• Home  / 
  • outlook
  •  /  The First 12 Hours of a US Dollar Collapse

Be ready for the Reboot. Subscribe to new articles via email... ยป

The First 12 Hours of a US Dollar Collapse

Mark Jeftovic
By Mark Jeftovic / October 26, 2012

Not a bad little docu-drama about the onset of a US dollar collapse. There are a few inconsistencies, I believe some of the fictional “market moves” depicted would not occur because gap limits would kick in and suspend the trading session. I also believe that a 1700 point drop in the DOW would trigger a banking holiday as opposed to a 2-hour trading halt.

But that said, this is the scenario nobody thinks is possible but really at the end of the day, it’s not like the US can print money and live on debt forever right? So when something cannot go on forever what happens when it stops?

About the author

Mark Jeftovic

Mark Jeftovic is the creator of Wealth.net, founder and CEO of Canadian domain registrar and DNS provider easyDNS.com and member of the indie rock sensations The Parkdale Hookers.

His personal blog is at markable.com

1 comment
David M - November 1, 2012

While most of the above video is plausible. The rush to buy food would only happen if the ATMs stopped working. Most people will be busy working or ignorant of what the news means.

The rush for food would start slowly and then ramp up as word of mouth and cell phone spread. It would be a few hours before it got hectic. But by then, the food in the grocery stores will be getting low.

Stock up while the stocking is good.

Click here to add a comment

Leave a comment:

Google Analytics Alternative