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.
Duration : 0:49:44
[youtube AuPgdZeAFjA]
Tuition fees are …
Tuition fees are kept high by government intervention dickface, not capitalism or free market.
Saddam started …
Saddam started trading oil in Euros rather than Dollars, which is known as the world reserve currency, Since we havent a monopoly on Euros like we do on dollars, did the people losing profits decide to put crosshairs on hussein once again.
luister naar dit… …
luister naar dit…in amerika veel studerten heb een grote debt over capitalishe in het onderwerpen gemaakt. Het is een voorbelt erg prima.
healthcare, and living costs. It is the people profiteering on suffering that is making many extremely rich and others poor.our students in america work full time in college & still come out with a huge debt. they us with commericalism, degraded education, and false belief in the benefits of capitalism way too much to the point of fascism.
real crisis will …
real crisis will happen when oil countries will start trade oil with another currency then $. my guess, they are preparing now to make that switch
this has turned …
this has turned into a discussion. which you cannot win.
just like to point out the original comment that you have no idea of macro- or micro, for that matter, economics.
haha, just showing …
haha, just showing you that some farmers aren’t what you expect.
yes, 17 (at 19 y/o). yes my folks pay for uni, but during ‘holidays’ and weekends, i work, and have all my life. on a farm. real work.
granted i’ve had a mekka childhood. i think 13 years in nz’s best school and studying international business/ international law at university + family connections should set myself quite nicely.
haha we’ve had family problems and we’re tighter because of it, so yeah, i win at life.
Oh my god, are you …
Oh my god, are you dumb or what? Junior, relax! I own three properties PAID OFF plus almost 2 hectars of residential land exactly 1 km away from a newly built mall but that’s nothing compared to my family (parents). Seriously, you got major issues, kid. You’ve been to 17 countries? Big deal, I ve been all over the world including 90% of the USA too. You are just a cocky brat living high on dadddy’s money. Let’s see what you gonna do in your life, retard! Make sure your parents won’t cut u out
lol, commerce/ law …
lol, commerce/ law uni degree student.. so. yeah, i don’t think i’m the idiot.
dumb farmer? haha. my parents literally mouth f*ck you everytime you go to the grocery store dipship. my family has 1 hotel, 2 houses and a very large farm in a semi- residential area, plus im 19 and i’ve been to 17 countries. so yeah enjoy your value- adding product job, while we create out of thin air, and take your money.
when the hits the fan, you’ll have no idea how to defend yourself/ grow produce.
I wonder who the …
I wonder who the idiot is? You won’t take away from me because you’ll be dead before you try anything funny. But I hope that SOMEONE ELSE will take your stupid land at gunpoint; who needa another dumb farmer ? hahahahahaaa
you’re a fuking …
you’re a fuking idiot, go take a economics paper.
if that happens, you wouldn’t have ANYTHING because i’ll take it from you with my gun you dipshit, this would cause the whole world to drop into absolute chaos.
fuck money- jesus. money is what keeps you alive. what’s some farmer (like me) going to with a tv for some fruit when the electricity goes down?
i’m hedging with fertilizer, guns and a defendable land. and i live in nz, not even the US. living there or anywhere invadeable.
and now you seek to …
and now you seek to attack Iran( cost maybe 1/2 trillion dollars!)
America will collapse if you dont change you policy! Get out of Iraq at least!
Tell Obama that! He promised it, so remember to say it to him in a few months!
Will the US Dollar …
Will the US Dollar collapse?”
Answer: “what Doller? i have a brain to”
YOU are now $37,732.90 in debt.
usdebtclock(.)org
He could be …
He could be referring tot he fact that the FED isn’t bound to any rules. They can do whatever they wish to do.
I see the question- …
I see the question-”what if we lose everything”? How the can I lose ANYTHING if EVERYTHING that I have is SOLID? Real things that you can touch, use, and eat? I can’t lose shit. However those STUPID ENOUGH to cash in and keep papers in the bank might be left with just that; a wad of papers. Think about that, people! BUY THINGS, HOMES, WOOD, WOOD, AND LAND. THAT IS WHAT ONE CAN HAVE !
You people are all …
You people are all retarded. So what if the dollar collapses? I got two houses (in Europe) while many people from many countries keep their money in papaer money-dollars, euros, whatever. I keep my money in THINGS; I got my homes, some gold and silver and bricks,wood , land, and all kinds of things GOOD FOR HUMAN LIVING. If EVERY CURRENCY COLLAPSES I HAVE SOME THINGS TO EXCHANGE and land to grow my food on. What do you ahve: 500 000$ cash possibly good to build a fire with .Fuck money
Hey Biggin’s, the …
Hey Biggin’s, the government is NOT living within its means and neither is 75 percent of the U.S. population. You see, vanity and selfish indulgences has undermined most people financially. Now I just hope “selfish indulgences” will lead hot hunks to jump the fence and allow me to perform on them. I just want their penis’ and man soooooooo much!
We live way beyond …
We live way beyond our means, whose we, I’m living within my means, my government is not. Anyone lending money to my government is not helping the average American citizen, they have become predatory lenders. China & others will not get their money back and don’t deserve to. Cut our government off and let them go through what California is going through now, people will wake up and see that Obama is a shill for the bankers.
let’s slap each …
can’t wait for the collapse as it will encourage more studs to jump the fence and get gay with me. i just love stiff penis and man ass!!
let’s slap each others penis’ oh so silly!!
“Will the US Dollar …
“Will the US Dollar collapse?”
Answer: “HAHAHA…NO, I work on wall st.”
Fate has a way of listening for proud statements…
Its going to be dreadful when Americans realize how badly they’ve been betrayed by their government, and by how stupid they have been all these years…
The US dollar is …
The US dollar is already feeling the pressures of a recovering economy(isn’t that ironic hu?)
Right now the US is approaching two options:
Raise interest rates to stop inflation, but this makes the interest on the treasury bonds ALOT more expensive..
Or
Do nothing and watch prices skyrocket(inflation) but makes the debt easier to pay off, until the inflation gets too bad…
There is no easy way out….PAINFUL decisions will be paid, and in the end: Dictatorship will come..
How soon can we get …
How soon can we get the global economic collapse going? Let’s all have a global gay orgy! I love hot gay cock!! The more economically depressed we all are the more we all will enjoy man and stiff penis
True, the countries …
True, the countries that have resources and produce real things will rule the world again. Not the country that just plays around with money.
That wasn’t my …
That wasn’t my intention. I’m sorry for offending you.
They’re all a bunch …
They’re all a bunch of paper shufflers.
That includes Morrocco!
We have all of the OIL, Wood, Water, Gold, Silver, Wheat, Agriculture. As long as we accept your paper money the system will continue to work.
I don’t think you …
I don’t think you have watched this video very well. The Europe are dumb to lend money to USA jus like the Chinese