.

World trade is not working in fiat currencies at this moment. There is an appearance that it is, but adjustments are being made minute by minute. That is why so much of the Chinese merchandise that used to trade quickly on Ebay 4 or 5 years ago is not there now. The structure of Ebay cannot keep up with the velocity of the fluctuations.


62 posted on 06/29/2011 7:06:18 PM PDT by editor-surveyor (Going 'EGYPT' - 2012!)
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To: Kartographer

When corporations have an incestuous relationship with government, it becomes a sort of fascism, and such corporations are not blameless. Also involved, IIRC, in the Argentine crisis, was the Argentine gov’t allowing foreign companies to buy up Argentine resources, which is also a very bad thing. Correct me if I’m wrong, I saw the series a couple of years ago and there is much I don’t know as always.


63 posted on 06/29/2011 8:17:17 PM PDT by little jeremiah (Courage is not simply one of the virtues, but the form of every virtue at the testing point. CSLewis)
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To: WashingtonSource
This video is the equivalent of yelling fire in a crowded theater.

Yes, but when smoke is being smelled, and issuing from under closed doors, and people near the doors are feeling some heat.

To not apprehend danger when there is danger is a form of suicide. "Bias of normalcy" can kill.

64 posted on 06/29/2011 8:20:05 PM PDT by little jeremiah (Courage is not simply one of the virtues, but the form of every virtue at the testing point. CSLewis)
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To: driftdiver
A Huge Number Of Americans Believe The Economy Has Now Entered "Permanent Decline"
65 posted on 06/29/2011 8:38:15 PM PDT by blam
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To: cherry
"I just don't understand the "what" of this disaster....."

It was worth 33 US cents at time of issue.

66 posted on 06/29/2011 8:50:05 PM PDT by Rebelbase
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To: Popman
If Congress does the right things

ROTFLMAO! An R controlled Congress right now is not doing the right things, or not very many of them. Baby steps, an inch here and an inch there. No one is going to stop this train from going off the cliff.

It's not just the financial situation, it's all the humans. What many of them will do with "austerity measures" which the spineless Rs (and demoniac Dems) in Congress will not even take. So "austerity" will forced upon us all, sooner or later.

67 posted on 06/29/2011 9:31:01 PM PDT by little jeremiah (Courage is not simply one of the virtues, but the form of every virtue at the testing point. CSLewis)
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To: blam

I think the numbers are higher for people who pay attention. Those who have been fortunate enough to have stable employment tend to ignore whats going on around them.


68 posted on 06/30/2011 4:10:49 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Kartographer
I agree with the overall premise, but his statements on Israel are way off the mark.


Built with SUSE Studio

If you can't appreciate the pure beauty of the violin after hearing this, something's wrong with your ears.

Or you can get raw with these strings. Either way, the violin is sweet yet lethal.

Do it!

69 posted on 06/30/2011 9:13:53 AM PDT by rdb3 (The mouth is the exhaust pipe of the heart.)
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To: WashingtonSource
This video is the equivalent of yelling fire in a crowded theater.

Is the theater on fire?

70 posted on 07/13/2011 9:16:25 AM PDT by gundog (Help us, Nairobi-Wan Kenobi...you're our only hope.)
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