If the dollar collapses US stock markets will skyrocket.For example at EURUSD 2.7 US markets would double while europeans would be at the same level ...The only reason for US equities to fall would be to change your money for some foreign currncy or asset. But if you have a commodity heavy portfolio, or any kind of infrastructure (railways, etc) than you have no reason to selloff, beacuse your "wealth" is the infrastructure or the commodity itself which will survive a currency crisis.Meanwhile all foreign stockmarkets will collapse since all the dollar debt will be wiped out, and those holding US treasurys will have heavy losses.
Hmmmm pretty self explanatory.Money system collapses = Economies collapse.More than possible in this age of computers making split second decisions on auto-pilot.We know most have no idea how to hustle and survive in the US without stealing or robbing...Makes for interesting times...Even the paper rich will soon hear their stomachs growl...Only the super rich seem to be getting away with it all...Man this is like a Stephen King book.
The first person doesn’t seem to get the idea. What you are saying is GENERALLY right. But don’t forget that there are no real commodities behind those paper contracts. How many times people reported on this website and else where that for every ounce of silver there are 100 paper ounces of silver. And it pretty much applies to everything. Those who run the show they don’t care - their endgame is to get the global currency and global control. Those who got trapped in at some point will realize that all their assets and savings are gone. If it is written on paper it’s worth the paper it is written on. Don’t you get it? What you think is going to happen to JP Morgan is they declare bankruptcy? Nothing. They already stole all they wanted, not they’ll trash the bank nobody cares about besides idiots who put real money in it, so called investors.
12:28 you are right, history repeating:same thing happened to my grandfatherby 1931.
I ment to say "now they’ll trash the bank..."
@4:14 PM Thanks for the compliments. I know I am right. Those who doubt need to have their heads examined.They tied the pension funds into a sinking market state and private, and this is how they are going to pull their global currency stunt. The question will be for those in their late 50’s and beyond whether they are going to stay true to the principals of independence and the bill of rights or they are going to kiss their pensions good bye. Guess what the baby boomers; these yuppies are going to say? Especially if the banksters are going to trick them with a gold backed global currency. For the time being they can introduce the gold support, since they’ve already stolen all the gold in the world, and wait until the dorks fall asleep again. Governments will be forced to borrow the gold this time around from the banksters instead of paper, but the interest payments will go to the banksters. Since the gold amount is limited, the development (if any) of the world will be limited. This way they’ll reduce consumption. That’s the goal isn’t it?
Hmmm. The guy wants us to buy his book with our dollars. LOL
@February 14, 2011 9:11 PMHe does, but if you read the comments here, you can figure out what's ahead. If you can, don't buy it. Ford and Toyota also want you buy their products. So what. If you need them, do so. If you can get away with a bicycle- fine, don't buy a car. Why is this unnecessary skepticism where you don't need it?
it'll hurt many traders and businesses and rich..but the upper elite I suppose will have taken out put's and have sold longs before it happens...so many serving the -one...interesting. one, with ten kings without kingdoms.
The Video is ludicrous. The US is the leading manufacturing country in the world, twice as big in dollar value as China. If the dollar inflated (went down in purchasing power) that would make the American products even more cheaper on the world market. Japan, China, Germany and the other industrialized countries would have to lower their currencies to keep their products competitive. Remember, it is all about sales and who gets the revenue.
Joe the Shill, What does america export, except for Fear, War, Terror, Weapons, Torture, Our Jobs and Shitty Cars? Explain why Walmart the Biggest Retailer in the USA sells all Chinese Stuff also?
@February 15, 2011 6:05 PM Short and brillliant. Clearly the guy is a shill.
Self-sustainability, a focus back on Agriculture. Put America Back as the food basket of the world. Remove our carbor footprint and create a greener world for tommorrow. Endless amount of jobs. Problem Solved, repeal Nafta......Promote Free Trade, many principles and ideas out there. WE can sustain for ourselves and live with in our means, much changes.
go back and read this last commrnt one more time. repeal nafta and promote free trade. helle what does nafta stand for you dummy.
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