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The Day The Dollar Died

Tyler Durden's picture




 

An entertaining, and no holds barred fictional look at what America's post QE4 future may look like.

Released by the NIA.

 

 

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Wed, 11/24/2010 - 16:48 | 753385 putbuyer
putbuyer's picture

Oil surging today

Wed, 11/24/2010 - 16:50 | 753390 romanko
romanko's picture

HARDCORE XXX DISASTER PORN!

Wed, 11/24/2010 - 16:52 | 753395 Rider
Rider's picture

Sweeeet!

Wed, 11/24/2010 - 16:52 | 753396 tlil5774
tlil5774's picture

Gold rallies by hundreds of bucks by the day while stocks crash, suuuuuuure. C'mon guys, maybe time for you guys at the 'NIA' to study up on what happens to equities in hyperinflationary environments, eh?

Wed, 11/24/2010 - 16:56 | 753414 spartan117
spartan117's picture

Agree, but at the end of the video, it does say markets recover with the onset of $1.5 trillion in stimulus. 

Wed, 11/24/2010 - 16:54 | 753402 Mae Kadoodie
Mae Kadoodie's picture

A long, long time ago...I can still remember how QE used to make me smile...

I knew if I had my chance...that I could make Wall Streeters dance...

And may they'd be happy for a while..

But February made me shiver...with every electronic federal reserve note I delivered...

Wed, 11/24/2010 - 16:54 | 753404 1100-TACTICAL-12
1100-TACTICAL-12's picture

& it will take care of that wild turkey problem in the neighaborhoods... anyone drinking yet,I hate to be first...

Wed, 11/24/2010 - 17:54 | 753586 SheepDog-One
SheepDog-One's picture

Wild Turkey 101, indeed!

Wed, 11/24/2010 - 21:48 | 753928 gwar5
gwar5's picture

Oh yes, cheers! Thanks, and Happy Thanksgiving to all ('Bitchez'!) 

Wed, 11/24/2010 - 17:19 | 753409 Threeggg
Threeggg's picture

My question is this...............

How will they possibly re-establish confidence in these markets ?

The retail investor is gone.

The CDO's and CDS's are continuing to build.

Companies can only squeeze their financials maybe another 6 months.

The valuation ratios of stocks is just "Fucking Insane" 

The Munis are in big trouble.

Insiders selling 8100 to 1 ratio.

Housing in the gutter

The Govment is like a "Crack Whore" Living the "High" life while fucking everyone.

But somehow today the market is shitting skittles.

At least some of the cheerleaders on fauxbusiness and CNBC are hot?

I guess that makes everything ok

Have a good Holiday !

Wed, 11/24/2010 - 17:44 | 753559 DaveyJones
DaveyJones's picture

so what are we thankfull for?

Thu, 11/25/2010 - 03:01 | 754270 StychoKiller
StychoKiller's picture

Each day, I pray:  "Lord, deliver us from evil."  So far, the evil has not manifested.

Wed, 11/24/2010 - 17:57 | 753593 SheepDog-One
SheepDog-One's picture

Thats the real problem no one is even mentioning, the markets are destroyed thru blatant fraud and manipulation. No one in their right minds would ever have confidence in it again...they'll have to wait a few generations minimum for that. And by then the only stock will probably be Brawndo, same as Idiocracy which is already here, not 500 years in the future as the movie said.

Wed, 11/24/2010 - 16:56 | 753415 YHWH
YHWH's picture

How many bears just ejaculated themselves watching this video?  It's FAIL.

It's assuming that the administration sees Chinese purchases of treasuries as being more important then getting China to drop the RMB/USD peg.  I think QE2 QE3 or even a QE4 is all about exporting all the inflation it can to China, and forcing China to abandon the peg - with a side benefit of social upheaval, riots, and possible regime change in China.  China is two countries, a somewhat prosperous coastal region, and an vast interior which reguarly faces starvation and which a GNP which rivals an African nation. QE is all about de-stabilizing China... you can bet on that!  Most of the domestic effects are being mitigated by the ongoing credit crunch.  Add a few trillion to the economy, stand by while a few trillion in credit is destroyed elsewhere in the economy (by lettting entities FAIL).  It balances itself out domestically.  Balance it even more by declaring the treasuries held by China Null and Void.  How the hell are they going to force a nation with the largest navy in the world, and the largest nuclear stockpiles in the world, to pay a debt?

As for oil, most of our oil comes from (in order) Canada, Mexico, Saudi Arabia, Venezuela, Nigeria, Angola, Algeria, Colombia, and then Russia. 

Sorry guys... America will still be here.  Our military-industrial complex is far greater than any one President.  You're going to have to live your mundane lives... there won't be any reset that will allow a retired janitor to lead a band of marauders in the apocolypse.

Wed, 11/24/2010 - 17:04 | 753430 faustian bargain
faustian bargain's picture

Sooo...we default on our debt to China? And force the rest of the world to pretend it didn't happen?

BTW our military-industrial complex is running on fumes...supplied by China (and the Fed). How long will that last?

Wed, 11/24/2010 - 17:15 | 753472 YHWH
YHWH's picture

What did the world do when the US confiscated Iranian assets after they took over that embassy? 

