Stay with me. So this leads me to the Top 5 Places Not To Be When the Dollar Collapses. 19 Best Ways to Protect your Money from Inflation and Economic Collapse 1. When Argentina spiraled into social and economic collapse in the late 90’s life changed for everyone. An economic collapse is just the type of scenario that would cause people to become dangerous. Be ready for it. Tags: dollar, monetary collapse, monetary system It is truly astonishing how much trust people have in the establishment. Each collapse was followed by a period of tumult: war, civil unrest, or significant damage to the stability of the global economy". Good luck to everyon. Dollar in particular. 2007 created all sorts of devastation immediately thereafter but for a time in 2010 in the first half of 2011 it looked like recovery was at least possible if unusually we economists incapable of appreciating the global monetary system for their modern practice of. This was a one-time event, just as it was for Austria. This article describes how China can escape the fate of a dollar collapse by tying the yuan to gold. A lucky few were able to reenter the work force. of China made so many major concessions in the failed attempt to salvage its $19. We never know. 20 USD on Friday, April 10, 2020, and is continuing to increase with the global market uncertainty and economic collapse. When reading the business news on any media available it seems like a never-ending scenario of some kind of monetary calamity. A contributor to the Rick's Picks forum disagreed—mainly, he said, because there is no precedent for so swift a collapse of a sovereign currency. Rickards shows why another collapse is rapidly approaching and this time it will be bigger than the Fed. 7 percent against the euro between 2002 and 2012. S dollar will face a reality check. 3) Your life could be in danger. He is self-studied in the field of economics, an active amateur trader. Ditch the dollar: World leaders who challenged reliance on US currency September 3, 2018; China welcomes IMF backing to make yuan world reserve currency November 15, 2015; Ron Paul is Right The U. However, the conditions that led to the mark's collapse are beginning to resonate with a familiarity that should serve as an early warning. Paul Joseph Watson Infowars. These injections which began in September 2019, have grown to over $100 billion per night… all that to support the largest financial bubble in human history with global. " Roach asserts that "US living standards are about to be squeezed as never before," and warns "a crash in the dollar could well be in the offing. There are those who feel that the only real question we face is when the collapse is going to happen and how bad it will be when it comes. Mir Mohammad Ali Khan, finance expert, author of several books and first Muslim investment banker of Wall Street, explains why the impact of Corona pandemic is more dangerous than previous financial crisis. We are stuck in our normalcy bias and cannot imagine or comprehend that the dollar could possibly collapse. And the second was 1966-68, which led to the collapse of the Bretton Woods System. However, this collapse threatens our liberal universe as much as certain responses to the refugees. It also affects foreign exchange futures traders. 08 on April 3, 2020. ” So, it’s phantom deflation, there’s no deflation, and then dollar collapse. com Pingback: My Model Suggests A Fair Value For Gold Is $2,500 to $4,500 In 5 Years - munKNEE. Dollar Will Absolutely Collapse: What Losing Global Reserve Currency Means by Michael DePinto Unless you’ve been living under a rock the last two or three years, it’s been almost impossible not to hear about how there’s a global economic collapse of some kind coming in the near future. In The Collapse of the Dollar and How to Profit from It, financial gurus James Turk and John Rubino show how the dollar arrived at this precipice, why it will continue to plunge, and how you can profit from the resulting financial crisis. Invest in hard commodities. That comes to over $1. But I can tell you that there is no if or when; the collapse of the U. Max adds that “we may never see inflation; we may go from the phantom deflation right to hyperinflation. Some even proclaim that we are only a few days away from a collapse. dollar is the world's reserve currency, and international trade is presently conducted in dollars, the collapse of the global reserve currency will have global repercussions. Under Lockdown Socialism: –you can stay in your residence, but paying rent or paying your mortgage is optional. Governors and mayors. That's about to change real soon too. It also affects foreign exchange futures traders. Bankruptcies will be required to send surplus dollars to money heaven and therefore stabilise the dollar’s purchasing power. It assumes that the dollar is practical worthless and FEMA and law enforcement personnel are not being paid. Amid a series of expected interest rate hikes in the eurozone and at the Bank of England, backed by actual economic growth, currency investors should pay attention in the coming year. I had heard something about the U. Major topics include currency collapse, inflation, gold and silver, crisis investing strategies, cryptocurrencies, war, geopolitics and clean technologies. There are two ways to look at this: A lower-valued U. Because of an oil backed economy , instead of the gold standard. A few years following the collapse of the twin towers the world was almost unrecognizable from what it had been at the end of the 20 th Century. View global market updates, breaking news, investment tips and daily stock tips, as well as top economic stories. America has had one heck of a leg up on other countries for many reasons. Report History credits Lehman Brothers’ collapse for the 2008 financial crisis. dollar, and there must be a viable alternative. Fiat money is money that is not backed by any other collateral, like gold or silver or other commodity. The work and savings of their lives evaporated; they became homeless, or were forced to move in with relatives. If the petrodollar is destroyed, the U. And if history is any guide, there isn’t much time left. I wonder what the six pieces are?. The author is a storm chaser, storm tracker, freelance photojournalist, and video stringer that does part time news gathering and dissemination. Because our budget has automatic, across the board increases, we are careening towards a brick wall of total economic collapse. I do'n't see the dollar rising vs other main global reserve currencies (Yuan, Yen, Euro, Pound) as they are all within 2-3% of the dollar value. The main sign of a dollar collapse is when the value of US dollar drops. The Big China Takeover And The Dollar Collapse A state-owned Chinese bank says its New York City branch has begun offering accounts denominated in China's tightly controlled yuan in a new move to expand the currency's global reach. ” “Goldman Sachs forecast that the longest ever bull market. Many Nifty 50 stocks sported price-to-earnings (P/E) ratios as high as 100 times earnings. Alex Jones is right to say that there will be hyperinflation. " One Chicago report found that every dollar small venues generate in ticket sales results in $12. China's currency is growing ever more important in world affairs, and it's not by accident. At the end of February, it was 100. Oahu’s economy has been hard hit with the outbreak of the coronavirus and measures to prevent its spread, mainly because of the collapse of the tourism industry. Russia is historically prone to internal collapse, as is shown by numerous examples from both the imperial and Soviet periods. It is the sixth stage of collapse that seems to be fairly consistently overlooked by most in the peak oil/collapse corner of the blogosphere. Pingback: Is Silver Going DOWN To $7 Or UP To +$700? 