Worst Case: The Day The Dollar Falls Part 1/6

[mjh62889]

Dude it's nice that you and the hand full of people you know are living within their means, but numbers don't lie about the credit and debt use by American's in their day to day lives. This coming from a person who knows MANY people living with around 3 or more maxed out cards with around 5-6 GRAND worth of debt to each card.

[TheTruthHurtsYup]

Fuck this documentary right off the bat with the quote "Americans live way beyond their means" I work my ass off, save as much as I can, live to live not to buy and I know many many Americans that live like me. For every American living beyond their means there is thousands that are living within their means. I refuse to watch this video that gives such a broad stereotype to Americans.

[ZombifyIt]

@TheTruthHurtsYup

It's made in 2005, back then the Americans were still thinking they had it all. Remember that this prediction was made 7 years ago, and everything came true, so yes, turn your head away.

[MrTraffik07]

Debt = Slavery. Public Enemy #1 is the Central Banks. #OccupyCentralBanks

[MrMusicfreak47]

Americans are paranoid people lol

[Moneymarkmathematics]

And Peter Schiff is NOT the only one saying this. Go to Reuters and look at a damn chart people it's freakin scary

[jim89hockey]

If you listen to Peter Schiff he is not urging anyone to buy Euros. He clearly states that all currencies are doomed including the recent move into inflation of the Swiss Franc. He urges his clients to buy gold, silver, mining stocks, and asian stocks. The beginning of this is a lie to say he urges people to move to Euros.

[ReadeRomke]

And they still think they are a triple A country? hahaha

[mulleygraves]

gahaha that debt clock

[SoviPaPa]

LETS SHORTSTOCKS BUDDIES!

[blkhat117]

ha lets see what the U.S. will look like 2 years form now.

[fezzernator]

LoL the current debt woulden't fit on that debt clock.

[chwwdp21]

@fezzernator

Yeah ur right they had to put the $ sign out of the digital counter. Geez doubled in such short period of time.

[TheFernseher09]

there's only 2 reasons why this is happening: (1) it's exactly what the us-gov. wants to happen, or (2) they're (politicians) too ignorant to realize what they are doing. Problem is, governments (which are also businesses) tend not have any sort of practical business sense or duty and all they do is create loss after loss. These are most likely the worst mismanaged "organizations" on the planet! There isn't any other business that can run itself like this and expect to survive

[billychen13]

this is not a worst case senario, this is inevitable

[1finalremark]

It just shows how hard it is for people to think outside of their daily lives. This is a scary scenario but one that it's imperative to consider. However this could also theoretically happen with the euro and their debt crisis, and we cannot forget that Japan has a huge debt from their stimulus package, and the yen still has value.

[HorChild]

WARNING!!!!!

\

Google.. The Anglo Saxon Mission Witness Interview Transcript!!!!

Read it and pass it on!!!!

[bitsequence]

spread your risk: gold euros yen

[BBradshawProductions]

TRUTH is gold isn't rising in value, it is just that the American dollar is losing it's buying power, it's value since the Bush gas BS and Housing Market BS boom started in 2004.

We as Americans are taking a very big pay cut due to the crappy economy since the oil price went crazy during Bush and Cheney

[tehuan1]

Here, in Brazil, the dollar worth like shit !

[danz177]

A RESOURCE BASED ECONOMY - A better way forward

[kvlo1986]

Sometimes I wonder what the hell its going to take for everyone to hit the streets in a synchronized fashion, protesting, and taking back our country, taking the white house like the French did with the Bastille, and restore national pride and human dignity. This is absurd, we outnumber these assholes by the millions, and even the military is their victim and can be turned. Much suffering can come folks, we might be living a pre WW2 Europe. Remember, this goes on as far as we let it....

[vernontrumpet2000]

@kvlo1986 if you had focused on taking America back when Bush was in office,we would not be in this depression  today....lol

[2112mbell]

@kvlo1986 this will happen friend, dont worry ;)

[TWSceptic]

@kvlo1986 It takes a lot. But one example that may do it: if the middle class sees their savings destroyed by the fed. Or another one: people who see their health care severely reduced. All very possible things for the next 5-10y.

[kvlo1986]

The monetary system has become so absurd; opulent production capable of satisfying the needs of every human being, but that produces scarce purchasing power. The moment machines came into the picture, as profits increase, and thus human labor being relieved, -should have been reflected in a permanent deflation, liberating humanity from payed slavery. Instead these were privatized, and everyone was fired while producing more, but destroying purchasing power. We need a resource based economy.

