Is The US Monetary System On The Verge Of Collapse?

Posted on September 21, 2011 by maxkeiser| 27 Comments
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27 Responses to Is The US Monetary System On The Verge Of Collapse?

  1. MirrorMirror | September 21, 2011 at 9:05 am |

    The SPICE Project: Toxic sulfur injections into the shell of the planet and our lungs

    SPICE : Stratospheric Particle Injection for climate engineering

    …
    Geoengineering experiment in Europe: climate manipulations by reflective aerosols into the stratosphere – the world’s rapid increase of cases of COPD
    …
    …This is often forgotten that industrial harmful environmental influences play a big role for most of today’s lifestyle diseases.

    The alarming increase in COPD patients prohibits any additional artificial injection of particles by groups of individuals and organizations who represent only their own interests with geoengineering
    …
    …

    http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.radio-utopie.de%2F2011%2F09%2F21%2Fthe-spice-project-giftige-schwefel-injektionen-in-die-hulle-des-planeten-und-unsere-lungen%2F

    Original link:
    http://www.radio-utopie.de/2011/09/21/the-spice-project-giftige-schwefel-injektionen-in-die-hulle-des-planeten-und-unsere-lungen/

  2. MirrorMirror | September 21, 2011 at 9:18 am |

    Good Articles in this Blog :

    There is a great sense of denial in Europe

    +

    Greece should default and exit the euro immediately

    http://bilbo.economicoutlook.net/blog/

  3. Bill Stewart | September 21, 2011 at 9:29 am |

    CENTRAL BANKER IS A WORRIED MAN

    http://www.rcinet.ca/english/news/17_16_06_2011-09-20-central-banker-is-a-worried-man/

    The governor general of the Bank of Canada says he’s worried by the state of the world economy and that its problems lie chiefly in the U.S. and Europe.

    Mark Carney says the problems are damaging investor confidence. He says Europe’s fiscal and national debt problems can be resolved but that governments there have to act quickly to do so. Mr. Carney urges European leaders to capitalize their banks and to increase their emergency fund for indebted European government.

    Regarding the Americans, he says the recent political squabble over the U.S. government debt ceiling also has discouraged investors. Mr. Carney thinks the U.S. won’t fall back into recession but that the country’s squabbling politicians are making things worse.

    The governor general says that although the solutions to the problems lie beyond Canada’s borders, that country would be impacted if there’s another global shock.

  5. MirrorMirror | September 21, 2011 at 9:47 am |

    There is a great sense of denial in Europe

    http://bilbo.economicoutlook.net/blog/?p=16164

    Says that Maastrich is in tatters … well I can only agree .. the Treaty of course as well.

  6. MirrorMirror | September 21, 2011 at 9:58 am |

    Dollar Funding Costs Rise As Central Banks’ Plan Seen Inadequate

    http://www.zerohedge.com/contributed/markets-just-called-central-banks-bluff

    BTW :

    25 Reasons To Absolutely Despise Bankers And Their Minions

    7) Max Keiser and Stacy Herbert are both American financial experts who now report on gross banking fraud from their base in Paris. They have made several trips to Dubai and have told us what multiple bankers told them. American contractors returning home from Iraq and Afghanistan have deposited suitcases full of money in Dubai banks. If we did not have a government owned and operated by the bankers, would any of this be possible

    http://vidrebel.wordpress.com/2011/07/24/25-reasons-to-absolutrly-despise-bankers-and-their-minions/

  7. jischinger | September 21, 2011 at 10:11 am |

    I hope so – let’s get it over with already

  8. jischinger | September 21, 2011 at 10:14 am |

    I wonder if I should run up all my cards in silver, gold and food before the 29th of October…

  9. Daniel S | September 21, 2011 at 10:27 am |

    “1933 – By executive order, Franklin Roosevelt prohibits the private ownership of gold.”

    How anyone can read America’s sorted history of robbing it’s inhabitants of their wealth, health, and lives, and not see it as a slave farm, is difficult to comprehend. Forced into wars. Forced to use slave coupon currencies. Extorted to pay for wars of aggression. How is it not the modern version of slaves being whipped to build a big limestone triangle? The lifespan of fiat currencies is similar to the time it took to build one of those triangles by the way.

  10. Daniel S | September 21, 2011 at 10:31 am |

    @Bill – Mark Carney is yet another Goldman Sachs boy. Notice his focus is on perception management.

    From Wikipedia, “Before joining the Canadian public service, Carney spent thirteen years with Goldman Sachs in its London, Tokyo, New York and Toronto offices.”

  11. MirrorMirror | September 21, 2011 at 10:40 am |

    .
    .
    .
    Potential Euro Collapse & Rapid Redistribution Of Personal Wealth

    By Daniel R. Amerman, CFA

    … It is worth noting that changing every banking, accounting and money-related regulation or law before a collapse, is considerably easier than dealing with global depression post-collapse.
    …
    … Weakening empires at vulnerable moments have historically attracted wolves, rather than helping hands from those peoples whom the empire has been attempting to hold down as second-class nations.
    …
    … With this scenario, Germany’s euro-denominated national debt is now worth 10% of what it was when we look at things in Deutsche mark terms rather than the euro. Keep in mind also that the German government’s income from taxes is in Deutsche marks, rather than euros. Germany is now repaying debt at 10 cents on the dollar (so to speak) and the value of its outstanding debt has fallen from 1.7 trillion euros down to 170 billion Deutsche marks – a 90% reduction in net debt. Thus, German national debt (ignoring any new debt issuance) as a percentage of the German economy has dropped from 77% of German GDP down to 7.7% of German GDP.
    …
    …

    http://danielamerman.com/articles/2011/EuroFallC.html

  12. Al Kyder | September 21, 2011 at 11:01 am |

    Meanwhile in India

    The worlds Cheapest car Tata Nano
    \
    Gold car on show in India
    Updated September 21, 2011 10:58:10