18 Different Points Of View - munKNEE. In order the bring about a global currency, the United States dollar must be destroyed. The dollar could fail completely by the end of this year. That goes double for the government. 5 quadrillion of derivatives which has taken over a world economy which generates a mere $80 trillion/year in measurable goods and trade. Epic Economist is providing exclusive original content of the global economic crisis. When they have turned the dollar into worthless script they will hand it out like candy. It's used for $100Bs of oil trade every year.  Who will be buying your metals when all the brokers and dealers went bust? You paid a premium when you bought, you will. The dollar will never be allowed to collapse. $ 180 Billion Asset Manager Explains What May Spark The Collapse Of The Dollar Tyler Durden Fri, 05/22/2020 – 17:46 Authored by Tad Rivelle, Chief Investment Officer, Fixed Income, oversees over $ 180 billion in fixed income assets, including $ 95 billion of fixed income mutual fund assets under the TCW Funds and MetWest Funds brands,. Otherwise, the dollar will remain the world's global currency. Governors and mayors. Now it’s our turn, here in the USSA- complete with SWAT teams smashing into people’s homes in the middle of the night. You do not want to be a slave to debt when the next wave of the economic collapse strikes. There must be an underlying weakness in the value of the U. " "Concerns have grown that a prolonged outbreak may bring on a recession. So this leads me to the Top 5 Places Not To Be When the Dollar Collapses. The coming collapse in the dollar will have three key implications: It will be inflationary — a welcome short-term buffer against deflation but, in conjunction with what is likely to be a weak. In The Collapse of the Dollar and How to Profit from It, financial gurus James Turk and John Rubino show how the dollar arrived at this precipice, why it will continue to plunge, and how you can profit from the resulting financial crisis. At that point, the currency wars will be reignited, never really having gone away. China will. Meaning that, even at $1,400 an. Article originally appeared on Goldmoney. com (Ben Winck) 6 days ago Cities where COVID-19 is. According to the current leap-year regulations the average number of days per year will be. The collapse of any given currency generally implies the absolute devaluation of a given currency in relation to others in the world. but most people will never see this form of inflation or even know it exists. An artificially inflated bubble. A petrodollar is a United States dollar earned by a country through the sale of its petroleum to another country. The euro may well gain in value relative to the US$ over the next 12 months, but three differences between the monetary systems of the US and the euro-zone guarantee that the euro will collapse. I cannot buy "tools" before I have a billable project to use the "tool" on. The heart of European Saxons is thirsting for freedom and longing for eternal wisdom. If/When China and/or Russia introduces a gold-backed currency… the dollar will collapse. Having money with a reserve currency status enables a nation to dominate and control the world's financial markets, as their currency is used for international trade and transactions. Collapse Of US Dollar !!! « Reply #28 on: December 03, 2009, 05:46:15 PM » In the video I'm thinking of, Glenn notes that the only reason this hasn't hit yet is because the banks are basically not lending the money yet, which they will eventually we know that. The only way for the system to keep going is by adding more and more in. Below you will find my three reasons why I believe a U. In case you didn't know the Forex market is a $8 trillion PER DAY market. All 50 states issued their debt in the single currency of the dollar but they. In a recent interview with Russian President, Vladimir Putin, he remarked that the US Dollar will collapse soon and we wanted to examine why he said that, and more importantly, what he is doing to speed up plans of removing the US as financial world leader. Fiat currencies always collapse - always. Why The US Dollar Will Collapse on 27 September 2016 ? This collapse will be global and it will bring down not only the dollar but all other fiat currencies,as they are fundamentally no different. Is that really the case? USD is still the official currency of other countries such as Ecuador, East Timor, El Salvador and Zimbabwe. Here are her reasons why. will never pay down the debt January 11, 2013 By Andrew Moran Leave a Comment If anything will cause America’s economic collapse it will be its astronomical debt. [email protected] That's why you should hold onto your crypto for dear life. " One Chicago report found that every dollar small venues generate in ticket sales results in $12. Sadly, the fundamentals of the U. That is normal long term behaviour. The US dollar today has just 2 cents the purchasing power it did in 1950. At that point, the currency wars will be reignited, never really having gone away. You can turn back now or learn the Stuff They Don't Want You To Know an audio podcast from iHeartRadio. Dollar Collapse. r/DaDaABC has accumulated over 300 new members in just the past 8 weeks. Article originally appeared on Goldmoney. They don't talk about the Federal Reserve's retirement portfolio. A planned event. The first time I realized I hated politics was in 1977. Why make a bet on the value of the dollar? Second is interest rate risk. Prior to 1973, the US dollar was backed by real physical gold, and Gold has a “limited” supply (If you believe that). ISIS will be eradicated in short order, to boot. I’ve read no shortage of apocalyptic predictions suggesting that 2016 is the year of the dollar collapse. The Fed has complete governance over the supply side of the dollar market — but not so the demand side.  Walmarts will never accept gold and silver. Some even proclaim that we are only a few days away from a collapse. Old habits die hard. For example ALL oil in the world is sold in US dollars. The only thing that could ever collapse the dollar would be a sound medium of value – aka GOLD! Third world garbage countries no doubt dislike being pushed around by the US. There are those who feel that the only real question we face is when the collapse is going to happen and how bad it will be when it comes. The depression it is causing is highly visible. The Five Stages of Collapse [ Update November 2011: In light of the unfolding global sovereign debt fiasco, I have issued an update. Wed, Nov 20, 2013 - 3:15pm. Editor's Note. The fact that such a chain reaction collapse was only kept at bay due to massive liquidity injections by the Federal Reserve's overnight repo loans should not be ignored. The Big China Takeover And The Dollar Collapse A state-owned Chinese bank says its New York City branch has begun offering accounts denominated in China's tightly controlled yuan in a new move to expand the currency's global reach. We believe that we are magically isolated from economic collapse. Putin boldly claims US dollar will collapse soon. The US and World economy is being sabotaged by the global elite , the corporate and political leaders who work together to gain power and wealth, and they are purposely destroying the value of the US Dollar and when the collapse comes, the dollar will be worthless, and they will institute a new world currency and then a cashless microchip system of buying and selling. But learning takes place. This is tricky because a collapse of the dollar would likely have a negative effect on many of the world's large companies. That is why it failed in USSR. At the end of February, it was 100. The technical target tells us