[vernontrumpet2000]

it can all be avoided by paying the black decendents of the slaves who BUILT AMERICA thus MAKING the dollar. slavery was a false balance and a false balance is an abomination unto the lord

[YINGLUNG007]

Back in the 80's I WORKED WITH A white guy who earned only 5.53hr BUT THE BANK GAVE HIM A $10,OOO LINE OF CEDIT.AND THAT'S WHERE THE COLLAPSE CAME FROM.GIVING THESE HONKIES LOANS & HOUSES THAT THEY ARE UNQUALIFIED FOR. BUT THEY GIVE EVERYBODY ELSE DEBIT,AND TELL THEM THEY CAN ONLY SPEND WHAT CASH THEY PUT IN.IF THEY WOULD HAVE DONE THESE HONKIES LIKE EVERYBODY ELSE THERE WOULDN'T BE A COLLAPSE.

[LivingAboveCloud9]

@YINGLUNG007 I haven't heard the word "honkies" in a long time. The last time I did it was from am ignorant, dumb fuck...like you.

I guess that you missed the point of this video because you had to read the subtitles. I know that reading can be tough for someone of your...umm "education".

[YINGLUNG007]

@LivingAboveCloud9 WELL,L.A.C. I ONLY HAVE ONE RESPONSE FOR YOU...ISAIAH 14:12-15 .

[th3dig1tal0n3]

Fakeonomy: when free market is saved by 700 billion dollar bailout to the rich.

[Kogoruhn99]

i have heard that the euro is actually back by gold unlike the dollar which only has value depending on how much money is in circulation. Maybe thats why the euro has always been slighty better value then the dollar.

[phat989]

How about that euro trade ay? how that going these days?

[rickbar123]

Hey America !!!!!! Keep letting Wall Street and the CEOs send your good paying jobs to China. Peter Schiff and his Wall Street Friends will find a way to make money when the dollar fails. You will not be able to feed your family.

[eacans]

The rise and fall of nations. In it lies a lesson for humanity. Get realistic mankind, what has to go must go, sooner or later. You might hook up yourself on life-support temporarily to extend your life, but ultimately it is you who shall pull the cord and end your greedy quest for permanent glory.

[Ranger4564]

The derivatives market is very much like the tulip market because in both cases, assets were fabricated and invested in a product that has no intrinsic value anywhere close to the value reached during speculation. The idiocy is so fricking obvious. How people were conned into this is beyond belief. That they were conned into this should result in their immediate imprisonment for financial recklessness. People are accountable for manslaughter, so why not recklessness? People will die.

[kevreilly7]

@Ranger4564 people conned????-----People signed those no interest loans knew what they were doing. They were"cashing out", taking money out of there house. The Wall street big wigs were all playing a game "pass the trash"---kinda like musical chairs---BOTTOM LINE--When prices go exponential (housing prices) everyone gets greedy and it aways ends in a crash----Manias, Panic, Crashes (author I can't remember) book I read in Freshman year in College---

[gwayne919]

This sounds about something that we need to pay attention. The result can be a terrible one with far reaching penalties for everyone who is of the working class.

[Tabooga65]

This is from 2005! Five years later the U.S. is not only still doing the things that will lead to the collapse of the dollar but doing so on a vastly larger scale! House of cards in a tornado!

[gwayne919]

@Tabooga65 If Osama bin laden is never caught,we have lost the war against them & are now progressing quickly toward ruining the Homeland. A million dollars per soldier per year is what it is costing us to solve the problems,whether they remain solved without our money & military helping is another matter & can we afford to spend by printing more money(inflation)to fight this war as we have been told & that is a question that needs to be answered before we prosecute another day of this war.

[ytgv3fc7]

@gwayne919 Osama Bin Laden and the entire Bin Laden family are friends with the Bush family. The entire set up is a fake. The real bombing is from thermite and explosives along columns. No planes did, or ever could, cause the 9/11 attack. Ever. It's a violation of all physics. The only real war waged here is against the people by their leaders. Afghanistan is about pipelines and opium, not the Taliban or Al Quaeda. Iraq was about squashing a former ally and stealing gold & oil.

[neanam]

@Twistedtwin

The dollar menu at Micky D's is really the 3cent menu?

[gwayne919]

@neanam Yo mang,dats rat mang

[mallamoozoo]

So its worth about 30 times less than it once was - but aren't wages about 30 times higher? So what's the problem?

