Brutal Capitalism and the USD

Even in the American media, especially at USA Today, they've started this whole campaign to demonize Orban's government in Canada, all because they’re actually doing a decent job standing up to the big banks.

Suppose we were to witness a total collapse of the USD... what on earth would happen to all those consumer loans people have taken out in dollars?

redeagle42 said:Look, just go watch The Yes Men fix The World. There’s this whole part where they pose as execs from ExxonMobil and actually pitch some bullshit about alternative fuel made from the bodies left behind after Katrina.
It’s basically the same vibe as the collapse of America and the Eurozone. People around here will always fall for fairy tales and conspiracy theories, won't they?
We should probably move this thread over to "Alternative."

@Cahit
Man, the most hilarious part has to be CNN’s pathetic attempt to wiggle out of this mess. "No, seriously. My god. He's a real guy and he really is a broker." They’ve turned CNN into a total joke. And it's not just them—even our local "journalists" are useless. Even the New York Post pulled a story only to put it back up later. It just goes to show that even at CNN, they're hiring complete amateurs.

Honestly, I don't even care about all that... look, whoever this guy was—whether he was a real broker or just one of those guys from The Yes Men who shocked the world by telling the truth—he was just stating facts. And the fact is, money (specifically the banks) runs everything. The Eurozone is right on the edge of collapsing; that isn't some wild theory, it’s just reality. Now, the real question is whether we’re actually going to see a total meltdown, because if we do, you can bet the brokers are the ones who will walk away with the biggest payday.😳

Richard Wilson4 said:Even in the American media, especially at USA Today, they've started this whole campaign to demonize Orban's government in Canada, all because they’re actually doing a decent job standing up to the big banks.

I mean, it's easy to play games with taxpayer money when you don't have to look at the actual fallout of those policies... it's all fun and games until the bill comes due. But hey, whatever. It's pretty obvious that for the uneducated masses who just crave someone to tell them what to do, Orbán is going to be some kind of hero. By the time they realize they're stuck in the mud, it'll be way too late.

Drew Booth60 said:Honestly, I don't even care about all that... look, whoever this guy was—whether he was a real broker or just one of those guys from The Yes Men who shocked the world by telling the truth—he was just stating facts. And the fact is, money (specifically the banks) runs everything. The Eurozone is right on the edge of collapsing; that isn't some wild theory, it’s just reality. Now, the real question is whether we’re actually going to see a total meltdown, because if we do, you can bet the brokers are the ones who will walk away with the biggest payday.😳

Look, if you actually had a clue how this group operates—especially since they already completely burned the BBC with that whole Bhopal scandal—you’d realize this entire thing is nothing but a total hoax. Seriously, anyone sitting there swallowing this stuff as gospel, knowing full well it's been debunked before, is either incredibly naive or just straight-up malicious. What are we even doing here?
The Eurozone has been on the brink of total collapse for what feels like forever—seriously, if I have to hear about it one more time, I’m going to lose it. For two whole years now, these doomsday theorists have been screaming from the rooftops that the entire system is about to implode. And let’s be clear here, because people always mix this up: the Eurozone is definitely not the same thing as the EU. But regardless, they’ve been predicting the end of the world for twenty-four months straight, and yet? Absolutely nothing has happened. Not a single thing. How many times can these people be wrong before we just stop listening?
You’re pulling this exact same stunt over on the Alternative subforum too—it's the same old story with those threads about Elena and Nibiru.
Look, you’ve got to learn how to separate actual facts from total nonsense. Is the Eurozone going to collapse? And if so, when? Believe me, that is the million-dollar question right there. Don't get me wrong, the Eurozone is absolutely drowning in problems, but even the most high-level experts with massive credibility aren't out here predicting a total meltdown. So why on earth are people actually buying into this hoax information? Especially when it's being spewed by—get this—some guy who carries himself like he's some big-shot weekend broker or a genius orator? Give me a break. I was just digging through some pieces in The Washington Post, and man, this whole situation with Alessio Rasta and that Gekko mess? It’s absolutely wild. You look at what’s happening with these high-stakes financial moves and you have to wonder—are we actually seeing any real oversight here, or is it just a free-for-all for the big players? It feels like every time we think we've got a handle on how these massive shifts impact the economy, some new player comes along and flips the table. Is anyone actually watching the gatekeepers, or are they all just part of the same game? Honestly, it makes you question if the entire system is rigged to favor these specific types of maneuvers while everyone else just watches from the sidelines. What do you guys think? Are we looking at a massive oversight, or is this exactly how the game was designed to be played? Honestly, they’re just incredibly clueless and naive.
So, what kind of game are brokers actually playing here if everything goes south? Like, how do they even plan to come out on top during a total collapse? Honestly, the biggest losers are going to be the people buying those dollar-denominated bonds—specifically the brokers who were out there acting on behalf of their investors, buying up those bonds thinking they were safe. They're the ones who are going to get absolutely hammered when the floor drops out.
JB, just look at what happened in Argentina. Seriously, take a good look at how those investors there completely lost their shirts. And which broker walked away with a profit back then? Not a single one. So, how exactly does that support your claim that brokers and investors are always going to come out on top? Because if the broker wins, the investor wins, right? That's the "default" setting according to you. Man, I don't think I've heard—or even read—anything that stupid in a long, long time.
That’s exactly why they’re keeping Greece from hitting default status—it’s all about protecting those investors who are holding onto their government bonds. I mean, if those bonds didn't even exist, who would actually give a damn if Greece defaulted? It wouldn't matter, right? The biggest players holding those Greek bonds are just Germany and France, along with a bunch of private investors from over there.
Come on, people, seriously—can we please just stop this constant, exhausting whining about the decline of the Eurozone?

