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/biz/ - Business & Finance

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9404636 No.9404636 [Reply] [Original]

When will the dollar collapse? It's getting late...

>> No.9404662
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9404662

>>9404636
no later than 2020 will it begin

>> No.9404674

>>9404636
Source?

>> No.9404706

>>9404674
Apparently some book called The Money Game

>> No.9404741
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9404741

Soon. We're currently at fight phase I'd say

>> No.9404763

>>9404706
Just did a bit of research and it would go way over my head. Still, I love the writing style

>> No.9404833

>>9404636

what's this from? I love it

>> No.9404861

>>9404833

I did my own research. From Supermoney, same author also wrote The Money Game.

Old book from 1972, seems legit, gonna buy it.

>> No.9404885

What makes you think that the dollar will crash? Interest rates are higher than the euro and US economy is looking quite strong atm

>> No.9404888

>>9404636

when the interest payment on the debt are more than 50% of the budget. Sooooooooo we have ~10 years.

>> No.9404971

>>9404885
What would happen if you bought 1000 tanks and hired 10 000 employees funded by loans/printing money you could never repay?

Yes, the GDP would go up, but I'm sure you would agree that it's not a sustainable model for real growth

>> No.9405002

>>9404885
Read about Weimar Germany and you'll see.
America is also mirroring Weimar socially as well which is strange

>> No.9405046
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9405046

>>9404636
>Tfw you have a very limited time to make it and buy gold that you physically keep before it all collapses
>It could collapse any minute
>You will never know when this will be until it happens
>If it does happen and you haven't made it or still keep your money in fiat you will be a serf peasant scrambling for crumbs of bread for the rest of your life

P-pls sergey

>> No.9405140
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9405140

>>9404888
Nice trips checked and confirmed. And the point about the amount of interest being impossible to repay it is a self-fulfilling prophecy the USD will end it's reign within 10 years (some argue it already has ended it's reign).