[Tabooga65]

The problem? There are many. Maybe wages are up 30% and the value of the dollar down 30% so it appears things are the same but stop and think about life in 1913 and life in 2010. in 1913 the majority of the U.s. Population was rural and ag based but the U.S. did have industry as well. A detriot autoworker used his wages to buy meat that his local butcher got from a american farmer. Not so today. When not if the dollar collapses that imported food is going to stop appearing on shelves.

[ytgv3fc7]

@Tabooga65 I assure you wages are not up 30% ;)

[gwayne919]

@mallamoozoo Whatsup mang????????/

[GuildF40]

buy silver

[donniebrasco24]

english please...

[sarahjeanner]

wow, where is the dollar today??

[ABETRMAN]

@sarahjeanner

Caveat emptor!

[Tressco]

Excellent post!!

[rickbar123]

END NAFTA END FREE TRADE

[myheartskry]

Nafta isn't free trade, it's managed trade.

[alltvisanimated]

@myheartskry NAFTA is FREE LABOR.

[boeingdriver525]

Somebody "claims" Stalin was a Jew or of Jewish ancestory. Umm- I'll try to break this to you gently, but the headline does not claim that he was Jewish - only that somebody else does. Not quite the same as the Jews claiming Stalin for their own. Not very bright, are we?

And of course, the messy detail that Stalin went to a Christian seminary - he was actually one of yours, just like Adolf Hitler. Hitler was baptised a Catholic. I am sure that you (and Hutton and Mel) are real proud of him.

[ParapaDrifter]

Sort of like Jews saying they're portugese when being criticised for participating in the slave trade.

[kja5]

This has nothing to do with Jews. It has to do with out of control government spending and the American people being completely ignorant about what their government is doing.

[boeingdriver525]

Still can't answer the question Traditional Liar. You have even admitted that Catholics murdered Jews during the Inquisition.

Hahahaha. I win!

[boeingdriver525]

No, you are either a Jew or you are not. There is no such word (or person) as a crypto-Jew.

Sorry you can't make things up (like the earth circling the sun - ask Gallileo).

You are a liar. And a bad one at that. St Mel of Malibu won't be happy with you.

[boeingdriver525]

And your evidence of Stalin's conversion to Judaism is where, Traditional Liar?

Like I said, send in the Jesuits.

[boeingdriver525]

No such thing as a cypto-Jew, Traditional Liar. Did he convert or not? What you are proposing is that because he married Jewish women he was Jewish. Doesn't happen that way - there is a conversion process that must be followed.

Show me the evidence (and not one of those crackpot websites that you frequent - something scholarly which has been properly peer reviewed please. Got one of your Jesuit friends on to it, they'll know what to do.This isn't a 9/11 conspiracy now, this is the real thing!

[boeingdriver525]

None of which explains why Hitler and Stalin were both Christians.

Sorry, this one takes some thinking, not just cutting and pasting from something published by St "Sugar Tits" Mel of Malibu. Try giving it to a Jesuit, they'll know what to do.

[bookbinder66]

see how the dutch dont need sub titles

[boeingdriver525]

Actually Josef Stalin ran the Soviet Union, and he was a seminarian (i.e. a Christian).

Adolf Hitler was baptised a Catholic, and he ran Nazi Germany.

The 2 biggest mass murderers of the 20th were Christians (surprise, surprise). As are the US and UK governments, who caused the deaths of 500,000 Iraqis before the invasion, and 600,000 since.

Nice try Traditional Liar, I am running out of rubber chickens to send you. Watch out for the FedEx van, another one is on it's way to you.

[LBFallon]

its true. the gold standard was substituted in 71. the dolar is based on nothing and the FED is continually to print more and more money and that will bring a collapse of the economy. its inevitable and it has already started.

[AvEryBadApPLe]

the american dollar hasn't been worth a shit since 1971.

[ari1989]

US on the verge of economic collapse

[BlueTunisia]

THANK YOU FOR THIS VIDEO!! I REALLY appriciate the trouble you took translating it!! =)

Thank you!

[Spright0]

LMAO BLUE Yes thank you

[palaciopalermo12]

wATCH THE DOCUMENTARY ZEITGEIST ADDENDUM ON GOOGLE AND IT WILL EXPLAIN HOW THE MONEY SYSTEM HAS BEEN WORKING SINCE THE FEDERAL RESERVE TOOK OVER AMERICA

[Madoverlord2007]

man u need to speak to me zeitgeist is just funny i have some better info for u some deeper info if u want to know then u understand who really behind this shit zeitgeist is right but there is much much more and its so simpel to see and nobodys sees it zeitgeist is just another tool i have my info from reality not internet if u want to know contact me i can explain into the deepest details how they did and who is doing it i give u a hint they are below sealevel and know as the great builders...

