How Money Became Worthless

[tsptalk]

Documentary: The End Of The Road: How Money Became Worthless
A look at the global financial crisis and it's impact on money.

This documentary may have been mentioned before, but I don't think a link to it was ever posted. If you have DirecTV or Dish (with an online account) you can watch it online here...

Pivot TV > End of the Road > Pivot Live Streaming and On-Demand Video

 

[Buster]

In Case anyone feels like their money is worthless (I do understand the point of this article)..Please go ahead and forward all of your worthless money to me...PM me for address...Just saying

 

[nnuut]

This is long but I can see that there is a road to the end and we are on it.
When Money Dies: The Nightmare of the

Weimar Collapse
by ADAM FERGUSSON
WILLIAM KIMBER
—
LONDON, 1975

http://thirdparadigm.org/doc/45060880-When-Money-Dies.pdf

 

[tsptalk]

We're not there yet (worthless) but as the documentary says, when currencies collapse, it is usually very quick. Could be overnight - or just a few days.

 

[nnuut]

Is America About To Reach A Breaking Point? Anger Grows As Unemployment Benefits Get Cut

By Michael Snyder, on December 30th, 2013

In America today, there are close to 50 million people living in poverty and there are more than 100 million people that get money from the federal government every month. As the middle class disintegrates, poverty is climbing to unprecedented levels. Even though the stock market has been setting record high after record high, the amount of anger and frustration boiling just under the surface in our nation grows with each passing day. And now extended unemployment benefits have been cut off for 1.3 million unemployed Americans, and it is being projected that a total of 5 million unemployed Americans will lose their benefits by the end of 2014. In addition, as I have written about previously, 47 million Americans recently had their food stamp benefits reduced. The conditions for a "perfect storm" are certainly being created. So how much longer will it be until we see all of this anger and frustration boil over in the streets of our major cities? Is America about to reach a breaking point?

Is America About To Reach A Breaking Point? Anger Grows As Unemployment Benefits Get Cut