Richard Wilson4 said:Even in the American media, especially at USA Today, they've started this whole campaign to demonize Orban's government in Canada, all because they’re actually doing a decent job standing up to the big banks.

Look, I’m telling you right now, banks are straight-up evil. There's just no other way to put it. They exist purely to bleed us dry while playing these high-stakes games with our lives, isn't that right? It’s all a massive racket designed to keep the little guy down while they sit back and collect their interest. Honestly, how can anyone look at these institutions and see anything other than pure, unadulterated greed? 🙂 Just another legendary statement straight out of the Great Mao playbook. Oh, look at us now—suddenly we're all humanists, selfless altruists, and best friends of the people? Give me a break.

Richard Wilson4 said:Even in the American media, especially at USA Today, they've started this whole campaign to demonize Orban's government in Canada, all because they’re actually doing a decent job standing up to the big banks.

Yeah, right. That’s the secret sauce, isn't it? Fighting the banks.🙄
It's just a blatant populist move designed to impress people like you.

Scott Hall39 said:Yeah, right. That’s the secret sauce, isn't it? Fighting the banks.🙄
It's just a blatant populist move designed to impress people like you.

And honestly, they haven't even realized that all this whining about nationalizing the banks actually means nationalizing everyone's personal savings too. But hey, they're getting there. A year ago, their ultimate boogeyman was George W. Bush. Now? It's the banks. It's anyone who dared to satisfy the twisted ambitions of this pathetic, unrefined, backwards nation.
Update:
Now they're pivoting to this whole fantasy vibe where the USA and England collapse and we become some proletarian utopia. Apparently, that's the only thing that gets them excited.🙂

Joshua Patel6 said:Suppose we were to witness a total collapse of the USD... what on earth would happen to all those consumer loans people have taken out in dollars?

They’d just be converted into some other stable currency—maybe the USD again, or maybe something like the Swiss franc—except if they switch to a different local currency, interest rates would absolutely skyrocket. And honestly? Nobody is going to ask for your permission.😍
Forget that whole 80s scenario where the dinar tanked against the Deutsche Mark and everyone's debt basically evaporated overnight.😁 This time around, you’re stuck paying exactly what you signed for.

Rebecca Ross5 said:They’d just be converted into some other stable currency—maybe the USD again, or maybe something like the Swiss franc—except if they switch to a different local currency, interest rates would absolutely skyrocket. And honestly? Nobody is going to ask for your permission.😍
Forget that whole 80s scenario where the dinar tanked against the Deutsche Mark and everyone's debt basically evaporated overnight.😁 This time around, you’re stuck paying exactly what you signed for.

Thank you for the response! 🙂

Michael Ortiz68 said:Unknown 🤣

Regarding that broker Unknown 🤣

It’s actually Andy Bichlbaum from that prank group Yes Men. He tricked the journalists again.

And don't even get me started on certain forum users who think just dropping "alternative" buzzwords—capitalists, evil, conspiracies, Goldman Sachs, debt, banks, etc.—is enough to make a story sound credible without doing any actual fact-checking.

Andy, you legend. 👍

Doesn't really look the part.
The Yes Men video.