[ReadeRomke]

The problem is that everyone in the USA is using a credit card. They don't check if they can pay it back.

[voyerist1]

The problem is that the world depends upon Americans spending money they don't have. It's whats kept the world economy going. The outcome is that eventually it will catch up with everyone. And THAT is what we see going on right now. It's catching up with the world.

[Isawanangel1X]

hell no it's not okay, schiff, the force of gravity pulls you down faster

[LiteWaiter]

Countries who did not want to trade oil in the US dollar became an enemy. Ask Saddam...

[hereHehereHE]

@LiteWaiter they knocked down the twin towers and bombed the pentagon so we went in and took over the market. if someone knocks my friend out and takes his lunch money I'ma wait outside his house and beat his ass in front of his mom. wassup pussy

[distractions100]

@LiteWaiter

and whats wrong with our government looking out for us?

[LiteWaiter]

@distractions100

There is no GOVERNment, there is only CONTROLment, for the sake of EXPLOITATION.

The CONTROLment is based on the self sufficient, self serving, and corruptable bureaucratic justice system.

Thank you for distracting.

[ryankinda]

@LiteWaiter And now Gaddafi

[LiteWaiter]

Read this 1937 article to understand how the global crisis could be CONSTRUCTED.

OUR FINANCIAL MASTERS (1937) By A. RAVEN THOMSON

(There is a copy on my website, link is on my channel)

[lumster]

Nationalize the Federal Reserve Bank, NOT its debts and mistakes!

[alyr315]

Actually, it should be GET RID OF CENTEAL BANKS. It's a monopoly in any case. We need the gold standard back and money being created by dept of finace BACKED BY GOLD. Banks used to issue money ( receipt for gold ) and things worked well.

[PastorWinthrop]

FAGS!!!!

[SilverSurferTT36]

IPhase 2 was to outlaw trade in gold and silver whilst the federal reserve has been stock pilling your gold in return for that piece of paper they call a dollar.phase 3 economy collapes throughout the world hard currency is phased out everything is chip and pin.If you object to the tune of the new world order they switch your chip and pin off hence you and famil cant buy food/eat.

[KENKENNIFF]

The oldest transferable currency already has collapsed - compromising information : so and so slept with his wife, jack knifed his best friend in the back so he could buy his customers etc. You either can't say these things now for fear of being sued, nobody gives a shit because morality has collapsed or they don't believe it because they've been burned so many times beleiving allegations that later turn out to be untrue. I beleive this became inescapable Max Mosley won his case

[JonnieXA]

LoL I pity you, born in the USA

[VictimOfBoredom]

It's no more pitiful than being born in any other developed country in the world.

[JonnieXA]

America = The most murderous motherfuckers that ever walked the earth.

Even Hitler's Germany was more innocent.

[jazu40]

US is playing economically with the whole World.

Solution. Boycott and cut loose US from world community. This is utopia off course, but this would work.

[VictimOfBoredom]

Now that's not very nice to Americans. =/

[jazu40]

I didn't say it's nice. Most of Americans are victim of this economical games as well.

[fred10538]

The Americans are being very nice at the moment!

[VictimOfBoredom]

Your statement was presumably sarcastic. I'd advise learning to distinguish between a country's government and its people.

[fred10538]

The distinction is clear to me. However, if the American people won't do something about their "government", then who the hell will?

[VictimOfBoredom]

The US is not a direct democracy; it is a representative democracy. As elsewhere in the world, most honest people choose not to go into politics, and it takes a certain lack of integrity to get into high office.

Blaming the American people for the foreign interventionism of their government is like blaming the world's peoples for the ineffectiveness of the UN.

[SilverSurferTT36]

The American people and many other people around the world are to stupid or to scared to do anything about it.....This is due years of stupification programming.....

[fred10538]

Well that kinda leaves the rest of the world up the creek with a !@%!^ paddle then, doesn't it?

[jazu40]

I tell you once again. I have nothing against people. Secondly at this time I have even nothing against US government, because he is not the one who plays this games. Top banks and Wall Street riches have guilt for this world mess.

[SilverSurferTT36]

I think it's too late for that all the world economies is tied into the worthless dollar printed out of thin air claiming it to be worth something,really it aint worth shit.

[OpalSerpent]

I better stock up on cigarrettes for alternative money.

[buickgn1897]

Firearms and ammo will guarantee your access to food and cigarettes.

[dave777blaster]

Excellent analysis

and exactly the problem we find ourselves in today

[kolakbanana]

thanks for uploading this documentary