And justification?  All China needs to do is hold a few US servicemen hostage like they did a few years ago under the Bush administration.  Remember that incident?  Bush ended up apologizing to China (which only emboldened them).  Or China would have to make a move against a US ally.  Or the US would have to find proof that China was behind any North Korean action.  Or the USA can finally get serious about all the Chinese spying, or Chinese hacking into US databases.  Or they can declare any massive 'dumping' of Treasuries as an economic act of war.  Proof and justification can easily be found for any action.

 

Wed, 11/24/2010 - 18:56 | 753712 faustian bargain
faustian bargain's picture

You're equating Iran with China? The world cares a lot more about what China does than about Iran.

Proof and justification can easily be found for any action.

The Chinese know this tactic as well as everyone else. In case you haven't noticed, much of the world isn't exactly America's biggest fan right now. Something tells me the world might not be so sympathetic to the US position if and when it comes to the issue of sovereign default. Especially if the Chinese can find their own sympathy-generating justification for dumping treasurys.

The US government's empire-building is wearing thin around the world, as well as within the US population.

Wed, 11/24/2010 - 21:45 | 753925 gwar5
gwar5's picture

I don't think China is that into it.  They just want resources to fuel their economy. 

If the dollar crashes oil will be $400/bbl USD, gold very high, but all still be cheap in Yuan. Works for them. No war needed, we just can't pay.

The Military-industrial complex is old school and has been overtaken by the Entitlement-industrial complex, the Media-industrial complex, the Educational-industrial complex, etc.

 

Wed, 11/24/2010 - 23:45 | 754088 doolittlegeorge
doolittlegeorge's picture

did i ever tell you "the story about the story that i never told you about"?  i mean, "i meant to say sorry" and "it was all in good clean fun"..."at first"..."but then...ya' know--a couple of......TRILLION.....kinda....well,....call you're mother.  she'll explain it to ya'....

Thu, 11/25/2010 - 00:24 | 754125 samsara
samsara's picture

All China needs to do is hold a few US servicemen hostage like they did a few years ago under the Bush administration.  Remember that incident?

Yes, a plane was forced down on an island and the crew were later released. The plane was competely dismantled to the frame.

Can't remember if they gave the parts back.

Missile off coast, NK lob a few shells,  a pattern?

 If anything serious happens, Tiawan is gone.

Default might mean that pawn?

Thu, 11/25/2010 - 13:44 | 754660 i-dog
i-dog's picture

"If anything serious happens, Tiawan is gone."

There is no way China will attack Taiwan. Taiwan will eventually be peacefully 'absorbed' (as happened with Hong Kong).

Wed, 11/24/2010 - 17:18 | 753482 YHWH
YHWH's picture

"BTW our military-industrial complex is running on fumes...supplied by China (and the Fed). How long will that last?"

Guns and Butter.  Remember that?  Our political leaders have been generous with both.  If a choice had to be made... it'll be guns. 

Say "bye bye" to Viagra being covered by your Medicare Part B.  LOL.

Wed, 11/24/2010 - 18:02 | 753610 tahoebumsmith
tahoebumsmith's picture

Riddle me this batman...What if they don't raise the debt ceiling once AGAIN to a mere 14.3 TRILLION DOLLARS?  Guess we can issue iou's...Seems to work in California. Oh but we all know they will because America will never default on its debt? And we must keep our AAA rating...LOL  How about just passing a fricken budget, that would be a good place to start.

Wed, 11/24/2010 - 18:19 | 753642 YHWH
YHWH's picture

Now you're asking me things you should be asking your representative in Congress.  I pray to myself that the new batch of Tea Party backed candidates stick to their promises, and don't raise that debt ceiling.

Thu, 11/25/2010 - 02:06 | 754231 Arkadaba
Arkadaba's picture

Question Yahweh - gods don't normally pray do they? Can't you just lift your arm and fix this?

Thu, 11/25/2010 - 03:18 | 754278 StychoKiller
StychoKiller's picture

# Republicons + # Decepticrats > # Tea Partiers

The best we can hope for is gridlock -- and filibusters, lots of filibusters.

Wed, 11/24/2010 - 19:01 | 753718 faustian bargain
faustian bargain's picture

So, even getting rid of Medicare - how do we fund a larger military? Even assuming we keep the same level of deficit spending and debt growth (which is suicidal), the military could only grow maybe twice its size. What is the current doubling rate of military spending...10 years? We won't even last that long with the current debt growth.

The military can't grow any more, and eventually will start shrinking. With unsustainable debt expansion, that shrinking could turn into a cliff dive at some unpredictable moment.

Thu, 11/25/2010 - 03:21 | 754279 StychoKiller
StychoKiller's picture

It's gonna be awhile before any other nation can challenge the US Military, when then the necessity for growth?

Wed, 11/24/2010 - 17:04 | 753432 Dr. No
Dr. No's picture

"Do you know what I did before the war? Do you think I was in the army? I sold copying machines. I was a salesman. The talent to lead men and devise and execute a battle plan were locked away inside me." - Bethlehem

Wed, 11/24/2010 - 17:09 | 753442 YHWH
YHWH's picture

That was actually one of the only enjoyable movies that Costner was in... it's a blast to watch after smoking a fattie. 

Wed, 11/24/2010 - 17:11 | 753456 Dr. No
Dr. No's picture

Personally, I am a "Waterworld" fan.

Wed, 11/24/2010 - 17:22 | 753492 tmosley
tmosley's picture

I enjoyed Waterworld as well.  

