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What if tomorrows news headline read: "The Dollar Collapsed Today" ??

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posted on Jan, 22 2010 @ 11:29 PM
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Originally posted by In nothing we trust
OK Wookiep I changed the headline just for you and your brother GreenBicMan.

Now please tell me how you would answer the question.


No, dang it!

I was having fun!





posted on Jan, 22 2010 @ 11:33 PM
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Originally posted by jdub297

There is a difference between intrinsic value and relative value.



Temporary value and lasting value.



posted on Jan, 22 2010 @ 11:39 PM
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what's the purpose of this thread.

it seems entirely pointless to me.

what if?

what would happen if you searched for a solution instead of waving trash in the air like we need help?

wow, sounds like someone might be looking for a handout.

helps what got us here...

every time our country is in distress, some jackass takes more away from us. everytime. the end result is always well thought out years in advance so who do you think has the plan this time?

[edit on 22-1-2010 by notsympl]



posted on Jan, 22 2010 @ 11:52 PM
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Silver coins
Some gold but the gov't may confiscate it as before
jewelry, luxury goods...but some of this may be hard to liquidate

Stuff to trade that would be difficult to obtain:

stuff that would be easy to have around and would be quickly tradeable:

medicines: antiseptics, bandages, salves and ointments, cold medicines, elastic bandages,
asparin, etc.

foods: herbs, spices, salt, pepper, luxury soups or dishes in cans or jars, sugar, dried foods, dried grains, tea, coffee, wine, etc.

cosmetics: toothpaste, toothbrushes, soaps, lotions, make up, razors, combs, hairpins

cleaning stuff: bleach, laundry soap, rope for clothesline, clothespins, fabric softener

Sheets, blankets, towels, washcloths, tablecloths, matches, candles, all the things that make a home.



posted on Jan, 22 2010 @ 11:56 PM
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I'm seeing a trend here.

Realists

and

Oblivious



posted on Jan, 23 2010 @ 12:04 AM
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reply to post by In nothing we trust
 


What if there were no more "what if threads" and instead there were more threads with informative links and researched topics and maybe a video or too, come on really? What if is pointless and wastfull.



posted on Jan, 23 2010 @ 12:10 AM
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"What if ... ?" = HOAX.

This did not start out as a "what if" post.

This is a troll.

jw



posted on Jan, 23 2010 @ 12:21 AM
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reply to post by jdub297
 


Come on...because it made you think? Is that trolling?

I think this thread =




posted on Jan, 23 2010 @ 12:25 AM
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You know what I think it comes down to is.

Kill to keep the money

vrs

Kill to get the money

Are you willing to kill for the US dollar?




[edit on 23-1-2010 by In nothing we trust]



posted on Jan, 23 2010 @ 01:05 AM
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As I have pointed out before, the situation in the USA today is staggeringly similar to that before the French Revolution. Even just a year before, the Louis XVI sat safely on his throne, dealing, badly ok, but none-the-less dealing just a severe recession.

The central rpoblem is NOT the DOLLAR. A dollar collapse in itself could be overcome. Heck, inflation and stagflation was beaten in the 1970's.

At core there is a spiraling Public Debt. in addtion to this is the Credit Default Swap debt. The latter is so huge that if human on the planet gave up his paycheck and every company gave up its corporate profits for ever, the interest on the debt would be almost, but not quite serviced.

By connecting the US Public debt to this through the bailouts it is guaranteed to suck the USA down with it, if the existing public debt was not already going to do it.

Imagine haing a pet elephant and every time your car is stuck in the snow etc, you ask it to pull you out... that is like the public purse and its massive muscle pulling the small guy out the soup. Now, to gain a comparison with the Credit Default Swap etc crisis, imagine taking the elephant to the end of a jetty and you tie one end of a chain to one of the elephant's feet and the other to the sinking SS Titanic. It matters not what the elephant does, it will be instantly dragged down to its doom.



posted on Jan, 23 2010 @ 01:15 AM
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Originally posted by aristocrat2

.. the Credit Default Swap debt



The default swappers these are those who sold out and are now owned by the reserve yes?

They have lost thier right to speak for themselves.

They are like indentured servants to the devil.