that the dollar will come down another 50% against the Swissy. The Dollar’s Collapse is Imminent. When reading the business news on any media available it seems like a never-ending scenario of some kind of monetary calamity. com (Ben Winck) 6 days ago Cities where COVID-19 is. Even though gold is now officially excluded from the monetary system, it does not save the dollar from a third collapse and will still be its yardstick. The collapse usually takes place as Russia rests on the laurels of recent military victories while internal economic and social troubles grow. Last Sunday night, we looked at. If the government goes bankrupt, you'll have an extremely angry, confused, and frustrated populace that has little faith in its leaders — combined with a horrific economy and a reduced ability of the government to keep order. You may have to register before you can post: click the register link above to proceed. How Will The Next Global Financial Collapse Unfold? You May Never See Normal Again David Morgan discusses the end game for the dollar, will hyperinflation be. Destroy the dollar and China's heft around the world is destroyed as well, because only a small proportion of China's loan-influence is in renminbi. The Collapse is a event of Cyberpunk world. dollar - as President Putin has long warned - that is the root problem: "We're looking at a commodity-price collapse and a collapse in global trade unlike anything we've seen since the 1930s", said Ken Rogoff, the former chief economist of the IMF, now at Harvard. A dollar collapse will not occur in 2018. You want OIL? Don't show up with Pounds or Euros! If the dollar collapsed, what do you think would happen with world oil markets? That is why the world will NEVER allow such a thing to occur. dollar and the global fiat currency system is inevitable. It assumes that the people are hungry and rioting in the streets. To be clear, I don’t think that a complete collapse of the dollar is either likely or imminent. The first time was in the late 1920s, which led to the dollar’s devaluation in 1934. The international monetary system has collapsed three times in the past hundred years, in 1914, 1939, and 1971. The reasons why a poorly conceived policy involving increasing inequality, rampant greed, moving jobs overseas, and those Republican catch-phrases "trickle-down" and "hyper-capitalism" as well as the tax policies which. a collapse of the U. The dollar will never be allowed to collapse. Why Fear of a US Dollar Collapse is Rising. Dollar Collapse in 2018? The U. Keep in mind that currencies are not backed by gold anymore, but by their respective governments' ability to pay their debt and the overall economic activity of their country. " One Chicago report found that every dollar small venues generate in ticket sales results in $12. As the United States becomes the epicenter of the COVID-19 pandemic, the country's. economy are not very strong. Two conditions must be in place before the dollar could collapse. Can Never Be Weimar. $ 180 Billion Asset Manager Explains What May Spark The Collapse Of The Dollar Tyler Durden Fri, 05/22/2020 – 17:46 Authored by Tad Rivelle, Chief Investment Officer, Fixed Income, oversees over $ 180 billion in fixed income assets, including $ 95 billion of fixed income mutual fund assets under the TCW Funds and MetWest Funds brands,. r/DaDaABC has accumulated over 300 new members in just the past 8 weeks. dollar could soon collapse. The answer lies in the rising global dollar shortage, and should be a lesson for monetary alchemists around the world. The people who predict a collapsing dollar never mention any of this. The main sign of a dollar collapse is when the value of US dollar drops. In the first half, investment banker and risk manager James Rickards discussed why he believes the collapse of the dollar and the international monetary system is coming, and how the 'global elite' in finance continue to push their agenda for a one-world government and monetary system. Deflation Land: Why I stopped worrying and learned to love the currency collapse. And if history is any guide, there isn’t much time left. With a new currency they try to contain the debts. Credit as money would NEVER obtain seeming permanence, so it could never be pyramided in a Ponzi scheme. However, the conditions that led to the mark’s collapse are beginning to resonate with a familiarity that should serve as an early warning. You want OIL? Don't show up with Pounds or Euros! If the dollar collapsed, what do you think would happen with world oil markets? That is why the world will NEVER allow such a thing to occur. He predicted the dollar index would crash, and it soared massively for years. A banking collapse will be a game-changer for financial markets, and we should then worry that the Fed has bound the dollar’s future to their fortunes. Ok, so today I am starting to wonder about some things This is kind of my personal rant, thinking here, so bare with me There are two sides to every story, and two ways to look at everything, so I am curious about how you folks feel and think about. And I am about to tell you why. It describes the errors that led to the two previous episodes, and the lessons from them relevant to understanding the position today. Trump’s willingness to talk down the value of the dollar is a notable departure from decades of “strong dollar” rhetoric from administrations of both Republican and Democratic presidents. It desperately needs to shed its dollars. Here are some reasons why: The dollar is the world’s reserve currency – there is no suitable replacement now or even on the horizon. Interest rates are at all-time lows, substantially below the rate of inflation everywhere, and actually negative on about $17 trillion of European and Japanese government debt. Since the U. That much is clear. Due to their proven growth records and continual increases in dividends, the Nifty Fifty were viewed as “one-decision” picks: investors were told to buy and never sell. The dollar could fail completely by the end of this year. Even the trillion-dollar stimulus package. The fact that such a chain reaction collapse was only kept at bay due to massive liquidity injections by the Federal Reserve’s overnight repo loans should not be ignored. Keep in mind that currencies are not backed by gold anymore, but by their respective governments’ ability to pay their debt and the overall economic activity of their country. The dollar could fail completely by the end of this year. com Pingback: My Model Suggests A Fair Value For Gold Is $2,500 to $4,500 In 5 Years - munKNEE. The combination of collapsing oil prices and countries like China and Russia abandoning the dollar will start the dollar ball rolling. The US dollar is about to collapse because of a simple economic fact that no one has the power to change or conceal. In an opinion piece in The New York Post, Powell notes that the ratings agency Fitch just cut Portugals bond rating to AA negative — a clear sign that the insolvency crisis that began in Greece…. What will Start The Big Collapse? the "low interest rate person," and "King of Debt," who claims the "too strong" dollar is "killing" us. Large, formerly industrious cities will collapse into filthy shanty towns and tent city landscapes of the diseased and broken. That is normal long term behaviour. budget deficit. Gold or other precious metals, but be careful because the price has already inflated. The New York City Council crowed about its progressivism in passing a billion-dollar reduction in the NYPD’s budget. That goes double for the government. When the dollar does. The currency manager’s reasoning is. com (Ben Winck) 6 days ago Cities where COVID-19 is. If Harvey is the first hurricane and Irma is the second, then we are well on our way to fulfilling what he saw. Again, any one of these could trigger a full-on collapse of the dollar. The use of a single domestic currency such as the USD as the global reserve currency has caused large systemic imbalances in the global financial framework. Why Reserve Currencies Matter. 