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<p>[QUOTE="buyingsilvers, post: 1312027, member: 18821"]well, "collapse" has different meanings for everyone. The type of collapse that gets the most attention is the fianncial market implosion and **** hit the fan collapse. </p><p><br /></p><p>In my opinion, we will not see an all out collapse. There will be economic & financial market shocks, but the governments & central banks will continue to prop the financial system up with more and more money as they've always done. Even huge shocks such as default of sovereign debt or hyperinflation is traumatic, but not the end of the world. Has happened many times in even the past 10-20 years. Therefore, i think the dollar will continue to spiral downwards in value, as it has for the past 80 years or so, but we will not wake up one day and find out that they are completely worthless. The dollar has lost probably 99% of it's value since we went off the gold standard, which by most people's definition could constitute a "collapse". But we (and the dollar) are still here. Maybe it'll take only 10 years this time to lose 99% of what hte dollar is worth today. The system will still survive and we will adjust and still be here.[/QUOTE]</p><p><br /></p>
[QUOTE="buyingsilvers, post: 1312027, member: 18821"]well, "collapse" has different meanings for everyone. The type of collapse that gets the most attention is the fianncial market implosion and **** hit the fan collapse. In my opinion, we will not see an all out collapse. There will be economic & financial market shocks, but the governments & central banks will continue to prop the financial system up with more and more money as they've always done. Even huge shocks such as default of sovereign debt or hyperinflation is traumatic, but not the end of the world. Has happened many times in even the past 10-20 years. Therefore, i think the dollar will continue to spiral downwards in value, as it has for the past 80 years or so, but we will not wake up one day and find out that they are completely worthless. The dollar has lost probably 99% of it's value since we went off the gold standard, which by most people's definition could constitute a "collapse". But we (and the dollar) are still here. Maybe it'll take only 10 years this time to lose 99% of what hte dollar is worth today. The system will still survive and we will adjust and still be here.[/QUOTE]
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