Worth the listen! Economic collapse! It's not coming, it's here! Get ready!

He called it it 1974!

Yet, here you are, posting on a conspiracy forum, complaining about credibility. AC seems legit.

You do know that Ben Bernake is retiring in a few months?

They've been saying it for 5 years because it's been imminent for 5 years. Our ecomony is so bandaged together right now.

You know why the dollar is relatively strong right now?

Because people are too scared to put their money anywhere else. As the interest rate yield on bonds goes up, bondholders will freak and cash them out. Then watch the dollar.

Prices are inflated because with yield rates so low the only place to make up the difference is by raising prices.

The US dollar is not being devalued.

The USA as a whole has been producing less and less yield for the past 32 years.

Meaning the USA has been collapsing into a liquidity trap for 32 years and the event horizon is getting close now.

Is the U.S. national debt 19trill or 70trill?

Stocks, new built homes, gold and silver are in no way indicators of a healthy economy.

Under-Employment.
Average wages.
Food Assistance.
The Tax Burden.
The Cost of Living.

These are the real indicators.
Wake up and smell the economic collapse and civil war to come.

where's the collapse? is there rioting in the streets in america yet?

The dollar is strong because demand is high and the production \ supply is lower.

It has zero to do with fear. The US dollar was made the global trade medium of exchange in 1944...meaning that for anyone else outside the USA to be able to buy anything from the global trade system they have to get their hands on the US Dollar.

Without this arrangement the USA would have collapsed to oblivion decades ago.

Of course the dollar is being devalued. Look at the M2 money supply in the last 3 years. More dollars in existance = less purchasing power per dollar. Economics 101.

You do know that many countries are negotiating commodity trades between each other in other currencies?

That's changing with the emergence of China's economy. BRIC nations are already talking about a new medium of exchange and leaving the good old USA out of it.

The US Dollar is backed by the might of it's military, it's agreement with OPEC nations to trade only dollars for oil, and it's debt based fiat from the Federal Reserve.

You can thank Nixon for that. He's the jackass that took us off the gold standard.

The whole scenario changed when Russia produces more oil and China's Renminbi gain dominance and the eastern countries buy more and more physical gold.

Gold bitchez, buy it while it's low.

Bingo! The dying embers of the mighty Petro-Dollar. After the Gold Standard broke-down, the world took to the OPEC "Oil Standard". The US exported industrial goods, services and weaponry to the oil rich Arab world in exchange for oil in a giant Dollar-Go-Round. Now America's energy hungry industry is no more, and the oil is only used to move cheap foreign shit about, Arabs have nothing to spend their useless paper on except perhaps technology of death and destruction (weapons). What is there left to do, but try out their purchases as the global economy slides into the abyss.

With the global economy locked into such a corrupt model, the final result was always going to be a rapid acceleration into chaos as people do whatever they have to, to survive the unwind - whether they be rich or poor. Fighting over the emaciated corpse for a bone to gnaw on.

Economic collapse only affects poor people though

Nixon was forced to bail out of the Gold Standard due to the policies of his predecessors - the final nail being LB Johnson spending on the Vietnam War, before that the Space Race, Cold War and WWII.

Ike warned about the Military Industrial Complex. Military spending is like flushing money down the toilet - unless it can pay it's way by plundering other nations. There's little left to plunder, because so few things of value are manufactured.

BINGO!! Everything else is bullshit. Dollar is still the only dominant medium for world trade. As the world trade increases because more people from third world engages in international trade, demand for dollar will increase. The only way dollar will ever be replaced is through a major war, which is not likely for another 50 years minimum. SO no doom. Lazy and stupid Americans are however royally fucked.

The rich have got to live somewhere. When the money system starts to fail, so does the rule of law. It is the force behind the rule of law that allows the rich to maintain their position. When dying of starvation people become violent - when they see they have nothing to lose.

You can only buy a military, when the military have something to spend their money on. Rich people are only rich because the poor are willing to work hard for little reward. When the system breaks down chaos ensues.

Over here in my country all the people -including the average and low income earners- are spending money like there is no tomorrow.

They only believe what they are being told on TV, Rihanna, Dancing with the Stars and reality shows.

The masses of consumer sheep don't care crap about what is to come.

I don't believe TV or Dancing with the Stars, but I do believe what Rihanna is telling me.

Please define what you mean by "major war" and the reasoning for your optimistic timing (50+ years).

