The final collapse of the US dollar it is just around the corner

All this talk of the collapse of an empire and lower standards of living don't really seem like that bad of a thing. Maybe with this new lower standard of living the future generation won't be so freaking lazy and have some sense of entitlement. Maybe we'll all have to become farmers again since it will be to expensive to transport food. Maybe the best thing that could happen is life becomes simple and all those aspirations to accumulate wealth for the purpose of accumulating stuff is put to rest.

One scary thing I've noticed just watching the regular news is that regular people probably don't even understand why gas is 4 and 5 dollars. All the media does is bash oil companies and Obama is on there saying we will attack speculators. Obama said he wants higher exports and he is achieving this and we all know how :mad: When election time comes he'll say look I increased exports by x and I will throw up in my mouth. We need to use facebook like the arabs to organize a revolt to force the fed to raise rates because I don't exactly have a green thumb and if I have to start growing my own food I'm screwed.
 
Quote from riskaddict:

All this talk of the collapse of an empire and lower standards of living don't really seem like that bad of a thing. Maybe with this new lower standard of living the future generation won't be so freaking lazy and have some sense of entitlement. Maybe we'll all have to become farmers again since it will be to expensive to transport food. Maybe the best thing that could happen is life becomes simple and all those aspirations to accumulate wealth for the purpose of accumulating stuff is put to rest.

One scary thing I've noticed just watching the regular news is that regular people probably don't even understand why gas is 4 and 5 dollars. All the media does is bash oil companies and Obama is on there saying we will attack speculators. Obama said he wants higher exports and he is achieving this and we all know how :mad: When election time comes he'll say look I increased exports by x and I will throw up in my mouth. We need to use facebook like the arabs to organize a revolt to force the fed to raise rates because I don't exactly have a green thumb and if I have to start growing my own food I'm screwed.
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Regular people who don't read any economic news have no idea why gas is over $4.00, I would say more than half of the people here in the US are pretty much clueless about the economy in general.

Haha you really think you can organize a bunch of people on facebook to lead a revolt to have bubble ben bernanke start raising interest rates??? Ha never in a thousand years would that ever come to pass, you really think people care about what is going on in the economy, they don't fucking care, if they did they would have stepped up years back when every bank was receiving free tax payer money for bailouts. As long as they can watch their 62" flat screens, buy the newest smartphone and eat at the newest restaurants there isn't a care in the world where rates stand. All I can say is that bubble ben bernanke has created even bigger problems, the next collapse will be coming sooner than later due to his foolish ways of what he is doing to prop up the economy. More asset bubbles anyone!!!!!
 
April 24, 2011

SouthAmerica: Besides economics here is an important concept that most Americans don't understand the "Exponential Function" - even people who are supposed to be experts on their fields have not grasped the following:


The Most IMPORTANT Video You'll Ever See (Part 1 of 8)
http://www.youtube.com/watch?v=F-QA2rkpBSY&feature=related


The Most IMPORTANT Video You'll Ever See (Part 2 of 8)
http://www.youtube.com/watch?v=Pb3JI8F9LQQ


The Most IMPORTANT Video You'll Ever See (Part 3 of 8)
http://www.youtube.com/watch?v=CFyOw9IgtjY


The Most IMPORTANT Video You'll Ever See (Part 4 of 8)
http://www.youtube.com/watch?v=yQd-VGYX3-E


The Most IMPORTANT Video You'll Ever See (Part 5 of 8)
http://www.youtube.com/watch?v=t-X6EpvWWu8

The Most IMPORTANT Video You'll Ever See (Part 6 of 8)
http://www.youtube.com/watch?v=-3y7UlHdhAU


The Most IMPORTANT Video You'll Ever See (Part 7 of 8)
http://www.youtube.com/watch?v=RyseLQVpJEI


The Most IMPORTANT Video You'll Ever See (Part 8 of 8)
http://www.youtube.com/watch?v=VoiiVnQadwE


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I've seen that video. I have yet to double check his numbers.

To tell the truth I think this guy is a fearmonger. Yeah the economy will collapse. Eventually. Empires have fallen before. Life goes on. Survival of the fittest.
 
Quote from geostrathmore:

I've seen that video. I have yet to double check his numbers.

To tell the truth I think this guy is a fearmonger. Yeah the economy will collapse. Eventually. Empires have fallen before. Life goes on. Survival of the fittest.
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Double check his numbers? LOL.
It is a basic mathematic function, the same that is behind the "power of compounding" beloved by traders.

It is the simple truth behind the illusion of the sustainability of an economy based on eternal growth.
Nothing special. It has to collapse, because it is fundamentally unsustainable.
 
Quote from pescador:

Double check his numbers? LOL.
It is a basic mathematic function, the same that is behind the "power of compounding" beloved by traders.
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Yeah, "double check his numbers". Like 7% per year growth in US Electrical Consumption. Strong minds check facts. Weak minds get hysterical.

Fails the check. It's less than 2%, somewhere in the neighborhood of 1.6%. Some of us are making that on CDs, and trust me, it's not doubling like mad.

<a href='http://www.indexmundi.com/g/g.aspx?c=us&v=81'><img border='0' src='http://chart.apis.google.com/chart?cht=lc&chs=400x300&chd=t:86.4594,88.64337,92.83145,89.38849,92.54882,94.03905,93.93628,95.50359,100,100&chtt=United+States+-+Electricity+-+consumption+(billion+kWh)&chts=0000FF,14&chxt=x,y&chxl=0:|2000|2001|2002|2003|2004|2005|2006|2007|2008|2009|1:&chxp=&chxr=1,0.00,3892.00&chxs=&chg=11.11111,10' alt='United States - Electricity - consumption (billion kWh)'></a>
 
Quote from TGregg:

Yeah, "double check his numbers". Like 7% per year growth in US Electrical Consumption. Strong minds check facts. Weak minds get hysterical.

Fails the check. It's less than 2%, somewhere in the neighborhood of 1.6%. Some of us are making that on CDs, and trust me, it's not doubling like mad.

<a href='http://www.indexmundi.com/g/g.aspx?c=us&v=81'><img border='0' src='http://chart.apis.google.com/chart?cht=lc&chs=400x300&chd=t:86.4594,88.64337,92.83145,89.38849,92.54882,94.03905,93.93628,95.50359,100,100&chtt=United+States+-+Electricity+-+consumption+(billion+kWh)&chts=0000FF,14&chxt=x,y&chxl=0:|2000|2001|2002|2003|2004|2005|2006|2007|2008|2009|1:&chxp=&chxr=1,0.00,3892.00&chxs=&chg=11.11111,10' alt='United States - Electricity - consumption (billion kWh)'></a>
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Seems you have not understood anything about the whole thing.
It is not about the growth of US Electrical Consumption at all.
This was just an example, and he actually said in the video, that "fortunately this 7% yearly growth had stopped"
You just need to listen carefully instead of listening to what you want to hear.

What he is talking about is the exponential function.
If you don't know what it is and how it works, you will never understand what he is saying, neither will you ever be able to develop any working money- and risk management strategy.
 
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