[edit on 23-1-2010 by In nothing we trust]



posted on Jan, 23 2010 @ 01:20 AM
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Take a course in Economics dude,

When Canada was giving 1.30 for every US 1.00, business in Canada was booming. Now that it hovers near Par, they are not so happy.

Right now, US is seeing major tourism. Guess what is happening??

What comes around goes around,

If a pot does not leak from holes, is does bigtime when it comes over the top.

(edited for spelling, where caught)

[edit on 23-1-2010 by charlyv]



posted on Jan, 23 2010 @ 01:28 AM
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Originally posted by charlyv

Right now, US is seeing major tourism.



Really?

I thought people were scared to fly.



posted on Jan, 23 2010 @ 01:30 AM
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What brought the French King down was debt. Louis XV had fought various wars and built palaces all financed by bonds. These debts were financed with these policies...

1. More and more occupations were restricted to aristocrats. The King then sold titles for a high price to anyone who would pay them. The same is true now with ever more restrictions limiting various roles to graduates.
2. The King sold monopolies for a high price, just like the no-bid contracts of Halliburton and KBR.
3. All interest was financed by the issuing of new bonds, ever increasin gthe debt.
4. Everyone was told that the King's finances were not like that of Joe Doe, and so his finances did not have to boey the same laws of mathematics and economics as the rest of us.... which some are saying now.
5. Rendition to pick up critics becomes commonplace and people are jailed in places like the Bastille "before they could have commited a crime" - just like Gitmo etc now.

Just before the revolution, the situation was this...

- 12% of the population were aristocrats.
- It was almost impossible to get a job without buying a title from the King.
- Bond yields had hit 20%
- Total debt had reached $8,000,000,000
- ALmost all the savings in the nation were being poured into the National Debt with none available for commerce.

The final events...

Thursday 8th July 1789 - The National Assembly, basically the functioning part of a French constitutional congress, is formed to deal with the debt and tax crisis.

Saturday 11th July 1789 - National Assembly refuses any more funds to the Kings requiring his to have a balanced budget in effect. King can't pay the interest so repudiates entire debt.
Financiers start to panic as middle claas folk realsie that they are about to be ruined.

Sunday 12th July 1789 - Fearing a clamp down by the authorities, Middle Class folk invade local armouries around Paris, only to find that the guards could not care less, realsiing that they are not going to be paid.

Monday 13th July 1789 - Bond market absolutely crashes followed by the stock market. Finance houses and banks collapse everywhere. ALmost everyone in France is ruined.

Tuesday 14th July 1789 - The now penniless middle class people, like doctors, lawyers etc storm the feared Bastille.

After this, it developed with angry mobs attacking the estates of the wealthy associated with the collapse, then those of the super-wealthy and so on downwards until anyone holding an aristocratic title or is a landlord or has a professional qualification is murdered - even the "oiss boy", the young pre-teen kid who used to go around the royal court with a bowl in case anyone wanted to take a leak (which they usually did by pissing in his face - hence the expession) is sent for execution.



posted on Jan, 23 2010 @ 01:33 AM
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reply to post by In nothing we trust
 


Another Myth,
Ask the airlines.



posted on Jan, 23 2010 @ 01:37 AM
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Originally posted by charlyv
reply to post by In nothing we trust
 


Another Myth,
Ask the airlines.


Sigh

Do you just enjoy lieing or does your bitch make you do it?



Airlines Suffered Largest Revenue Drop Ever In 2009

It was the largest drop in the industry's history, surpassing the 14 percent decline in 2001.

The Air Transport Association of America attributed the loss to a 6% drop in passenger volume and a 13% decline in the average cost of flying one mile.

www.businessinsider.com...




Airline passenger revenues posted record drop in 2009

Airline passenger revenues fell by a record 18 percent in 2009, the Air Transport Association of America announced Wednesday.

blog.seattlepi.com...



posted on Jan, 23 2010 @ 01:41 AM
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WHAT TO INVEST IN?

The future is so black it is hard to conceive. If the USA does default on its debt, the entire country will collapse.

The following will occur, I belive in roughly this order...