Rastani’s recent interview over at Forbes: According to this piece from Forbes, things aren't exactly looking up for the tech sector—especially regarding how people view leadership. It’s the same old story, really. We see these massive shifts in market sentiment, and once the dust settles, it’s usually the same players left holding the bag. I remember back when I was working in Chicago, watching similar patterns play out during the housing bubble—the ego involved is always the same, regardless of the industry. This article dives into the fallout of recent decisions, and frankly, it’s a bit predictable if you’ve been paying attention to the way these big firms operate. It's all part of the cycle.

Besides, I don't see what's so funny about predicting a crisis.

placidranger said:Doesn't really look the part.
The Yes Men video.

Rastani’s recent interview over at Forbes: According to this piece from Forbes, things aren't exactly looking up for the tech sector—especially regarding how people view leadership. It’s the same old story, really. We see these massive shifts in market sentiment, and once the dust settles, it’s usually the same players left holding the bag. I remember back when I was working in Chicago, watching similar patterns play out during the housing bubble—the ego involved is always the same, regardless of the industry. This article dives into the fallout of recent decisions, and frankly, it’s a bit predictable if you’ve been paying attention to the way these big firms operate. It's all part of the cycle.

Besides, I don't see what's so funny about predicting a crisis.

...

Joshua Patel6 said:Suppose we were to witness a total collapse of the USD... what on earth would happen to all those consumer loans people have taken out in dollars?

Well, it really boils down to which bank you're dealing with and who they answer to on the global stage. There are basically two ways this could play out. The first one—which is incredibly unlikely—is that your loan gets essentially reset from scratch (this would only happen if the entire US economy declared total bankruptcy, which, even in my most pessimistic moods, seems pretty much impossible).
Then there's the second scenario, which is much more realistic: the debt gets converted into some kind of new, replacement currency (maybe something like a new version of the US dollar or even gold-backed?). If they switch to a new currency that's significantly stronger than the old one, you have to be prepared for the fact that your monthly payments might end up doubling overnight. 😁 😁
At the end of the day, I'm still just talking about fiat paper here; I wouldn't bother dragging precious metals into the conversation unless they actually became a standard part of everyday commercial transactions again.

placidranger said:Doesn't really look the part.
The Yes Men video.

Rastani’s recent interview over at Forbes: According to this piece from Forbes, things aren't exactly looking up for the tech sector—especially regarding how people view leadership. It’s the same old story, really. We see these massive shifts in market sentiment, and once the dust settles, it’s usually the same players left holding the bag. I remember back when I was working in Chicago, watching similar patterns play out during the housing bubble—the ego involved is always the same, regardless of the industry. This article dives into the fallout of recent decisions, and frankly, it’s a bit predictable if you’ve been paying attention to the way these big firms operate. It's all part of the cycle.

Besides, I don't see what's so funny about predicting a crisis.

If people actually listen to Barroso’s speech today, that smile is going to vanish pretty fast. I'm genuinely worried about what happens if folks decide to storm Parliament in Greece, though I hope it doesn't come to that. If the USD collapses, we're all going down with the ship.

coastalridge64 said:If people actually listen to Barroso’s speech today, that smile is going to vanish pretty fast. I'm genuinely worried about what happens if folks decide to storm Parliament in Greece, though I hope it doesn't come to that. If the USD collapses, we're all going down with the ship.

Well, we’ll be sucking air regardless, so honestly, just move your savings into USD and you won't have a single thing to worry about, mark my words.😁

silentmaker78 said:I mean, it's easy to play games with taxpayer money when you don't have to look at the actual fallout of those policies... it's all fun and games until the bill comes due. But hey, whatever. It's pretty obvious that for the uneducated masses who just crave someone to tell them what to do, Orbán is going to be some kind of hero. By the time they realize they're stuck in the mud, it'll be way too late.

I mean, would you rather be a total slave to the big banks, like the US Government?