When I watch it now after learning about economics, I wonder to myself why the smokers didn't use any of their resources to become more productive?  They had that huge deck, they could have grown a huge orchard on it, etc.  People never seem to realize that people will economize their behavior naturally as resources become scarce.  "Waterworld", in reality, would have become a series of floating islands complete with all manner of agriculture.  The source of power would have primarily been fish, and the primary engines living human bodies, but so what?  Better than resigning yourself to extinction.  A fate many here seem to feel is inevitable, despite countless examples to the contrary.

Wed, 11/24/2010 - 17:34 | 753526 YHWH
YHWH's picture

I didn't really get Waterworld the first time, but I'll give it another shot.

Wed, 11/24/2010 - 17:36 | 753534 Dr. No
Dr. No's picture

Better keep the fattie handy.

Wed, 11/24/2010 - 17:35 | 753532 Dr. No
Dr. No's picture

No offense taken on the "junk" Waterworld is not for everyone.  It got panned pretty bad.

Wed, 11/24/2010 - 17:17 | 753479 tmosley
tmosley's picture

Where do you think all that inflation is going to go once the Chinese aren't buying it any more?

HINT: It's denominated in US dollars.

The "plan" you describe is like a drowning man being thrown a line from a ship, and him punching holes in the ships hole as he is pulled up.  It's not a problem for him, because they are lifting him up as fast as the ship is sinking.  Until he's standing on the deck, thigh deep in water.  

Wed, 11/24/2010 - 18:12 | 753449 DisparityFlux
DisparityFlux's picture

And now for something completely different ...

http://www.care2.com/send/card/6534

You may trade on the above information provided by an inside consultant, or rely on publicly disseminated information ...

http://www.businessinsider.com/thanksgiving-turkey-industry-2010-11#

Wed, 11/24/2010 - 17:14 | 753466 Zerohedge fan
Zerohedge fan's picture

been there, went through that.

 

 

....this time I own silver

good luck

http://www.youtube.com/watch?v=HqcbgSpHMFs

Thu, 11/25/2010 - 17:11 | 755079 velobabe
velobabe's picture

don't you have any more ORIGINAL work, to link to?

Wed, 11/24/2010 - 17:23 | 753496 E_pluribus_unum
E_pluribus_unum's picture

Thu, 11/25/2010 - 13:43 | 753525 One_Eyed_Pony
One_Eyed_Pony's picture

He He... I wrote about "The Day The Dollar Died" back in 1988!  Oh the good ole days when it took 240-250 Yen to a greenback.

The Money Masters just ain't gonna play fair and the system will be rigged to preserve the puppeteers at the all the money firms and the puppets in their Ivory/Granite/Marble towers inside the DC beltway.

Everything is planned for a pupose with politics and money... grab your piece of pie before the peasants squabble for the last crumbs.

Ruthless and completely Immoral are the 2 Fascist-Corporatist Master Groups!

Wed, 11/24/2010 - 17:49 | 753573 Testicular Cancer
Testicular Cancer's picture

I agree with the sequence but not the pace. I think this process will take days, maybe 2 weeks. Markets dont respond this fast. Certainly not the fed gov.

Wed, 11/24/2010 - 17:51 | 753578 arkady
arkady's picture

An event that is predicated entirely on the assumption that Bernanke will somehow print his way out of our current debt deflation which currently stands at 50+ trillion.

 

At the rate our debt is contracting he would have to do a whole ton of printing. 

 

This video and the people who made this are also ignoring that our dollar will be stronger relative to the Euro and will still be considered a backup currency.  Will gold be a good investment?  Probably.  But with China's insane inflation and Europe on the bring of dissolve, the idea that suddenly the dollar will plunge and/or Bernanke will continue printing is just random guesswork.  

This video is propaganda and lacks any intellectual thought.  Then again these are the same people who have been pushing this nonsense for a while trying to sell PMs.  So yeah.

Wed, 11/24/2010 - 20:15 | 753816 Fraud-Esq
Fraud-Esq's picture

a-gree.

I'd like to ask this genius to answer: how there wasn't serious inflation in the 90's thru 00's with the biggest PRIVATE PRINTING PRESS of all time, but suddenly there will be when the leverage tower crashes. Greenspan robbed the nation of productivity gains and price pressure, printed right into the wind and all the money went to the temple's guards. Greenspan basically diverted the "internet gains" to the temple. Free trade and WTO being a pillar of total leakage. The stock market is now in the final stage of detaching itself from the "American economy". This makes hyperinflation or even non-FIRE inflation far, far less likely.  

I will front-run their promotions and store a little PM, mostly as a hedge against war and confidence, however!  

Wed, 11/24/2010 - 22:29 | 753994 arkady
arkady's picture

Indeed, having some PM is a good idea as a hedge, but Weimar style hyperinflation is the least likely of all scenarios.  Oddly enough, most of the extremely intelligent Austrian economists seem to be favoring hyperinflation too.  I subscribe to that school of thought and my entire bookshelf is filled with Hayek, Mises, Rothbard, etc but I simply do not and cannot understand this hyperinflation argument.  

Thu, 11/25/2010 - 01:16 | 754177 Fraud-Esq
Fraud-Esq's picture

Dare I say the Austrian school has become politicized lately? 

You know better than I. I think it's fine reading that applies equally which is maybe part of the problem. Maybe it doesn't take into consideration powers and leverages of currency hegemony, energy control, counter-trade dealing between nations?? You know better than I. 