I look around me, and all I see is war. Be it Syria, Palestine, Iraq, Afghanistan, Egypt, the War on Drugs, the War on Terror, Marshall law, riots, civil unrest, high handed government. There are wars everywhere. The globe is a tinder-box waiting for a trigger.

On 28 June 1914, Archduke Franz Ferdinand of Austria, heir presumptive to the Austro-Hungarian throne, and his wife, Sophie, Duchess of Hohenberg, were shot dead in Sarajevo, by Gavrilo Princip, one of a group of six Bosnian Serb assassins coordinated by Danilo Ilić. The political objective of the assassination was to break off Austria-Hungary's south-Slav provinces so they could be combined into a Greater Serbia or a Yugoslavia. The assassins' motives were consistent with the movement that later became known as Young Bosnia. Serbian military officers stood behind the attack. The assassination led directly to the First World War when Austria-Hungary subsequently issued an ultimatum against Serbia, which was partially rejected. Austria-Hungary then declared war, marking the outbreak of the war.

On top of these Serbian military conspirators was Chief of Serbian Military Intelligence Dragutin Dimitrijević, his righthand man Major Vojislav Tankosić, and Masterspy Rade Malobabić. Major Tankosić armed the assassins with bombs and pistols and trained them. The assassins were given access to the same clandestine network of safe-houses and agents that Rade Malobabić used for the infiltration of weapons and operatives into Austria-Hungary.

The assassins, the key members of the clandestine network, and the key Serbian military conspirators who were still alive were arrested, tried, convicted and punished. Those who were arrested in Bosnia were tried in Sarajevo in October 1914. The other conspirators were arrested and tried before a Serbian kangaroo court on the French-controlled Salonika Front in 1916–1917 on unrelated false charges; Serbia executed three of the top military conspirators. Much of what is known about the assassinations comes from these two trials and related records.

LOL, I knew it would say "coming this fall" because that is what I've heard for years.

I love it how we can print money into infinity and spend as much as we want while the 3rd world countries have to work 18 hours a day for just 50 cents.

AHAHAHAH. Love it.

We're enslaving the whole world.

This curve was postulated in the 1950's

It was published as shown, I believe in the late 1960's or early 1970's.

[link to imageshack.us]

[link to imageshack.us]

Look on the curve and locate the Word Trade Center (9-11)

Then locate the Iraq War?

Look at how the Oil companies are drilling further and further out into the oceans, deeper and deeper, at tremendous expense?

Extremely costly and dangerous Fracking, and Polar ice drilling scenarios?

Constantly Invading, and fucking with Oil Rich Countries.

Oil Sands, Piplines...On and On...The World is Running Out of OIL>>>

DOOm was predicted, and is only slightly behind schedule...

The Psychopaths are in a Panic to find, extract, and use up every last drop of Oil they can.

Before someone else gets to it?

It's called the Hubert Curve...

You have parroted the MSM dude, that was not the real reason for ww1. However, I will give you the benefit of doubt.
The reason i say that no doom for 50 years is because the world is not ready for such a war. US dollar holds it's weight and Chinese don't wanna mess with the current world system. Russians are also happy with the way things are. The only people suffering are Middle Easterns, but they are not being invaded like Germans did to Czechs. Sure Iraq and Afganistan were invaded but that didn't lead to a world war.My point is that you need a world war to replace dollar's hegemony and i don't see it happening for another 50 or 100 years.

The supply of US dollars has not increased significantly in 5 years.

Economics 101?

The reason the Economic situation is the way it is...is because they teach lies in university.

Yield rates are so low that anyone with pricing power is raising prices too make up the difference.

Food fuel and other key commodities.

All the prices attached to those are raised higher.

From 1944 to 2008 the US money supply was growing by 7.9% per year.

Then it began collapsing down to just under 2% for the past 5 but it began collapsing in 2005 when the 1991 to 2005 real estate boom ended when the USA ran out of resources to sustain it.

The production of US Dollars began collapsing and lead to the 2008 collapse of the global banking system.

An since then the production of US dollars has been cut.

Its why the EU stopped inflating and began to collapse. Why China is slowing down..etc

The belief that the US dollar is being inflated in supply greater than demand is a lie you were told and fell for.

We ride!

The budget deficit is 17 trillion.

The unfunded liabilities are more like 200 trillion. It's so large that apparently no one really knows.

Last Edited by s. d. butler on 08/17/2013 05:49 AM