In 2008 the world experienced financial turmoil. Markets crashed, stocks plummeted, and financial institutions thought to be invincible, collapsed. Was the financial crisis solved or were th... Read allIn 2008 the world experienced financial turmoil. Markets crashed, stocks plummeted, and financial institutions thought to be invincible, collapsed. Was the financial crisis solved or were the problems merely kicked down the road?In 2008 the world experienced financial turmoil. Markets crashed, stocks plummeted, and financial institutions thought to be invincible, collapsed. Was the financial crisis solved or were the problems merely kicked down the road?
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Some people apparently wrote some negative reviews about this documentary. They mention that the documentary is about propaganda from "neo-cons" and "gold dealers". This is a lie, the documentary interviews people who understand the situation and many of the people interviewed predicted economic events, because they understood the reasons.
The left wing propagandists writing these negative reviews do not like these facts because they are critical of big government and central planning.
The documentary contains some great information and is highly recommended if you want to learn more about the real economy. 8/10
The left wing propagandists writing these negative reviews do not like these facts because they are critical of big government and central planning.
The documentary contains some great information and is highly recommended if you want to learn more about the real economy. 8/10
At the end of the day it's either you've heard this too many times or you're hearing it for the 1st time. The latter will likely make it very interesting and cause the mind to put conspiracies together. Yet, the fact is it's more plausible to believe that 1. Gold is another form of investment, whether that's a physical object or not. You almost can't spend gold or want to carry it around, it's the physical version of the same wool they pull over your eyes on a government level. 2. On an investment level it is a decent investment if you plan to hold for 30 years to overcome markup costs when you purchase, at least until they develop or make commercially available the process to make gold.
END OF THE ROAD-HOW MONEY BECAME WORTHLESS (dir. Tim Delmastro) This is not really a documentary, but an infomercial for companies featured in the film that specialize in gold investments.
All the 'experts' are really employees of these firms, and their aim is to have you consider what they are selling because they insist that the implosion of the world's currency markets is just around the corner. However, if all the governments of the globe actually did simultaneously collapse, a stockpile of gold bars would provide little solace. You can't eat gold, and I doubt if you could get many of the survivors to agree on how much it would be worth in this hypothetical, post-apocalyptic future.
Money offers a quantitative measure of value that is not found in gold or barter, and although the film correctly posits that all fiat currency economies (those not backed by gold) ultimately fail, this is actually no more true than observing that 'all economies fail over time'.
All the 'experts' are really employees of these firms, and their aim is to have you consider what they are selling because they insist that the implosion of the world's currency markets is just around the corner. However, if all the governments of the globe actually did simultaneously collapse, a stockpile of gold bars would provide little solace. You can't eat gold, and I doubt if you could get many of the survivors to agree on how much it would be worth in this hypothetical, post-apocalyptic future.
Money offers a quantitative measure of value that is not found in gold or barter, and although the film correctly posits that all fiat currency economies (those not backed by gold) ultimately fail, this is actually no more true than observing that 'all economies fail over time'.
It was interesting. Currency is so abstract and this and the '08 free fall illustrates just how convoluted it's become. I'm not sure 'ponzi scheme' is the best analogy for the global finance situation we're in. A single investment scheme and world markets regulated or controlled by governments are very different beasts. Every recession or depression brings inflation. Only time will tell how much. I'm skeptical about the insistence that gold is still the most real money. I'm no expert but it seems we've moved too far beyond that. I just wonder with the CEO of a gold selling website going on and on about it, that there's a conflict of interest and they may be inflating things to drum up gold sales. If I had money to save I might consider some gold just in case, to diversify. But if you have a gold bar and the economy completely tanks, I don't think there's much good that bar will do. It's not going to buy food.
I wonder if this documentary was put together with the insight of that book???
The book is called Economic Regression "A Guidebook for when money is useless"
The book's premise is when money, gold, and anything perceived as valuable, becomes worthless in the eyes of men.
It follows the perspective of 6 kinds of people, from an American Family of 4, a multi-billion dollar international company CEO, The Amish, Amazon Tribe, etc..
The engineering in the book is all doable and the formulas are real for things like Bio-Diesel, beer, alcohol, and more..
Not to give the story away, the Amish do not fair well. People know they do not need money to survive, which ends bad for the Amish.
On kindle and amazon..
The book is called Economic Regression "A Guidebook for when money is useless"
The book's premise is when money, gold, and anything perceived as valuable, becomes worthless in the eyes of men.
It follows the perspective of 6 kinds of people, from an American Family of 4, a multi-billion dollar international company CEO, The Amish, Amazon Tribe, etc..
The engineering in the book is all doable and the formulas are real for things like Bio-Diesel, beer, alcohol, and more..
Not to give the story away, the Amish do not fair well. People know they do not need money to survive, which ends bad for the Amish.
On kindle and amazon..
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- Runtime55 minutes
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By what name was End of the Road: How Money Became Worthless (2012) officially released in Canada in English?
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