    A car adorned with close to $5 million worth of gold and jewels has been unveiled in India.

    http://www.abc.net.au/news/2011-09-21/gold-car-on-show-in-india/2909276

    Spot gold headed for biggest quarterly rise in 25 years
    Gold prices edged up on Wednesday, as worries about a worsening euro zone debt crisis supported safe-haven sentiment ahead of the conclusion of a U.S. Federal Reserve policy meeting.

    ICC to hold global conference in Beijing

  13. acudoc | September 21, 2011 at 11:06 am |

    Private internet e-transaction banks with accounts denominated in gold and silver grams, not national currencies; no fractional-reserve lending, only lending from previously saved money at true rates of interest. How else to save the division of labor and maintain the flow of trade? Certainly not by government fiat or intervention—governments haven’t the slightest understanding of the problem that they have caused by legally empowering these banking schemes predicated on fractional-reserve lending of money created out of debt.

  14. Mark | September 21, 2011 at 11:12 am |

    Yes Max. The monetary system is on the verge of collapse, in fact, it has been collapsing for some time. The world, however, appears to be collapsing at the same rate. Earthquakes are abnormal this year. There is plenty of “shifting” of the earth’s plates to shake the bowl. At some point in time it would be expected that a major hit will come to the San Andreas fault in California. There’s also a major fault line that runs through Utah, where I presently reside. I know one thing, a 6.9 or higher magnitude earthquake in the major cities of California will make the failure of the financial systems pale in comparison. A grimmer picture of devastation in quake-hit Sikkim emerged on Tuesday as soldiers blasted boulders blocking hill roads and reached isolated areas like Mangan, 65km from Gangtok. With help reaching faraway regions, the body count from Sunday’s temblor raced passed 130 and could rise as many more are feared trapped.

    I believe the EU will dissolve along with The United States. I don’t believe we have skillful leadership that is necessary in the United States to prevent this from happening. We’ll have to watch the situation unfold, I guess. But it would be extremely wise for those in the United States to own a protection mechanism. I no longer think there is any possibility of their being a pretty outcome to all of this.

    Peacefully, that is. . .

    Mark

    Mark

  15. Mark | September 21, 2011 at 11:17 am |

    More information on the natural disasters that appear to be trying to keep up with the financial meltdown can be found here:

    http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67279296

    Thanks,

    Mark

  17. MIKE/CANADA | September 21, 2011 at 12:32 pm |

    The US Monetary System On The Verge Of Collapse?
    It has collapse.. The paper used as glue, is not working ..

  18. Specky4eyes | September 21, 2011 at 12:33 pm |

    @ Mark. We’d better get a message Californian Zorro and tell him to high tale it outta there.

  19. jimmy chen | September 21, 2011 at 12:51 pm |

    NO, next question

    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

  21. Youri Carma | September 21, 2011 at 2:55 pm |

    Nervous Breakdown? 21 Signs That Something Big Is About To Happen In The Financial World

    You only have to look at the new gold suppression schemes, which started about two weeks ago, to understand that they are afraid, very afraid. They being the central banksters of course. But there has been very strong buying below the $1,800 level which keeps forcing the market back up quickly.

  22. MIKE/CANADA | September 21, 2011 at 3:17 pm |

    @Youri Carma |
    Just wondering your thoughts if “gold suppression schemes” are back firing ?
    when hard PMs go down in spot is driving more of the public to buy?

  23. MIKE/CANADA | September 21, 2011 at 3:18 pm |

    I know I do :-)

  24. ZORRO CALIFORNIA | September 21, 2011 at 8:21 pm |

    Visiting friends in the USA, how does one have the heart to tell them that their currency will inevitably devalue by at least 50%. (As will of course everyone elses)

    Not exactly polite dinner conversation for your hosts.

    All I have seen in the US, is either rabbits stuck in headlights who still want to believe in the false hope pumped out by the bullshitters on mainstream TV or, ostriches who are not interested.

    Denial is a healthy thing, till that truck rolls right over you.

    Bit like that 74 year old pilot who crashed in Reno.

    Hey!….I’m still breathing and this plane heading at 500mph into concrete and terra firma, maybe those folks below might cushion me against my own stupidity and irrepresible ego.

    Z

  25. MIKE/CANADA | September 21, 2011 at 9:19 pm |

    @ZORRO CALIFORNIA |
    “Denial is a healthy thing, till that truck rolls right over you.” LOL
    Hope your having some fun and everything eles is well.
    Mike

  26. karate kid | September 21, 2011 at 11:33 pm |

    everyones talking here

    who cares
    bring me the gold beeches !!!!!!!!!!

  27. karate kid | September 21, 2011 at 11:40 pm |

    http://www.youtube.com/watch?v=57q_7bOij1I&feature=player_embedded#!

    Conquistador !!!!!!!!!!!!
    find your gold beeeeches
    old is new and new is old
    the planet spins off into the universe where will it end
    hahahahahahahahahahahhhhhhhhhhhhhhhhhha