3 Reasons Why America is About to End. Even so, we believe the attendant collapse of the dollar will play out far more quickly than did the German mark during the Weimar hyperinflation of 1922-23. Implement a bail-in, eliminating billions in unsecured claims (and deposits) and leading to a full-blown systemic bank run as depositors everywhere rush to withdraw their savings, leading to a collapse of the fractional reserve banking mode (in which there is only 10 cents in physical deliverable cash for every dollar in depositor claims). Also, the unlimited printing that the US has started will soon accelerate as companies and financial institutions default. A contributor to the Rick's Picks forum disagreed—mainly, he said, because there is no precedent for so swift a collapse of a sovereign currency. Many Nifty 50 stocks sported price-to-earnings (P/E) ratios as high as 100 times earnings. Economic activity would be organic, balanced and boom-bust cycles relatively minimized. A lot of people have been saying for years that the US dollar is going to collapse, and that will cause another global financial crisis. It describes the errors that led to the two previous episodes, and the lessons from them relevant to understanding the position today. He shows how countries all over the world are losing faith in the dollar as currency and taking actions to protect themselves from it's eventual demise. The era of U. com Pingback: This Model Suggests A Silver Price Of $40 to $60 In 5 Years - munKNEE. Italy is an amazing country with a long history, outstanding food, great wines, and unsurpassed culture. The people who do want it are the same people you don’t want to meet. Since the start of 2017, the US dollar collapse has been evident - down 15%. Now yes we have all heard this argument time and time again as debt continues to build and governments continue to spend. The economic collapse begets a collapse in tax. If interest rates only go up a half a percent, they are already in trouble. That includes foreign governments who own U. Alex Jones is right to say that there will be hyperinflation. Unlike past recessions, services activity has dropped more sharply than manufacturing—with restrictions on movement severely curtailing expenditures on travel, tourism, restaurants, and recreation. Dollar swaps could be crucial if a sharp escalation of the ECB’s lending for bailouts leads investors to flee the euro, driving down its value. “It’s not only a new trend, the dollar is in danger of major collapse,” says Martin Wolf of The Financial Times. Anyone who holds dollar-denominated assets will sell them at any cost. With the dollar no longer convertible into gold, demand for dollars by foreign nations was sure to fall and with it, its purchasing power. This article addresses the ideas will America collapse, but also why people dream of the idea of the fall of the establishment and the rise of post-apocalyptic reality. The collapse of oil prices at the start of March after Russia withdrew from the OPEC+ deal was a disaster for Moscow, which remains heavily reliant on oil exports to fund the budget. Your military is far from the most powerful in the world, look to Syria, Iran. The coming collapse in the dollar will have three key implications: It will be inflationary — a welcome short-term buffer against deflation but, in conjunction with what is likely to be a weak. When the majority realize their currency is backed only by debt the government will never be able to pay back — $23 trillion to be exact — the U. The collapse of currencies will lead to the collapse of ALL paper assets. The most recent was in 2008-2009 when massive debt defaults caused a global financial crisis. com Dear Readers, What I tell you today could change the way you view many things in life. Note however, that the US was surpassing Great Britain as the world’s financial and military superpower well before that. The state of the global geopolitical chessboard has never been so precarious. The situation, was of course, different. Collapse Of US Dollar !!! « Reply #28 on: December 03, 2009, 05:46:15 PM » In the video I'm thinking of, Glenn notes that the only reason this hasn't hit yet is because the banks are basically not lending the money yet, which they will eventually we know that. In that sense, if the dollar collapses, America. The US is almost certainly going to lose it’s dominance but it will happen gradually over many decades much like it has in the past 30 years. The Federal Reserve in conjunction with the U. The Collapse is a event of Cyberpunk world. The international monetary system has collapsed three times in the past hundred years, in 1914, 1939, and 1971. The fact of the oncoming collapse itself should not be a surprise, especially when one is reminded of the $1. The Dollar’s Collapse is Imminent. The only thing that could ever collapse the dollar would be a sound medium of value – aka GOLD! Third world garbage countries no doubt dislike being pushed around by the US. Redeems Damaged Bills Because The Dollar Depends On It The Treasury reviews some 24,000 cases a year and reimburses around $30 million to people whose money has been burned, flooded or. dollar - as President Putin has long warned - that is the root problem: "We're looking at a commodity-price collapse and a collapse in global trade unlike anything we've seen since the 1930s", said Ken Rogoff, the former chief economist of the IMF, now at Harvard. To answer the question will America collapse or fall, you have to define what this means. Many Nifty 50 stocks sported price-to-earnings (P/E) ratios as high as 100 times earnings. In order the bring about a global currency, the United States dollar must be destroyed. Three Steps to Save America from Collapse.  You will be dumping because you will need the all mighty dollar to buy things. The dollar, of course, is nowhere near the circumstances faced by the German mark at that time. The US dollar is the currency of the world and as such will always be the "currency of safety". He told Cointelegraph when the dollar collapses, the Bitcoin will gap higher “by 10,000 at a clip” before making a run to $400k. The US Dollar Will Collapse Next Week - Peter Schiff The catalyst for the rise in gold and the decline in the dollar, I believe, was the dovish speech given by Jerome Powell today in Jackson Hole. The people who do want it are the same people you don’t want to meet. that suggests we shouldn't lose much sleep about the dollar becoming worthless. In Closing. The most recent was in 2008-2009 when massive debt defaults caused a global financial crisis. The collapse of oil prices at the start of March after Russia withdrew from the OPEC+ deal was a disaster for Moscow, which remains heavily reliant on oil exports to fund the budget. The US Dollar Index, which measures the strength of the dollar against a basket of other currencies, has risen 2. So, it’s phantom deflation, there’s no deflation, and then dollar collapse. is in the process of paying them back,at the tax payers expence but the value of dollar is becomeing increasingly devalued. that suggests we shouldn't lose much sleep about the dollar becoming worthless. This is the world we are heading into, make no mistake. In the end the government stepped in to stop the collapse of the mighty US dollar.  