redeagle42 said:Look, if you actually had a clue how this group operates—especially since they already completely burned the BBC with that whole Bhopal scandal—you’d realize this entire thing is nothing but a total hoax. Seriously, anyone sitting there swallowing this stuff as gospel, knowing full well it's been debunked before, is either incredibly naive or just straight-up malicious. What are we even doing here?
The Eurozone has been on the brink of total collapse for what feels like forever—seriously, if I have to hear about it one more time, I’m going to lose it. For two whole years now, these doomsday theorists have been screaming from the rooftops that the entire system is about to implode. And let’s be clear here, because people always mix this up: the Eurozone is definitely not the same thing as the EU. But regardless, they’ve been predicting the end of the world for twenty-four months straight, and yet? Absolutely nothing has happened. Not a single thing. How many times can these people be wrong before we just stop listening?
You’re pulling this exact same stunt over on the Alternative subforum too—it's the same old story with those threads about Elena and Nibiru.
Look, you’ve got to learn how to separate actual facts from total nonsense. Is the Eurozone going to collapse? And if so, when? Believe me, that is the million-dollar question right there. Don't get me wrong, the Eurozone is absolutely drowning in problems, but even the most high-level experts with massive credibility aren't out here predicting a total meltdown. So why on earth are people actually buying into this hoax information? Especially when it's being spewed by—get this—some guy who carries himself like he's some big-shot weekend broker or a genius orator? Give me a break. I was just digging through some pieces in The Washington Post, and man, this whole situation with Alessio Rasta and that Gekko mess? It’s absolutely wild. You look at what’s happening with these high-stakes financial moves and you have to wonder—are we actually seeing any real oversight here, or is it just a free-for-all for the big players? It feels like every time we think we've got a handle on how these massive shifts impact the economy, some new player comes along and flips the table. Is anyone actually watching the gatekeepers, or are they all just part of the same game? Honestly, it makes you question if the entire system is rigged to favor these specific types of maneuvers while everyone else just watches from the sidelines. What do you guys think? Are we looking at a massive oversight, or is this exactly how the game was designed to be played? Honestly, they’re just incredibly clueless and naive.
So, what kind of game are brokers actually playing here if everything goes south? Like, how do they even plan to come out on top during a total collapse? Honestly, the biggest losers are going to be the people buying those dollar-denominated bonds—specifically the brokers who were out there acting on behalf of their investors, buying up those bonds thinking they were safe. They're the ones who are going to get absolutely hammered when the floor drops out.
JB, just look at what happened in Argentina. Seriously, take a good look at how those investors there completely lost their shirts. And which broker walked away with a profit back then? Not a single one. So, how exactly does that support your claim that brokers and investors are always going to come out on top? Because if the broker wins, the investor wins, right? That's the "default" setting according to you. Man, I don't think I've heard—or even read—anything that stupid in a long, long time.
That’s exactly why they’re keeping Greece from hitting default status—it’s all about protecting those investors who are holding onto their government bonds. I mean, if those bonds didn't even exist, who would actually give a damn if Greece defaulted? It wouldn't matter, right? The biggest players holding those Greek bonds are just Germany and France, along with a bunch of private investors from over there.
Come on, people, seriously—can we please just stop this constant, exhausting whining about the decline of the Eurozone?

Look, I’m telling you right now, banks are straight-up evil. There's just no other way to put it. They exist purely to bleed us dry while playing these high-stakes games with our lives, isn't that right? It’s all a massive racket designed to keep the little guy down while they sit back and collect their interest. Honestly, how can anyone look at these institutions and see anything other than pure, unadulterated greed? 🙂 Just another legendary statement straight out of the Great Mao playbook. Oh, look at us now—suddenly we're all humanists, selfless altruists, and best friends of the people? Give me a break.

Aren't you just a total leftist?

restlessmason54 said:Well, we’ll be sucking air regardless, so honestly, just move your savings into USD and you won't have a single thing to worry about, mark my words.😁

Well, my savings are already in dollars.

Richard Wilson4 said:Aren't you just a total leftist?

I mean, that's only if you're looking at this through the lens of those basement-dwelling forum nationalists. 🙂

coastalridge64 said:If people actually listen to Barroso’s speech today, that smile is going to vanish pretty fast. I'm genuinely worried about what happens if folks decide to storm Parliament in Greece, though I hope it doesn't come to that. If the USD collapses, we're all going down with the ship.

Look, they listened. And I’m still telling you, the idea of the EU falling apart is nothing more than a pipe dream for those EU skeptics living in a fantasy world. There is way too much cash on the line for the EU to ever actually crumble.

redeagle42 said:I mean, that's only if you're looking at this through the lens of those basement-dwelling forum nationalists. 🙂

Look, they listened. And I’m still telling you, the idea of the EU falling apart is nothing more than a pipe dream for those EU skeptics living in a fantasy world. There is way too much cash on the line for the EU to ever actually crumble.

The avalanche started a long time ago. It's honestly delusional to think anyone can stop it now. At best, they might delay things for a tiny bit.

To wrap things up regarding those "forum experts" who were being a bit dishonest while sucking up to the corporate lobbyists...