I could see bi-inflation or segmented inflation in some commodities, but it must come from demand and not supply of dollars. Otherwise, all I see is deflation everywhere around me, in real time, on all substantial assets. There will be more as property turns over and people accept that things are worth less. Some people are in denial over asset values which probably props things up a bit.   

Wed, 11/24/2010 - 17:57 | 753592 Testicular Cancer
Testicular Cancer's picture

Ummh, I would not accept Euros for oil, would you?

Wed, 11/24/2010 - 18:02 | 753613 SheepDog-One
SheepDog-One's picture

The march of the '99ers', as millions fall off unemployment bennies...theyll find no food stamp availability either.

Thu, 11/25/2010 - 03:27 | 754282 StychoKiller
StychoKiller's picture

6 more days till Nov. 30th, Merry XMas, 99'ers!

Wed, 11/24/2010 - 18:05 | 753622 SheepDog-One
SheepDog-One's picture

BTW, 'big deal' on todays 'spectacular rally'...of course theyre going to go all-out to pump for retail shopping good feelings. And in the end it only barely clawed back yesterdays drop.

Wed, 11/24/2010 - 19:50 | 753795 Cdad
Cdad's picture

Very much the way tops are marked. 

Here is the curious part...wtf is with the VIX?  Seems to me things are pretty damn volitile these last couple weeks.

Naked short selling VIX to match naked short selling of silver?

Wed, 11/24/2010 - 18:07 | 753625 tsx500
tsx500's picture

....  and a  very happy  Thanksgiving to you too, Tyler ! !   lol

Wed, 11/24/2010 - 18:45 | 753690 nwskii
nwskii's picture

Pump and dump? How in  the hell does NIA pump and dump SLV? LOL there is no way they have that kind of cash or clout. Further more who really cares if they (allegedly) did a pump and dump on a penny stock? We should be focusing on the biggest dumper of all time JPM. Dumper, meaning the naked shorting of Silver

Wed, 11/24/2010 - 18:49 | 753700 Gloomy
Wed, 11/24/2010 - 18:55 | 753709 Kyron95131
Wed, 11/24/2010 - 20:01 | 753810 Reese Bobby
Reese Bobby's picture

I really dislike kooks like you.  The world is crooked and unfair.  People are greedy and insensitive.  But you give humanity way too much credit with your dumb conspiracy theories.  We couldn't even keep Bush #1 from puking on the Japanese...

No, what this country lacks is BALLS.  There will never be another country that squanders moral authority and complete military dominance like the U.S.  All becasue a spoiled generation of Americans had well-to-do parents and smoked a lot of dope.  It is the very lack of any "Order" that created this mess.  Our founding fathers did not see to prepare for the U.S. being run by a spolied bunch of pussies with no moral compass.

Bush-Clinton-Bush-Obama...what a fuckin disgrace.  The savages of this world used to know we were the baddest and craziest bunch of bad asses on this planet who you fuck'd with at your extreme peril.  Now we have a 4-foot Korean midget pushing us around; and a mid-life-crisis russian fuck'r as well.

I say surface a half dozen nuclear subs, open the ICBM hatches and ask 'em who wants "to play."

Now I'm ready for the white wine drinking pussies on this yacking site to express their horror!  Oh, you brute!  The U.N. won't be happy about this! Blah, blah, blah...

 

Wed, 11/24/2010 - 22:21 | 753980 oddjob
oddjob's picture

Give THC a chance.

Thu, 11/25/2010 - 15:00 | 754902 Reese Bobby
Reese Bobby's picture

Hey, I'm obviously a Libertarian.  If you want to treat life like one long college dorm that is fine.  But some men need to man-up and kick some ass.  You can hold hands with sand n***gers and bow to every evil fuk'er on the planet, but the only thing they will ever understand is disturbing brute force. 

Wed, 11/24/2010 - 23:48 | 754093 doolittlegeorge
doolittlegeorge's picture

"i had well to do parents and smoked dope.  and now i'm going to kill you."  Feel better?

Thu, 11/25/2010 - 14:46 | 754875 Reese Bobby
Reese Bobby's picture

I'd be amused it you tried.  I don't love you like you like that little whore you called Mom.

Thu, 11/25/2010 - 02:00 | 754228 snowball777
snowball777's picture

You go, Rambo...we're right behind you....really.

Why aren't you going?

Thu, 11/25/2010 - 14:52 | 754885 Reese Bobby
Reese Bobby's picture

I rest my case...

Thu, 11/25/2010 - 03:30 | 754285 StychoKiller
StychoKiller's picture

Most here would agree with you!  If I gave you a sniper rifle and a list, would YOU take out the bad guys?

Thu, 11/25/2010 - 14:51 | 754882 Reese Bobby
Reese Bobby's picture

I have sniper rifles.  But I'd need a little commitment from "my" government before I would use them on your behalf...

Wed, 11/24/2010 - 19:34 | 753753 Fraud-Esq
Fraud-Esq's picture

FEAR! 

with a goal. 

D

Wed, 11/24/2010 - 19:44 | 753783 Fraud-Esq
Fraud-Esq's picture

OPEC accepts Euros, not dollars? LMAO.

Does he have any idea how the world works? ANY? 

Missing in video: US military hegemony.

(We're also doing a massive striker jet deal with Saudi Arabia right now).

It's as if, for a moment, we're just like Greece but also... running the world on a client-state basis?

Paradox. 

This paradox is always left untouched and unexplained. That's like lying, IMHO.