Who will be buying your metals when all the brokers and dealers went bust? You paid a premium when you bought, you will. Dollar swaps could be crucial if a sharp escalation of the ECB’s lending for bailouts leads investors to flee the euro, driving down its value. According to Ben Fulford, the reason why there are no ships delivering goods is because shipping companies are demanding to be paid by the Chinese Yuan versus payment by the US Dollar. Unlike past recessions, services activity has dropped more sharply than manufacturing—with restrictions on movement severely curtailing expenditures on travel, tourism, restaurants, and recreation. Russia is historically prone to internal collapse, as is shown by numerous examples from both the imperial and Soviet periods. A collapse of the U. dollar is falling as U. The Inevitable Collapse of the Dollar by Len Hart, The Existentialist Cowboy Americans live beyond their means, Asia finances it and China props up the buck so that the US can buy Chinese made stuff at Wal-Mart. President; a Financial bubble that is ready to burst. This is how nations collapse. Stephen Roach, one of the world's leading authorities on Asia, is worried a changing global landscape paired with a massive U. The Federal Reserve injected huge amounts of dollar liquidity into the economy, averting an imminent disaster but. Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. Be ready for it. They ran Europe into the ground. dollar will be brought down from its pedestal and be measured alongside the yuan and the ruble. I have never commented on your presentations, even if I have been listening to your news for a few years. Optimists have always said, in essence, that there’s nothing to worry about—that confidence in the dollar will never truly be shaken, no matter how high our national debt or how dysfunctional our government. The financial. When economic activity plummeted during 2008 and 2009 in the United States, Europe, and throughout the world, coordinated stimulus spending of nations across the globe prevented the collapse of world output from becoming another Great Depression. Or the global economic collapse. Economists at Goldman Sachs warn GDP will collapse at a 24% rate, a far cry from the "4, 5. The stronger dollar era may be on borrowed time. dollar collapse. And at the center of this plot is the Federal Reserve. Be ready for it. The dollar could fail completely by the end of this year. Using this route, the Fed could lend billions or. com October 13, 2010 Congressman Ron Paul has indicated that he will embark on a bid to become President in 2012 if the economic crisis worsens and leads to a dollar collapse, hinting for the first time that the Ron Paul Revolution, which was the grass roots precursor to the Tea Party, will once again be ignited as it was to such great fervor in 2008. is due for an economic downturn, the severity of which is yet to be seen. But it never happened again in Germany. The economic collapse is worse than the great depression. The stronger dollar era may be on borrowed time. The rest of the world can’t afford to let it collapse and will support the dollar by buying more of it if needed. currency was fundamentally weak despite its 25 percent increase since 2014. The Dollar Vigilante (TDV) is not your typical financial newsletter. Since 1971 gold has increased over 3800% and many experts predict the price of gold could soar well over $8,000 if the dollar collapses. - Debt Slavery - Why It Destroyed Rome, Why It Will Destroy Us Unless It's Stopped - Hammurabi Knew - Deliberately Engineered Economic Collapse in USA Leading to Martial Law - Descent Into Barbarism - The US and NATO Wage War on The World - Dollar Collapse Update - "Obama Demands Pay in Euros!". I am a bot, and this action was performed automatically. dollar, the U. What is HYIP about exactly? HYIP is a type of Ponzi scheme, an investment scam that promises unsustainable high returns of investment, claiming to invest the members money on stock, mostly Forex, markets, but in fact pays the members with the money invested by the others. 30% or more, which is likely, the losses will mount. Nixon and the End of the Bretton Woods System, 1971–1973. They ran Europe into the ground. If you have never heard of the petrodollar system, it will not surprise me. Trump’s willingness to talk down the value of the dollar is a notable departure from decades of “strong dollar” rhetoric from administrations of both Republican and Democratic presidents. Collapse of South Tower of the World Trade Center seen from Williamsburg, Brooklyn. that suggests we shouldn't lose much sleep about the dollar becoming worthless. In the latter half, Zac Bissonnette, a personal finance writer, talked about the various ways people from all professions lie to the public in sometimes outrageous. The barter economy will begin on Day One of the coming economic collapse. Stephen Roach, one of the world's leading authorities on Asia, is worried a changing global landscape paired with a massive U. It assumes that the dollar is practical worthless and FEMA and law enforcement personnel are not being paid. According to Ben Fulford, the reason why there are no ships delivering goods is because shipping companies are demanding to be paid by the Chinese Yuan versus payment by the US Dollar. In other words, Covid-19 may be the trigger, but it is the U. budget deficit. This was a one-time event, just as it was for Austria. Alex Jones is right to say that there will be hyperinflation. Collapse? It didn’t collapse- They got their power firmly established…so they just eased up a hair. That includes foreign governments who own U. The Dollar Collapse Will Rock The World: Jeff Berwick on the SGT Report - The Jeff is interviewed by the SGT Report, topics include: Acapulco Mexico vs the U. The ultimate metals buyers market will occur when you bugs dump a few weeks after the collapse. Such huge levels of deficit spending used to set off alarm bells in Washington, but no more. Consider the scale of government borrowing that is required for the US to pay for a US$2 trillion coronavirus stimulus package. Imagine everybody watching the big dollar "collapse" on the news. Many commentators seem to believe that if the US Dollar hasn’t collapsed in value by now, after seven years in which the monetary base has more than quadrupled in size, then it will never happen. "The Collapse of the Dollar" is an extremely informative book that will definitely help you get a great understanding of what is going on in the markets currently and it also shows you what possible steps an investor can take to help protect themselves from the coming collapse. After 25 years since the collapse of the Soviet, In a recent debate with intelligentsia and writer, I have opined that: communism will never cop with a European sensibility. budget deficit. Stephen Roach, one of the world's leading authorities on Asia, is worried a changing global landscape paired with a massive U. A contributor to the Rick's Picks forum disagreed—mainly, he said, because there is no precedent for so swift a collapse of a sovereign currency. The upcoming dollar collapse is a mathematical certainty; all that's remaining is a demand-side catalyst. America's most brilliant investors are taking drastic measures now, and they have been for the past 2 years. Dollar Will Collapse, economic collapse, Lindsey Williams, STORAGE FOOD, STORAGE WATER Pastor Lindsey Williams has confirmed that there will be be a worldwide economic and financial crash slated for 2017 after the Patient Protection and Affordable Care Act (HR 3590) is fully enacted. They included household names such as Xerox (XRX), IBM, Polaroid and Coca-Cola (KO). Read more. But a meaningful fall is always possible. It would probably lead to the most violent economic shock in history, dwarfing the Lehman Brothers bankruptcy in 2008 and. Gold derives part of its value from the fact that it can be traded across borders, as it has been for centuries. Economic Collapse is Happening Now! Protect Yourself!!!