The Day of the Dollar (Roel van Broekhoven, Backlight 2005)

Do we live on a bubble? Is it possible for the heavily indebted American economy to collapse and take all of us down in a free fall with it? Have the days of the dollar been counted? Is it really unimaginable that we will see the time of the Great Depression repeating itself?
VPRO Backlight and Dutch national newspaper NRC Handelsblad present this 'what if' scenario. What if the dollar collapses? Fiction meets facts in this 24 hour scenario. At 9AM a Singapore trader is ordered to sell a large amount of dollars, which sends off the enormous downfall of the dollar. This film shows the results for the world economy every following hour. It ends in Amsterdam, where the only currency accepted by a taxi driver is sigarettes...
History seems to have caught up with this 2005 film, though in slow-motion...
Includes interview with analist Stephen Roach, Andy Xie, Maarten Schinkel, Cees Maas, Rob de Wijk and Kees Vendrik.

Category:

News & Politics

Tags:

• dollar
• economy
• currency
• banking
• roach
• xie
• vendrik
• subprime
• crisis
• backlight
• rate
• scenario
• documentary
• vpro
• market

[erlendch]

@boscoesarmy: it has subtitles you ignorant american fuck, or you cant read? :P

[Scalywag66]

And apparently thos who speak/type in English find it difficult to read the subtitles.

[dennisjo88]

yea the dollar is just fine bro.......everything is just fine .

..sjjjeeezz

[DandDskeeto]

@PlayClaner Yeah  brilliant huh

[PlayClaner]

Lol the dollar is doing fine and euro is going to hell, gg :)

[jonb324]

BTW, how's that euro working out for you guys? ;)

[larsiemannen]

@Invesigator christianity?

[Invesigator]

LADIES AND GENTLMEN: Can you guess to which ethnicity and religious persuasion Peter Schiff belongs to?

[davidlepold]

actually, today, if the citation of read from a congressional hearing is right, today the US is borrowing $5 billion per workingday , no longer only 3 as it is being descripbed din this film 3 years ago....

[marckaptijn1]

@Garcia0384 The American people have not simply been betrayed by the goverment, but much more so by the financial industry with banks like Goldman Sachs being the biggest criminals. The goverment itself is actually also a victim of these too big and powerful banks. The banks are able to get away with murder, unless people wake up and take the right steps to stop and convict these scambankers...

[marckaptijn1]

@Garcia0384 The American people have not simply been betrayed by the goverment, but much more so by the financial industry with banks like Goldman Sachs being the biggest criminals. The goverment itself is actually also a victim of these too big and powerful banks. The banks are able to get away with murder, unless people wake up and take the right steps to stop and convict these scambankers...