All in good fun...

 

Wed, 11/24/2010 - 20:16 | 753828 His Dudeness
His Dudeness's picture

December 19, 2012....

FROM 8AM - 8PM EST....

.....

7:30PM

The United States

"The sun sets on America..."

On December 19th of any year EST sunset is at 4:30PM!!!

Hey, you could look it up!!!

Wed, 11/24/2010 - 23:55 | 754100 saulysw
saulysw's picture

... and for this you win the "Pedant Award" for this thread! Well done!

Thu, 11/25/2010 - 07:36 | 754397 Cognitive Dissonance
Cognitive Dissonance's picture

If you were on the East Coast and were talking about the sun setting on the continental USA, it would be 7:30 PM EST when the sun set on California/WA/OR. Since the film is using EST, you wouldn't quickly switch to west coast time. You would stay within the EST meme.

Thus the sun sets on (continental) America at 7:30 EST.

Wed, 11/24/2010 - 20:24 | 753835 greenewave
greenewave's picture

Find out how you can fight back against the Wall Street Crooks that just robbed you and watch the video “BIG WAVE AHEAD” with the people you care about (http://youtu.be/zfRIZYbKUCI).

Anonymous-

Thank you for this inspirational video!! We need more people like you helping to spread the truth!

Wed, 11/24/2010 - 20:35 | 753850 Reese Bobby
Reese Bobby's picture

Prepare yourself for inflation!  Subscribe to the newsletter these metro-sexuals publish. Quick!  For $99.99 a year they'll tell you to have a place outside a major metro-area with some food and strike-anywhere matches! And don't forget to buy exchange traded commodity plays the day the financial system collapses...that will work out really well.  Get a job you snake oil sales-turds...

Wed, 11/24/2010 - 20:52 | 753866 High Plains Drifter
High Plains Drifter's picture

Tom Delay just got convicted of money laundering charges, the traitorous piece of human debree. I hope they put him in federal prison and he rots for the rest of his sorry life.

Wed, 11/24/2010 - 21:27 | 753892 Fraud-Esq
Fraud-Esq's picture

Yes and..

They will attack the process, the prosecutor, but won't mention the jury. 

If more cases were allowed to a jury (instead of being dismissed by judges applying statutes passed by the corporate/banking-protecting legislatures), we'd have a healthy country and the banks would have never got this far. 

People never believe me when I say it's that easy, but it is. If banks and frauds had the fear of meeting the neighbors of all their victims, their incentives to steal would evaporate overnight.

Washington DC has evolved into a place that divides moneyed interests from oversight by ANYONE, except those that get their contributions. 

Wed, 11/24/2010 - 21:39 | 753911 High Plains Drifter
High Plains Drifter's picture

No wonder he resigned back when. It would be nice to take his pension away as part of the punishment.

Wed, 11/24/2010 - 22:17 | 753973 Fraud-Esq
Fraud-Esq's picture

he had to see it coming. 

his only chance was jury nullification (liking him) which is prob why he went on Dancing with the Stars.

His lawyer probably said: 'Tom, whatever it takes....' 

Wed, 11/24/2010 - 22:24 | 753987 High Plains Drifter
High Plains Drifter's picture

A termite man from Houston, becomes the most powerful man in congress and sells his soul cheaply.  What a  story. What a waste. Is he about the best we can do?  The hammer my ass. I hope they give him a 300 pound black celli.

Wed, 11/24/2010 - 21:18 | 753884 gwar5
gwar5's picture

I agree, except the Mayan Calendar says doomsday would be on December 21st, 2012.

I think the Fed is gradually declining the dollar now to avoid a crash scenario

But the exits will still get stampeded at some point. The end result will be the same.

The MSM is owned by the Fed, and willfully avoiding the subject.  Stay tuned to ZH.

 

Wed, 11/24/2010 - 21:35 | 753902 nmewn
nmewn's picture

Whup...glad I kept going gwar5.

"I agree, except the Mayan Calendar says doomsday would be on December 21st, 2012."

It would appear the "scientific consensus" is wrong...yet again...LOL.

"According to recent research, the mythological date of the "end of days" may be off by 50 to 100 years.

To convert the ancient Mayan calendar to the Gregorian (or modern) calendar, scholars use a numerical value (called the GMT). But Gerardo Aldana, a professor at the University of California, Santa Barbara, says the data supporting the widely-adopted conversion factor may be invalid."

http://abcnews.go.com/Technology/mayan-calendars-2012-doomsday-prophecy-wrong/story?id=11926347

Personally, I've always had a bit of a problem with a futuristic prediction from a culture who could not predict their own demise...but that's just me ;-)

Thu, 11/25/2010 - 00:01 | 754109 saulysw
saulysw's picture

Reminds me of this...

http://www.cartoonstock.com/lowres/amc0657l.jpg

ps. What have you got to do to get image posting rights around here?

Thu, 11/25/2010 - 14:15 | 754811 RockyRacoon
RockyRacoon's picture

ps. What have you got to do to get image posting rights around here?

You must be kidding...  Can you imagine all the crap .jpgs that would show up?

Robot's nekkid wimmin are about all I can take on a good day.

You would have to add content (write and submit an article and have it posted) in order to be able to post images.   Give it a try:  Create content

Thu, 11/25/2010 - 03:34 | 754289 StychoKiller
StychoKiller's picture

Actually 12/21/2012 is just the end of the Mayan long count, paranoia supplies the doom.