– 200% Proof They Will Start Dollar Collapse & Martial Law – April 18, 2019 April 18, 2019 by Edward Morgan. The only thing that could ever collapse the dollar would be a sound medium of value – aka GOLD! Third world garbage countries no doubt dislike being pushed around by the US. The devaluation of the dollar is a monetary phenomenon and typically driven by lowering interest rates by the federal reserve to increase credit and liquidity. The dollar will stop being the world’s reserve currency, causing a steep devaluation. Pure monetarists appear. Collapse of South Tower of the World Trade Center seen from Williamsburg, Brooklyn. The collapse of this crucial element in the music industry’s ecosystem would be devastating. They have. Most of them proclaim that the collapse is imminent. Define collapse of the United States. One gram of gold is just a yellow metal that weights one gram. The topic is not a new one. Why America will collapse into a third world country (unless patriots save it first) Tuesday, It never used to be this way, of course, but things have changed. 5 billion alliance with the Rio Tinto mining concern in Australia. The US dollar and US Treasury bills and bonds are still viewed as a safe haven by many. The fact that such a chain reaction collapse was only kept at bay due to massive liquidity injections by the Federal Reserve’s overnight repo loans should not be ignored. When the dollar finally croaks Gold will still be there like it has for over 4,000 years. The people are already in the streets: in the United States and around the world. The Federal Reserve in conjunction with the U. Many Nifty 50 stocks sported price-to-earnings (P/E) ratios as high as 100 times earnings. Dollar Collapse, Why It's Happening and How You Can Trade It. First of all let me say that for the U. This spells big trouble for the American economy—but potential riches for smart investors. Optimists have always said, in essence, that there’s nothing to worry about—that confidence in the dollar will never truly be shaken, no matter how high our national debt or how dysfunctional our government. Why the Coming Economic Collapse Will NOT be Caused by Corona Virus By Matthew Ehret Last updated Feb 27, 2020 Traders work after the opening bell during the IPO of the ride sharing company Uber, at the New York Stock Exchange (NYSE) on May 10, 2019 located at Wall Street in New York City. With the dollar no longer convertible into gold, demand for dollars by foreign nations was sure to fall and with it, its purchasing power. So while the main conspiracy theory says there is going to be a dollar collapse, many of the sub-theories conflict with each other. Why Oil Prices Are About to Collapse By The Oil Drum - Jan 12, 2012, 5:35 PM CST All is not as it appears in the global oil markets, which have become entirely dysfunctional and no longer fit for. Putin Pushes To Collapse US Dollar In 28 May 2016 This collapse will be global and it will bring down not only the dollar but all other fiat currencies,as they are fundamentally no different. Thus, we can see that over the past five. History is full of sudden currency collapses. S dollar will face a reality check. Collapse? It didn’t collapse- They got their power firmly established…so they just eased up a hair. A banking collapse will be a game-changer for financial markets, and we should then worry that the Fed has bound the dollar’s future to their fortunes. A planned event. Rule 2 does not apply when replying to this stickied comment. Monetarists often tell us that the central bank can shrink the money supply as well as grow it, and the reason why it’s never happened is, well… the wrong people were in charge. Define collapse of the United States. 20 USD on Friday, April 10, 2020, and is continuing to increase with the global market uncertainty and economic collapse. As of 2017, the U. The collapse of this crucial element in the music industry’s ecosystem would be devastating. The economic fallout of the lockdowns will reverberate for years to come. Invest in hard commodities. That's about to change real soon too. 9%, which was the highest in more than 15 years, and the reality is that the figure may go further up, amid hopefully at a slower pace. As Lebanon stands on the brink of collapse, and some say a complete overhaul of the country’s governance is needed, a young political party is fighting to The dollar squeeze began to hit. That's why the Chinese renminbi USDCNY, +0. If interest rates only go up a half a percent, they are already in trouble. A lot of people have been saying for years that the US dollar is going to collapse, and that will cause another global financial crisis. ” “Goldman Sachs forecast that the longest ever bull market. The collapse usually takes place as Russia rests on the laurels of recent military victories while internal economic and social troubles grow. $180 Billion Asset Manager Explains What May Spark The Collapse Of The Dollar Tyler Durden Fri, 05/22/2020 - 17:46 Authored by Tad Rivelle, Chief Investment Officer, Fixed Income, oversees over $180 billion in fixed income assets, including $95 billion of fixed income mutual fund assets under th. An anti-government protester confronts security during a protest against the deepening financial crisis, in Beirut. The standard interpretation of oil price movements as a response to global oil supply and demand shifts makes it unlikely that the correlation stems from the dollar's effect on oil prices. When there is a great threat of high inflation and high debt, in which rising consumer prices force the government to raise interest rates. The situation, was of course, different. There are those who feel that the only real question we face is when the collapse is going to happen and how bad it will be when it comes. The most reasonable explanation, then, for the Classic Maya collapse is a combination of inter-connected factors. Three Steps to Save America from Collapse. The stronger dollar era may be on borrowed time. Each collapse was followed by a period of tumult: war, civil unrest, or significant damage to the stability of the global economy". 5% and the American economy was already suffering from a decay begun 16 years earlier when the dollar was removed from the fixed exchange rate and was "floated" into a world of speculation. What are you going to use on Day Two to provide for your families?. What makes this fiat currency failure the Mother of all historical currency failures is that the US dollar is the world's reserve currency. Invest in hard commodities. Why make a bet on the value of the dollar? Second is interest rate risk. The collapse of any given currency generally implies the absolute devaluation of a given currency in relation to others in the world. At that point, the currency wars will be reignited, never really having gone away. In fact, it’s unlikely that it will collapse at all. Warfare, social disorder, over-population, and unfavourable climatic conditions combined, perhaps not all together and in varying degrees and with different timing and sequence depending on location, to bring an end to the. So, such actions may be fraught with a most severe economic crisis,” said Alexander Kalinin, head of the Opora Rossii association of small and medium-sized businesses. When the dollar finally croaks Gold will still be there like it has for over 4,000 years. The collapse of the petrodollar system, which I believe will occur sometime within this decade, will make the 1971 Nixon Shock look like a dress rehearsal. We must remember that the few percentage points left to reach a worthless currency for the countries above mean a further loss of 100% measured from today. He told Cointelegraph when the dollar collapses, the Bitcoin will gap