reply to post by pluckynoonez
I agree with almost everything those two gentlemen have said.
But I don't believe a time line can be placed on the collapse of the $ (and other currencies accordingly).
There are a thousand and one things that can force a collapse, speed it up, bring it closer...
And I think one of the aspects all of these people are missing is the response of global powers with a vested interest in seeing the collapse.
There is a myriad of "behind the scenes" espionage, dealing, agreements and so on that none of us see (including economists). If it is in Russia's
interest to see the $ collapse (and that includes their long-term military and economic strategies) there are ways and means to exacerbate the
On the civil unrest scenario, we are already seeing it.
Many of us were discussing this last year, and we saw it coming. We've seen the mass homelessness in certain parts of the US. We've seen the
protests increasing (look at the Healthcare protests, that became more about economics, corporate greed and distrust in government than about
Now we're seeing the grass-roots movement by the people; boycotts of big business, increase in self-sufficiency, murmurings of dissent and organised
opposition to leadership...
The social consciousness is waking up to reality. People are becoming tiresome, they've heard their leaders saying one thing and doing another,
promising change and bringing nothing different, sinking the people further into hardship without adequate explanation or oversight...
And this will continue.
It will increase in a fragmented way with each group in society fighting their own corner, until something happens in each nation to consolidate the
masses. I don't know if that will be an organic shift into a more generalised protest, or something enacted by government to try to control the
people and in turn forcing them to combine.
Two things are certain,
1. The collapse of the $ is inevitable. Doesn't matter how or when, it will happen. It was always going to happen with the system as it is.
I like to compare it to a high-speed sports car. It was built to be beautiful and complicated. But the people behind the wheel are always thirsty for
more power, they always want to get more out of it until they're going so fast they don't know how to control it. There comes a point where the
controls fail, the road becomes too complicated and the bends too tight. Eventually, the car will crash.
2. Social unrest will increase. People have allowed things to reach this point because it didn't directly affect them. They still had their credit
cards (something I said six months ago was another thing to watch for). People are addicted to consumerism, and an addict crashes when they can't get
their fix. As unemployment increases, tax increases, prices increase, people who have been doing okay so far will all start to actually feel it.
We will see a return to riots in London reminiscent of Maggie's Poll Tax.
We will all see the brands of globalisation and corporate power being openly attacked.
We will see boycotts and protests by employees and public alike across the planet.
But, most of us know all of this, we see it happening now and it is slowly increasing. Most of us have the intelligence to know if we are in a
location where such things will affect us. Most of us know if our job is secure.
It'll certainly be interesting to watch, and not that scary or dangerous unless you jump into the fray.