Wed, 11/24/2010 - 21:39 | 753916 Elvis Lives
Elvis Lives's picture

Death by deflation, debt crash,  Only part of the dollar that survives is "Physical"

Fed will only maintain limited physical cash in the system, dollar will be king in the end but too few will have much in their pockets, system fail, system reboot.

Wed, 11/24/2010 - 21:44 | 753923 Atomizer
Atomizer's picture

Tyler & Co.

 

LONDON Nov 24 (Reuters) - December Bund futures hit a session low on Wednesday, reversing all of the previous day's gains.

 

Bund futures fell as low as 127.78, down over a full point on the day, while cash yields DE10YT=TWEB were almost 10 basis points higher at 2.648 percent.

 

"Yesterday was a very strong reaction and today we are getting a little bit of relief, partly helped by some of the U.S. and European data we're getting and partly by the fiscal consolidation that we're seeing from Ireland," a trader said.

http://www.reuters.com/article/idUSLDE6AN1QK20101124

Soul Coughing - Super Bon (Bunds) Bon (Bunds)>>(B-Side)

http://www.youtube.com/watch?v=eNixY6gCpEU

My strikeout of Bon doesn't work. Anyhow, Happy Thanksgiving to all ZH posters.

Marla, can you strike up the link you did on Halloween?

I didn't watch this video. Back in July 2008, Sam Mathid wrote an article which was transformed into a video. Enjoy the links.

Party Games:

http://www.24hgold.com/english/contributor.aspx?contributor=Sam%20Mathid&article=1377621848G10020

Video: Death of the Dollar

http://www.youtube.com/watch?gl=US&hl=uk&v=vRG4ezOdoI0

 

Wed, 11/24/2010 - 21:49 | 753929 10044
10044's picture

CAN'T WAIT!!

Wed, 11/24/2010 - 21:52 | 753933 essence
essence's picture

The video lost me when the stated Chinese reason for stopping their buying
of treasuries was something to the effect of ....
"excessive american entitlement programs".

 

HaHaHa ...

so it's not the multi-trillion big bank bailout (blood sucking from main st to wall st)
that sets off the chinese, nor is it american imperialism (with their 800 worldwide military bases, their constant war mongering based on lies, nor endless support of a militant israel, nor the US the military/industrial complex along with the 80 some spy agencies (80 billion USD wasted each year), nor the costly pervert gropers of the tsa and their former head (micheal jerkoff) cashing in on his connections in selling expensive pork to the gov.

No, apparently none of that turned off the chinese.

According to the NIA,  it's Social Security that causes the
Chinese to dump tresuries. What a load of crap.

Who is funding the NIA?
Is it that (must be on his death bed by now) hoary old man
Pete Peterson..with is billion dollar foundation (funded by his crony capitalism years
in wall st). Perhaps the koch brothers.

Whatever/whoever.

NIA ..with one simple line in their video..... gave themselves and
any crediability they might have had --- away.

 

 

 

Wed, 11/24/2010 - 21:56 | 753941 nmewn
nmewn's picture

Disposable income waning again?...$10,000 & above is being killed softly...apologies to Roberta Flack;

http://money.cnn.com/2010/11/24/pf/taxes/making_work_pay/index.htm?hpt=T2

 

 

Wed, 11/24/2010 - 21:58 | 753945 SipOnSodapop
SipOnSodapop's picture

Sometimes i feel as though Bernanke Ben wants the dollar to be lower to increase exports

Thu, 11/25/2010 - 00:21 | 754129 digalert
digalert's picture

This is the grand plan. One world government, one world bank.

Thu, 11/25/2010 - 08:30 | 754430 Slartibartfast
Slartibartfast's picture

The deal would have to be pretty sweet for China, Russia and the BRIC, otherwise why would they be interested? They have more control over the situation now (and more everyday). Not alot of incentive to bail out the west when they've got tons of leverage.

Thu, 11/25/2010 - 03:37 | 754291 StychoKiller
StychoKiller's picture

Yet, QE2 begins and the dollar index rises, por que??

Wed, 11/24/2010 - 22:31 | 753999 Atomizer
Atomizer's picture

Apparently some missed the morning news.

China-Russia currency agreement further threatens U.S. dollar

http://www.ibtimes.com/articles/85424/20101124/china-russia-drop-dollar.htm

Don't fall for the TV threat. USA can re-coin its currency. The central banker middle man will be cut out.

Don't fear your local or worldly news outlets scaring you over new diversions. They fear you. Can't you see the ramped escalation of programmed fear. The BANKS ARE SHITTING BRICKS.

Lastly, Central Bankers are no different than a broker collecting a fee. Time to cut out the middleman.

Wed, 11/24/2010 - 23:37 | 754074 Segestan
Segestan's picture

Think the dead dollar was scary??  Just wait until the Third worlder and commie discover the ugly truth... the mother Ship Liberal can't print and put them on a dream flight?

 

Oh the horror.

Thu, 11/25/2010 - 00:35 | 754142 sgorem
sgorem's picture

Great video. Take it or leave it. I didn't read, or sign up for any mailing lists, or "penny stocks". The FUCKING POINT is that why worry about getting your fat asses screwed by shit for brains penny stocks WHEN YOUR WHOREMONGERING GOVERNMENT IS RAPING THE FUCK OUT OF YOU, YOUR FAMILY, AND EVERY LIVING SOUL YOU KNOW! again, morons................................................................