higher “by 10,000 at a clip” before making a run to $400k. To answer the question of which of the SDRs or gold will replace the US dollar we need first to know what each is. economy is taking a major hit. Old habits die hard. Anonymous : Why The Dollar Will Collapse 100% on 27 September 2016 ? MUST SEE This collapse will be global and it will bring down not only the dollar but all other fiat currencies,as they are fundamentally no different. Dollar, but it never happens; economists and financial analysts are as good as fortune tellers; Joy 26 Dec 11, 03:31. Max adds that “we may never see inflation; we may go from the phantom deflation right to hyperinflation. Credit as money would NEVER obtain seeming permanence, so it could never be pyramided in a Ponzi scheme. The Federal Reserve in conjunction with the U. Amid a series of expected interest rate hikes in the eurozone and at the Bank of England, backed by actual economic growth, currency investors should pay attention in the coming year. Epic Economist is your daily source for truth in a time of universal de. Louis Federal Reserve reports on the trade-weighted value of the dollar. Nigeria has so far achieved theoretical quantitative macroeconomic fundamentals, but a lot needs to be done particularly on stabilizing her bearish Naira currency. In that sense, if the dollar collapses, America. Report History credits Lehman Brothers’ collapse for the 2008 financial crisis. Due to their proven growth records and continual increases in dividends, the Nifty Fifty were viewed as “one-decision” picks: investors were told to buy and never sell. The dollars will then come pouring out. A banking collapse will be a game-changer for financial markets, and we should then worry that the Fed has bound the dollar's future to their fortunes. Why did France fall? A. Source: Bloomberg. They included household names such as Xerox (XRX), IBM, Polaroid and Coca-Cola (KO). Financial experts have pointed out to the similarities between the dollar’s overvaluation of today and the one that caused the dollar’s crash in the early 1980s. DollarCollapse. The dollar will collapse under a ballooning US deficit and deglobalization, former Morgan Stanley Asia chairman says Those balancing the nation's budget "have never had to deal with anything. The country will clearly not give up this role without putting up a massive fight. If the dollar fails, the entire international monetary system will fail with it. “My target for BTC since 2011 has been $100,000 and I. In fact we are the most thoroughly free market newsletter there is as all editors, writers and analysts for TDV are libertarian purists (anarcho-capitalists. A banking collapse will be a game-changer for financial markets, and we should then worry that the Fed has bound the dollar’s future to their fortunes. It never has to be repaid. However, not many will talk about the importance of how to … 5 Important Reasons to Pay Off Debt Before a Collapse Read More ». The collapse of any given currency generally implies the absolute devaluation of a given currency in relation to others in the world. The end of the petrodollar is coming. The Canadian central bank also possesses an insignificant amount of gold in foreign exchange reserves to back up the monetary system. " One Chicago report found that every dollar small venues generate in ticket sales results in $12. One of the biggest going on today is the potential collapse of the US dollar. swelled as the values of the houses skyrocketed far beyond the real values to the tune of one hundred thousand dollar homes selling for 5-6 times that price within the span of several years. Any of you gold-haters wonder why? HINT: the USA has no gold left, and Munuchin, like all Goldmanites, is a stone LIAR. Many commentators seem to believe that if the US Dollar hasn’t collapsed in value by now, after seven years in which the monetary base has more than quadrupled in size, then it will never happen. You can perhaps guess much of the rest: At some point, rumors will circulate that one major bank is near collapse. If/when the dollar collapses and the world will be in turmoil, (YEARS later) countries will probably try to re-unite to combat dollar-collapse together and form a global government/ruling-party and a new all-digital currency which the antichrist will enforce upon all people. This spells big trouble for the American economy—but potential riches for smart investors. Keep in mind that currencies are not backed by gold anymore, but by their respective governments’ ability to pay their debt and the overall economic activity of their country. The international monetary system has collapsed three times in the past hundred years, in 1914, 1939, and 1971. Due to their proven growth records and continual increases in dividends, the Nifty Fifty were viewed as “one-decision” picks: investors were told to buy and never sell. The lower classes are fully aware that this is happening and their rage, both black and white, will hasten the collapse of US society. A banking collapse will be a game-changer for financial markets, and we should then worry that the Fed has bound the dollar’s future to their fortunes. At a workshop this week at the National Council of Applied Economic Research, he gave reasons why the US economy, for all its apparent strength, is in danger of stagnation or collapse, and could take the dollar down with it. This is the world we are heading into, make no mistake. And in that way, it is a Ponzi scheme. Their theory is based on the days when gold was money and describes the effect of imports and exports of monetary gold on the general price level. r/DaDaABC has accumulated over 300 new members in just the past 8 weeks. The dollar won't be replaced as the world's global currency. This article explains why another collapse is due for the dollar. Each collapse was followed by a period of tumult: war, civil unrest, or significant damage to the stability of the global economy". Finally something the Libs did that helped. The dollar declined 54. But the expected epidemic never materialized, and the vaccine led to partial paralysis in 532 people. Or the global economic collapse. com October 13, 2010 Congressman Ron Paul has indicated that he will embark on a bid to become President in 2012 if the economic crisis worsens and leads to a dollar collapse, hinting for the first time that the Ron Paul Revolution, which was the grass roots precursor to the Tea Party, will once again be ignited as it was to such great fervor in 2008. For gold it’s very simple. dollar is going to lose a tremendous amount of value and inflation is going to absolutely skyrocket. The Inevitable Collapse of the Dollar by Len Hart, The Existentialist Cowboy Americans live beyond their means, Asia finances it and China props up the buck so that the US can buy Chinese made stuff at Wal-Mart. We’ll tell you exactly why this trust is about to shatter… and how to protect yourself. If you have never heard of the petrodollar system, it will not surprise me. In order the bring about a global currency, the United States dollar must be destroyed. The collapse usually takes place as Russia rests on the laurels of recent military victories while internal economic and social troubles grow. Note however, that the US was surpassing Great Britain as the world’s financial and military superpower well before that. Due to their proven growth records and continual increases in dividends, the Nifty Fifty were viewed as “one-decision” picks: investors were told to buy and never sell. Why the Coming Economic Collapse Will NOT be Caused by Corona Virus By Matthew Ehret Last updated Feb 27, 2020 Traders work after the opening bell during the IPO of the ride sharing company Uber, at the New York Stock Exchange (NYSE) on May 10, 2019 located at