When will the Dollar Collapse? Global Currency Takeover?

This video delivers forecasts about the worldwide currencies and their end final results. It also delivers advice on how to prepare in times of currency devaulation.

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[jimbobubbadj]

I think that globalism is going to peter out. There is not going to be the energy to be able to run it. Things will be more local. Less energy means less transportation. Also due to less energy, there will be less available for wasteful endeavors such as more management which would be necessary to run a one world system.

[Cyrus992]

@jimbobubbadj

Well you will like my possible coming "renaissance" clip. It delivers my plans and goals which highly relates to a more local networks.

Besides, I have also thought about how this energy situation might impact the growing globalization trend. Thank you.

[TheAerosmither]

that what happens when Human made system replaces Gold, Silver and Food with paper money. not mentioning using Usury for their Benefit and printing more paper out of thin air. "speaking of equality and fair Market"

Islam knew the facts but they still trying to Justify themselves.

they can run but they can't hide.

Human brain is not complete, Revelation is.

[Cyrus992]

@Knossos22

Oh I do see much more pinches ahead in our society.

Can you even image how all of these car-ridden cities that seperates the offices, retail, housing, etc.. will become more dysfunctional?

[Knossos22]

@Cyrus992 As the price of oil continues to spike the worry about pervasive pernicious inflation is again dominating. The bottom of the economic pyramid is rapidly being drained of its capital. This time the credit available to these billion plus people is not as available or as easy. If we revisit $140 a barrel oil, and $4.50 to $6 dollar fuel, there is going to be a real pinch in the US economy. Europe has high gas prices but they only use about 1/3 as much fuel and more of the cost is for tax.

[Knossos22]

@Cyrus992 Considering the magnitude of some necessary systems - roads, rail, energy, water - they have traditionally become socialized systems. The battle over socialized and market systems has been left unexamined, to a large degree. Society functions without a clear understanding of what systems should be or need to be considered "Commanding Heights" and what are best operated by free markets... and why.

There are problems with either approach; the distribution of wealth, for example.

[Knossos22]

@Cyrus992 Have you watched Commanding Heights? I think the whole series is about 6 hours and features Jeffry Sachs, among others.

/watch?v=KfwclEAX6tM

There are various criticality one failure points in complex machines. The Space Shuttle has something like 105 such parts that would result in a loss of vehicle if they fail. Civilization has various such failure points as well. The supply of energy and, as you point out, water are among the these critical systems.

[Cyrus992]

@Knossos22

Tell me about it. Our area (you also forgot San Diego and Tijuana) is almost dependent on others when it comes to food, manufactured goods, water, and especially oil.

Similar to what you have just pointed out, we do need to increase of local networks of energy, transportation, social, cultural, artistic, education, health, legal, economic, and financial activities. We can do by especially creating more walkable, connective, diverse, mixed-use market-oriented urban areas.

[Knossos22]

@Cyrus992 The LA Basin has about 17.7 million people and 3 days food on the shelves. If there is a major oil disruption the LA Basin is a death trap. i.e. all large cities are death traps at the ends of complex supply chains. Looking at the economy as a complex system then fuel is one of the primary dangers for single point failures.

Economies need to be redesigned for resilience. Otherwise, it is just a question of when there will be a collapse not if there will be collapse.

[jimbobubbadj]

@silveristhefuture I did a video about "Secrets of Oz". There is a great video response to my video about it as well. I hope that you will check both vids out. Peace out. watch?v=38lAKJabsiQ

[jimbobubbadj]

@silveristhefuture Central Banks should not control the money either. I don't trust government or banks. Neither IMHO should be able to issue money. If there must be a central authority issuing money it must be backed by gold. Government needs hard limits. Government does not do what the public wants. For example most people are against the Bank bailouts, the government did it anyway. Based on this, government will continue to not manage anything especially something as tempting as money.

[silveristhefuture]

@silveristhefuture and by the GOV I mean THE PEOPLE. The gov is just suppose to be an agency for the people, even though that's not what it is today. As long as the people could vote on QE, things would be all fine and dandy. Because they would always vote no.