Thu, 11/25/2010 - 00:47 | 754150 SustainablePower
SustainablePower's picture

This blovel is an interesting take on the same subject...

The Day the Dollar Died by John Galt.

The guy wrote this series of posts one year ago and it was some of the most compelling reading I've ever done.

 

http://johngaltfla.com/blog3/2009/11/18/the-day-the-dollar-died-a-blovel-entire-series-single-thread-not-edited-for-content-yet/

Thu, 11/25/2010 - 02:06 | 754232 snowball777
snowball777's picture

FYI, he's a regular ZH poster and that piece was reprinted here as a contrib.

Thu, 11/25/2010 - 01:17 | 754163 Fraud-Esq
Fraud-Esq's picture

Looks like John Paulson dumped about 2M shares of LNG on Friday for a cool profit. 

natural gas. 10% owner. so who here took the other side?

Thu, 11/25/2010 - 01:01 | 754164 InfinityZero
InfinityZero's picture

All gold will be confiscated. And america will enter into civil war.

Thu, 11/25/2010 - 07:14 | 754386 honestann
honestann's picture

Well, let's hope the second part of your post is correct.  However, I suspect any "war" will be more similar to the revolutionary war than the civil war, except for the fact it occurs within the boundaries of the USSA.  This time, the war is [liberty-minded] people versus the predators (government, mega-corporations, elitists).

Thu, 11/25/2010 - 01:33 | 754201 Praetorian Guard
Praetorian Guard's picture

I believe a lot has to do with the fact that China and Russia are shit canning it. I find it completely hilarious that China and Russia are deciding it is time to move on and focus on their own currencies. Soon we will be wiping our asses with money. Yet, it really makes me wonder about the roll of silver and gold. I know for a fact that the gov't has contingencies in place that will once again not only ban, but make PM's worthless. Very sad day for humanity...

I thought that this was a nice article that indicated the collapse of the US dollar as the worlds reserve currency:

https://www.gunsgrubandgold.com/forum/viewtopic.php?f=1&t=1878

 

 

 

Thu, 11/25/2010 - 11:24 | 754530 i-dog
i-dog's picture

"I know for a fact that the gov't has contingencies in place that will once again not only ban, but make PM's worthless."

All indications are that you are correct. An electronic currency will achieve that ... but only within the US, the EU, and other developed nations subjected to martial law, where the infrastructure exists to mandate that all transactions be by smart card rather than cash.

Elsewhere, however, the PMs will retain their value and original purpose. The oligarchs and their courtiers (the bankers and the wealthy), in their 'Galt's Gulch' world, will certainly still cherish PMs and trade between each other with them (or a PM-backed currency) and there will also be leakage between a black market and their world.

Thu, 11/25/2010 - 01:38 | 754209 KillerCoke
KillerCoke's picture

I think the concept started here:

http://www.youtube.com/watch?v=4PIrrcRkbVY

Thu, 11/25/2010 - 01:39 | 754211 KillerCoke
KillerCoke's picture

I think the concept started here:

http://www.youtube.com/watch?v=4PIrrcRkbVY

Thu, 11/25/2010 - 02:03 | 754226 palmereldritch
palmereldritch's picture

Given the presentation's probable and logical alarmist outline for a worst case scenario unfolding immediately and with sudden demise I would be remiss if I did not posit considering a slower manageable infectious disease case study scenario if one compares and looks for metaphorical value in treating the dollar as the retrovirus AIDS.

[Translation: Prolonged Deflation treated by IMF/FED medicine which manages the disease but ensures both patient and infectious agent survives...assuming that the infection rates achieves high enough population penetration to support this 'patient management']

Disclaimer: Scenario assumes that human trafficking victim will accept disease as a product of easing medicine to avoid the reality of being shot in the head if she does not accept rape-for-hire enslavement terms as dictated by said IMF/FED pimpsters.

 

Thu, 11/25/2010 - 08:23 | 754426 i-dog
i-dog's picture

I think you are mistakenly still working from within a paradigm that assumes the central banks and national treasuries are actually trying to revive the economies. That no longer applies and there is no evidence that it applies. All of their actions are consistent with extend-and-pretend for just another few months, then a deliberate crash and social lockdown to strangle dissent.

Thu, 11/25/2010 - 08:44 | 754444 palmereldritch
palmereldritch's picture

I'm working within the premise that the USD is a virus (electronic or otherwise) and that those administering it will use an approach that will maximize death, destruction, control and profits for as long as possible.

They want the patients dying slowly in their hospital beds not thrashing around like too many bothersome zombies.  It has to be within their realm of control: tranquilize and then euthanize.

Thu, 11/25/2010 - 02:39 | 754254 Quantum Noise
Quantum Noise's picture

Happy Thanksgiving, bitchez!

Thu, 11/25/2010 - 02:43 | 754260 huckman
huckman's picture

inflation.us can bite me.  Probably some smart ass clueless collage kids pieced that video together.  Glass Steagall's around the corner.  Write off $5 trillion and call it a day. 

Thu, 11/25/2010 - 07:18 | 754392 honestann
honestann's picture

Wow!  Now that's an optimist for you.

Thu, 11/25/2010 - 02:59 | 754266 bigredmachine
bigredmachine's picture

Wtf? get real.

 

Thu, 11/25/2010 - 02:59 | 754268 bigredmachine
bigredmachine's picture

Wtf? get real.

