Help ATS with a contribution via PayPal:
learn more

Would the end of the Dollar be the end of the United States?

page: 1
0

log in

join

posted on Aug, 10 2009 @ 06:25 PM
link   
Would they find some way to re-fund the government if the Dollar collapsed, or would the national and state governments disband and America would no longer exist as a political entity?




posted on Aug, 10 2009 @ 06:34 PM
link   
reply to post by Donnie Darko
 


The USA would most likely continue on, though with tough economic times for a few years, much like the Russians did after the economic collapse of the Soviet Union. I guess some states may remove themselves from the union, but it is highly unlikely since we all see ourselves primarily as Americans.

[edit on 10-8-2009 by mrFantastic4567]



posted on Aug, 10 2009 @ 06:56 PM
link   
Without a plan in place to compensate for a collapsed currency you would have a genuine SHTF scenario of epic scope and proportion for sure. Yes in time things would probably stabilize but it would certainly leave some lasting scars from the immediate effects.



posted on Aug, 10 2009 @ 06:57 PM
link   
I'd figure it would go something like this:
Your country is like the kid who turned 18 and moved away from its parent (Great Britian), and about after a year later it is suffering from money issues. You would probably go and ask mom/dad for money, which would mean you would adopt either the Euro or the Pound. I know it sucks but that seems like the most likely thing that will happen.



posted on Aug, 10 2009 @ 07:31 PM
link   
If the dollar collapsed the SHTF everywhere, not just the US. We'd be in for a horrible long term global economic meltdown, but I don't see the states dissolving. Actually, it might be a good chance to break the hold fascist corporations have over our government and put some good people on the Hill. Think of it like a group of 30 people climbing the side of the cliff. They are all linked together by a safety rope, and the biggest one should be at the rear to act as anchor in case the others fall. In our case, we scrambled ahead to the top of the line, and if the dollar collapsed, it would be like us grabbing a hold of crumbling rocks instead of solid surface. The big guy falls and the rest of the team is ripped off the mountain because the skinny guy in the back can't hold everybody up.

I also doubt the trillions of debt out there would just magically be forgiven if the dollar failed. Talk about seriously irate creditors!

...Or, the fascist corporations would get gobbled up by a foreign entity (say China), and they'd put in puppets controlled by the corporation. You'd still have President John/Jane Doe, but they'd be working for the corporation which in turn works under the control of the foreign entity. Puppet government at its best! It's probably the way the US works right now with its puppet governments across the globe. At least now corporate interests in America are still largely American interests, even if they screw the people on a regular basis.

In the age of instant global media, it's too risky to go in head first guns a' blazin'. Real control comes by proxy where you can remain hidden and pull whatever strings you want without public repercussions. Ask the Rothchilds, they learned that lesson a long time ago.



posted on Aug, 10 2009 @ 07:56 PM
link   
If you want to be technical, then yes. The dollar is defined in the constitution. If the dollar was to be denied further existance, it would require a change to the constitution and would have ripple effects that would end up overhauling the whole thing.



posted on Aug, 10 2009 @ 10:09 PM
link   
If you want to know where America is headed just look at Argentina.

Further if the US were to collapse it would be an absolute BOON to the rest of the world and not the collapse people are imagining. The main driver of the world today is the ASIA with the EU behind that - ASIA is still growing massively and this area of growth is where we will see the next stabilizing factor of the world economy - it is very popular to over assume the relevance of the US - but they would very quickly be broken up into smaller states, country, principalities etc - there is no way the US could continue as it is with a collapse - why? Because it is merely a union and states would immediately attempt to protect themselves from the fallout - the first place to go would be Texas, California and then the Eastern Sea board - California is around the 4th largest economy on earth - somewhere around Germany and would simply cede and declare its own currency, collect its own taxes and eradicate any debt tot eh US government.

This type of thing happens all the time, it is only people with short term memories who are unable to grasp thetransience of the world - although having said that the US is the worlds longest surviving nation in its current form outside of the Swiss.



posted on Aug, 10 2009 @ 11:39 PM
link   
History would suggest that the collapse of a currency spells doom-and-gloom for a society.

Argentina/Zimbabwe/USSR/etc may be a bit of a stretch, but not much of one. Let's hope we don't find out how ugly things can actually get.





new topics

top topics



 
0

log in

join