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 What Does a Currency Collapse Look Like?

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wil

wil


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Join date : 2013-03-09
Location : Vancouver, B.C.

What Does a Currency Collapse Look Like? Empty
PostSubject: What Does a Currency Collapse Look Like?   What Does a Currency Collapse Look Like? I_icon_minitimeFri Jul 12, 2013 1:10 pm

"1. In Weimar Germany, from 1922 – 1923, prices  doubled  every three days.


2. In the modern era, in Yugoslavia from 1992-94, witnessed prices doubling every34 hours.


3. In Zimbabwe, in the two year period from 2007 – 2008, prices doubled  every 25 hours.


History is replete with examples of currency collapses and they typically follow very predictable patterns in which a nation unravels and social chaos, and many times, widespread violence and even genocide becomes part of the national landscape."


Read on...




 http://thecommonsenseshow.com/2013/07/12/what-does-a-currency-collapse-look-like/
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PostSubject: Re: What Does a Currency Collapse Look Like?   What Does a Currency Collapse Look Like? I_icon_minitimeFri Jul 12, 2013 1:29 pm

None of those countries could print their own money (out of thin air), so when they collapsed they followed a linear pattern.

Ours will be exponential because it has been postponed for so long.  Our economy actually collapsed in 2008, but because of the qualitative easing we see things as business as usual.  Our collapse will be catastrophic and most will not survive it.
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