 

Thu, 11/25/2010 - 04:13 | 754304 Arkadaba
Arkadaba's picture

*

Thu, 11/25/2010 - 04:39 | 754315 Dave Thomas
Dave Thomas's picture

I like how it's fictional, yet garners the most posts.

Thu, 11/25/2010 - 07:10 | 754384 honestann
honestann's picture

Of course, nobody knows exactly how events will unfold, since they are caused by terminally corrupt predators-that-be to further their own agendas, with zero concern for regular folks or the world economy.  Nonetheless, the video is reasonably plausible.

The question is, what comes next?

Are the predators-that-be who caused the crisis left in charge to take advantage of the carnage they caused, or are they swept away by liberty-minded individuals who finally decide to act?

Thu, 11/25/2010 - 08:26 | 754428 Slartibartfast
Slartibartfast's picture

Alarmist junk.

They revealed their hand by a) attacking George Soros (in Canada) and b) suggesting China telling the US to bring its 'entitlements' under control.

The largest ongoing US entitlement programme remains defense spending, but I bet they didn't mean that. They want seniors tossed out on the street by dissolving, I mean 'reforming', social security.

Thu, 11/25/2010 - 08:33 | 754433 ashtray
ashtray's picture

excellent video, solves the purpose of warning & preparing for hyperinflation

Thu, 11/25/2010 - 08:39 | 754439 huggy_in_london
huggy_in_london's picture

This is stupid, and actually irresponsible to promote fear.  Go back to your sci-fi movies....

Thu, 11/25/2010 - 11:10 | 754529 swissinv
swissinv's picture

hey tyler, missing your smart news today -> turkey bitchez

Thu, 11/25/2010 - 11:47 | 754579 kiloton
kiloton's picture

This really takes 'talking your book' to a whole new level.  Fictionalizing your book into a low-budget screenplay...?

Thu, 11/25/2010 - 12:04 | 754613 Steak
Steak's picture

congratulations, you've gone thru almost 400 comments and now you're here...relax, stay a while :)

down the boulevard (a recycled playlist):

http://www.youtube.com/view_play_list?p=D99EC6935E5AF32A

Thu, 11/25/2010 - 17:19 | 755084 velobabe
velobabe's picture

steaky, i saw you dancin' in the video RODEO SONG.

your too frickin cute, doing the boogey woogey.

the song is great. the guy creamin',  his milk. i think.

Thu, 11/25/2010 - 12:27 | 754650 downrodeo
Thu, 11/25/2010 - 13:23 | 754736 Smiley
Smiley's picture

I found a really reputable inevestment adiviser, I think this dude really has the current market situation figured out.

 

http://www.youtube.com/watch?v=qsMc-IswG3w&feature=player_embedded

 

 

Thu, 11/25/2010 - 13:33 | 754756 linrom
linrom's picture

December 15, 2012(Chinawire)

Dagong Global Credit Rating Co  painted a revolutionary picture of China's creditworthiness giving much greater weight to "wealth shoring capacity" than foreign reserves like Fitch, Standard & Poor's, or Moody's.

China falls to AA-, while US was upgraded to AA+ after US failed to repay scheduled notes due on December 10, 2012. "This puts US in a much stronger position", spokeman for Dagong stated.

Thu, 11/25/2010 - 13:48 | 754785 One_Eyed_Pony
One_Eyed_Pony's picture

Yipee!

 

The Greenback is the fastest Horse in the Glue Factory.

We need to make TBTF into United One Borg Bank... oh we already have that, it's called, The FEDERAL RESERVE!

Thu, 11/25/2010 - 19:50 | 755200 saulysw
saulysw's picture

One assumes that accepting Oil for Yuan would only be done once the PEG to USD is removed? As it stands, one is a proxy for the other.

FOFOA had an interesting idea that if the Arabs set a conversion rate of 1 ounce of gold for 1000 barrels of oil, this would initially seem cheap, but would in effect instantly revalue gold. Note that this was written a while ago, when gold was $300/oz and oil $10/barrel (you wish!)

Let's say the Saudi's have been accumulating gold through the back door ( approx. 5,000 tonnes ) . They sell say 20 Mln Bbl oil a day. Close enough. At one ounce of gold per thousand Bbl oil that's 10,000 ounces of physical gold per day. That's a lot of physical gold.

The first few moments after the Saudi's proposal to trade oil for gold at a very steep discount of 1000 Bbl/oz ( approx. 1.5% of current US$ price ) there would be
roars of laughter. One fast thinker after another would think "Hey. I buy some gold at $300/oz, trade for oil to receive 1 Mln Bbl, then sell the 1 Mln Bbl for US$ 10 Mln. Net profit is

$10,000,000-$300,000=$9,700,000. Easy money.

Everyone at once turns to the gold market to buy, which promptly shuts down. Now no one is laughing. Because everyone realizes that gold is now worth at least $10,000 per ounce and no one is prepared for that revaluation. Whoever has gold now has 66.67 times the purchasing power in that stockpile. What appeared to be a stupid offer has now become a complete revaluation of all gold stockpiles vs all currencies.

See Further here.

Thu, 11/25/2010 - 21:53 | 755290 Grand Supercycle
Grand Supercycle's picture

My long term indicators continue to warn of serious weakness for the EURO and strength for the Dollar.

http://stockmarket618.wordpress.com

Do NOT follow this link or you will be banned from the site!