Wall Street in New York City. Each collapse was followed by a period of. This article examines the possibility that it marks the beginning of the end for the Fed's dollar. The author appears to be talking about more than just the collapse of the dollar, he's talking about a collapse of world, and I don't think he understands what money is. com Pingback: This Model Suggests A Silver Price Of $40 to $60 In 5 Years - munKNEE. The era of the US dollar's 'exorbitant privilege' as the world's primary reserve currency is coming to an end. However, it would very unlikely be commodity based, as that form of currency valuation is highly outdated. So, such actions may be fraught with a most severe economic crisis,” said Alexander Kalinin, head of the Opora Rossii association of small and medium-sized businesses. Seven reasons why the U. The video "Why economic collapse never comes" was viewed more than 47,000 times before it was pulled with no explanation givern. In that sense, if the dollar collapses, America. Bisset Associates LLC, predicts the dollar will plunge about 40 percent against the euro by 2024. In The Collapse of the Dollar and How to Profit from It, financial gurus James Turk and John Rubino show how the dollar arrived at this precipice, why it will continue to plunge, and how you can profit from the resulting financial crisis. Nixon and the End of the Bretton Woods System, 1971–1973. The US dollar is the currency of the world and as such will always be the "currency of safety". All will eventually fail. Why the Coming Economic Collapse Will NOT be Caused by Corona Virus. As Lebanon stands on the brink of collapse, and some say a complete overhaul of the country’s governance is needed, a young political party is fighting to The dollar squeeze began to hit. [email protected] The New York City Council crowed about its progressivism in passing a billion-dollar reduction in the NYPD’s budget. The heart of European Saxons is thirsting for freedom and longing for eternal wisdom. Finally, in 1983, they re-established a peg with the US dollar. Why The US Dollar Will Collapse on 27 September 2016 ? This collapse will be global and it will bring down not only the dollar but all other fiat currencies,as they are fundamentally no different. You want OIL? Don't show up with Pounds or Euros! If the dollar collapsed, what do you think would happen with world oil markets? That is why the. To answer the question will America collapse or fall, you have to define what this means. And just because gold is no longer officially money, it will not stop the collapse of the dollar, measured in gold, again. And the second was 1966-68, which led to the collapse of the Bretton Woods System. He was writing those small pieces of paper in his room at night, and paid the rest of us. If you have a financial panic and there is a collapse of the dollar, and the US government sees a need to back the dollar with gold to restore trust, there is a risk that the US will confiscate that gold. 2425 days per year. Louis Federal Reserve reports on the trade-weighted value of the dollar. In fact, for a while, the “oil shocks” that resulted from Nixon’s decision caused considerable economic instability and inflation. You can perhaps guess much of the rest: At some point, rumors will circulate that one major bank is near collapse. In the longer run, Chinese deflation will be met with U. ” So, it’s phantom deflation, there’s no deflation, and then dollar collapse. The US dollar is about to collapse because of a simple economic fact that no one has the power to change or conceal. Those who bought gold, silver, farmland and firearms will be the new "wealthy. What to Expect From an Economic Collapse. Political adviser and author Jeremy Rifkin believes that the creation of a super internet heralds new economic. ” Known colloquially as the “Nixon shock,” the initiative marked the beginning of the end for the Bretton Woods system of fixed exchange rates. Mind you, the dollar has lost about 40% against gold over the same time, so they'd have done even better with bullion. Anyone who holds dollar-denominated assets will sell them at any cost. And the second was 1966-68, which led to the collapse of the Bretton Woods System. A collapse of the US dollar will not — repeat, WILL NOT — result in a Mad Max end-of-the-world scenario Supermarket shelves will remain empty for six months With that in mind, here's how you should consider preparing for a collapse — in order of descending importance:. "Today I received another confirmation that the collapse of the dollar and the US is inevitable. They included household names such as Xerox (XRX), IBM, Polaroid and Coca-Cola (KO). Treasury are attempting to become the biggest non-prime lender of all time. It's not a matter of if, but a matter of when. He added that “investors should focus less on monetary policy when assessing gold's future and more on the dollar and equity market volatility. He was writing those small pieces of paper in his room at night, and paid the rest of us. Fiat currency means that the currency is backed by the trust in the government. The dollar will collapse under a ballooning US deficit and deglobalization, former Morgan Stanley Asia chairman says Those balancing the nation's budget "have never had to deal with anything. While every media outlet wants you to believe that electric cars will remove our dependence from oil, that couldn't be further from the truth - at least not for another few decades. The fact of the oncoming collapse itself should not be a surprise- especially when one is reminded of the $1. That’s why the Chinese renminbi USDCNY, +0. On the one hand, after about 60 days, should be able to convert PMs to cash in order to pay off the mortgage (high to hyper inflation). At the end of February, it was 100. But it’s facing an economic and political crisis that will lead to a global financial collapse. Is that really the case? USD is still the official currency of other countries such as Ecuador, East Timor, El Salvador and Zimbabwe.  America is going to descend into what the native Americans were. But then again, she participated in it all along, as a member of Clinton's inner circle. Its not a question of "if" the US dollar will collapse, its only a question of "when" and how rapid or gradual the collapse will be. The largest financial institutions in the center of the modern world were frozen, assets were ceased, banks were closed, and credit crunch threatened the world’s economy. Why Reserve Currencies Matter.  Who will be buying your metals when all the brokers and dealers went bust? You paid a premium when you bought, you will. ” Suddenly, you get a dollar that is under seige, even though people still trust the dollar.  Walmarts will never accept gold and silver. He told Cointelegraph when the dollar collapses, the Bitcoin will gap higher “by 10,000 at a clip” before making a run to $400k. But while ownership has changed to Italy, dollars never leave America. Here’s why that narrative is wrong David Skeel Thursday, September 20, 2018. Writing on his blog , Prof Buiter said: “There will, before long (my best guess is between two and five years from now) be a global dumping of US dollar assets, including US government assets. and Japanese inflation, as both countries print money to offset any appreciation in the yen or the dollar. –you can obtain groceries and shop on line, but having a job is optional. The dollar could fail completely by the end of this year. That number would just about return the department budget to the levels it was under Mayor Bloomberg’s administration. The international monetary system has collapsed three times in the past hundred years, in 1914, 1939, and 1971. Nor do banks that have lent trillions that will never be repaid post gruesome videos.