- Mass withdrawals from the banks.
- Law and order services people not bothering to turn up for work as they deal with their own personal crisis and fearing, rightfully or wrongfully that they will not be paid.
- Collapse of the road, rial and air superstructure.
- People pre-empting any move by the Governement to impose martial law, fearing rendition and a clampdown. Gunshops, local National Guard centres being raided at gunpoint and mass shootings in the street.
- Food supply stopping dead, armed hold-ups at grocery stores across the nation and most being boarded up accelerating the onset of starvation.
- CEO's and legislators' homes being invaded and lynchings across America.
- Army and Police people turning on their own units in an effort to find food.
- Fire Department staff staying home, allowing fires to spread across cities unchecked.
- Any states still functioning attempting to cede.

This will occur in days, not months after a US Bond default.


[edit on 23-1-2010 by aristocrat2]



posted on Jan, 23 2010 @ 01:49 AM
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Originally posted by aristocrat2
WHAT TO INVEST IN?

The future is so black it is hard to conceive. If the USA does default on its debt, the entire country will collapse.

The following will occur, I belive in roughly this order...

- Mass withdrawals from the banks.
- Law and order services people not bothering to turn up for work as they deal with their own personal crisis and fearing, rightfully or wrongfully that they will not be paid.
- Collapse of the road, rial and air superstructure.
- People pre-empting any move by the Governement to impose martial law, fearing rendition and a clampdown. Gunshops, local National Guard centres being raided at gunpoint and mass shootings in the street.
- Food supply stopping dead, armed hold-ups at grocery stores across the nation and most being boarded up accelerating the onset of starvation.
- CEO's and legislators' homes being invaded and lynchings across America.
- Army and Police people turning on their own units in an effort to find food.
- Fire Department staff staying home, allowing fires to spread across cities unchecked.
- Any states still functioning attempting to cede.

This will occur in days, not months after a US Bond default.



This is an excellent assement of the situation.

Thank you aristocrat

This is a very real scenario.


Originally posted by aristocrat2

Tuesday 14th July 1789 - The now penniless middle class people, like doctors, lawyers etc storm the feared Bastille.

After this, it developed with angry mobs attacking the estates of the wealthy associated with the collapse, then those of the super-wealthy and so on downwards until anyone holding an aristocratic title or is a landlord or has a professional qualification is murdered.



[edit on 23-1-2010 by In nothing we trust]



posted on Jan, 23 2010 @ 01:53 AM
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One Prime reason why a BOND default and Dollar collapse could be way worse than expected is that everyone makes the lousy assumption that this will be triggered by internal factors and not from outside.

There is a MONUMENTAL timebomb under America that no-one has bothered to take note of.

The United Kingdom is in a worse state that the US. It already has skyrocketing inflation and the nation is super-bankrupt.

As an election HAS TO BE HELD BY LAW before 3rd July 2010, Gordon Brown is doing all the wrong economic things, just to ensure his re-election. He is slamming the oppostion Tories for their plans to slash public expenditure and to stop the borrowing and is till hiring more people. In March 2010, one can expect a "giveaway" budget to try to ensure his re-election.

The pound is already droping like a stone. Given this, there is a real risk of UK Bonds being re-eve=aluated as AA instead of AAA. This could trigger an all-out crisis, an overnight collapse in sterling, a collapse in UK Bonds and real difficulty in the UK financing day-to-day operations. Result of this would be a massive stock market and bond market collapse. As Brown would bail out the banks that could well start to fail as a result, even worse pressire would be piled onto the UK Bond an =d equity markets.

With this sort of disaster hitting by early April, it would certainly shatter recovery hope in the US and trigger the same equity and bond market collapse there, making financing of US Governement a near impossibility, triggering a dollar crash and and a further bond collapse, leading to ...possible debt default 0 well ahead of when anyone might have expected it and pre-empting any plans for a gentle easing in of martial law.



posted on Jan, 23 2010 @ 01:56 AM
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SO WHAT TO INVEST IN?

If you are in the US, there is only one thing worth investing in... a bus ticket.

Take yourself on down to the EMbassy of Canada at
501 Pennsylvania Avenue, N.W.
Washington, D.C. 20001-2114

QUit the denial.. Your country's over, so get out now and emigrate to Caanda while you still have your lives.



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