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The inevitable collapse of the dollar

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Euro/Dollar Rate: http://finance.yahoo.com/curre... current account deficit: http://en.wikipedia.org/wiki/L... are living beyond their means and Asia is currently financing that. But eventually the Asians/Europeans will stop financing the USA and then the bubble will burst. Also check out the 1-minute video which I'm responding to for a quick explanation

Channel: News & Politics
Uploaded: September 14, 2007 at 1:27 pm
Author: GHoeberX

Length: 07:06
Rating: 4.90
Views: 316445

Tags: Collapse  Crash  Crisis  Currency  Dollar  Economic  Economy  Euro  Financial  Market  Recession  US  

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Video Comments

nEiran (October 8, 2008 at 5:06 am)
I doubt the "real culprits" will have any need to leave the scene. They will be the ones easily directing the country towards some new plan of subjugation. No doubt they've had plenty of time to figure out a Plan-B, knowing full well this would happen. And the reason this will happen is because the masses are indeed that dumb.
dagnemrth (October 7, 2008 at 11:58 pm)
It will be terrible if the US dollar collapsed, it will just be like when the British Pound collapsed before the collapse of its empire. If I recall correctly the British Empire and the British Pound collapsed in the 19th century because of cheap American imports into Britain and their trade deficit with the US...History like to repeat itself doesn't it?
gearzone2611 (October 7, 2008 at 6:14 am)
It will be a global crisis!
waistoi (October 7, 2008 at 6:11 am)
Hi StopGlobalStupidity I see that you just wrote a bunch of nonsense. Maybe you should stop your own stupidity first.
STOPGLOBALSTUPIDITY (October 7, 2008 at 2:39 am)
Oop's Douchbag. The Asian market seems to swimming in there own monkey shit. If Hong Kong had to live up to environmental standards and copyright laws they would only be making bamboo hats. When you talk about noodles, you must be talking about all the little Hong Kong dicks. All those little slant eye chick's like those big American cocks. To bad!
galacticdude7 (October 7, 2008 at 2:09 am)
does anybody truly know how bad everything would get if The US$ collapsed?
Jazzykaurji (October 7, 2008 at 12:37 am)
Who is the shepherd, Bush? He's a figurehead for intelligence services. You aren't taking into account cults and anti-government militias with ex-military and demolitions experts? And what about millions in prisons? Martial law couldn't possibly restore order. Indian tribes would declare sovereignty. Gangs would rule. Hell's Angels, Aryan Brotherhood, the Crips, M-13. They can't control them now. They will control them in a crisis? Before 911 gangs were better armed than police.
Jazzykaurji (October 7, 2008 at 12:26 am)
First, America has people who are armed and trained. Second, the lawlessness alone will not be containable. Third, there won't be enough money to police the nation, it would break off into sectors. Third, a series of targetted assassinations and bombings would occur. The Philipines isn't America. America is divided into different groups which are not homogenous. Each would be rioting and reacting unforeseeably. Once the system fails, hell will break loose. No Army could contain it.
buzzzcreator (October 6, 2008 at 10:53 pm)
Hey, I would LOVE to be proven wrong, I really would. Keep in mind your army has had good training in Afganistan and Iraq. Especially urban warfare in Iraq. Martial law could be impplemented in a second. Look what happened in the Phillipine recently, the govt announced Martial Law and the whole deal kicked into action, in a matter of hours the army was in control of the whole country.Please explain my Messiah complex? I don't recall claiming to be able to walk on water :-)?
Jazzykaurji (October 6, 2008 at 10:11 pm)
If the shit hits, more than you realize will happen. First, even your average drug addict will kill for a fix. This population driven to despair will be deadly. That's why the elites have Blackwater. But Blackwater won't be enough. Your messiah complex is faulty. It only took one Timothy McVeigh to bring down the federal building. Groups like the CSA, WAR, Order and even Branch Davidians prove that more Americans are armed, trained and dangerous than the government cares to admit.

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