Collapse or dollar= collapse of Rome= armagedon, but WHY!?

[negafen]

US needs to go away gracefully rather than pissing everyone off and then still implode from within.

[AnonyMint]

Let's work and hope for the exponential rate of change with a technological frontier and the bastards fading gracefully away in diapers.  

[Zarathustra]

Those who are expecting dollar collapse and hyperinflation are clueless about history. Never in the history of the world, not even in Rome, has the global reserve currency collapsed. It doesn't happen. Only revolutionary governments which can't sell their own bonds collapse into hyperinflation.

Rather what is happening now is the "borrower is slave to lender". The USA is taking control of the globe now and the dollar will become very strong. They will track down all wealth globally and confiscate it. All the pawns of the USA (Europe, Japan, etc) and the fake antagonists (Russia, China) are on board this plan to share information to track down "tax evasion" which is a code word for Totalitarianism.

Again find the link in my prior post and read that entire Mad Max thread so you can re-educate yourselves.

Civilizations (problem solving societies) collapse because of the diminishing return on additional investment in additional complexity. Tainter's Law.

http://www.jayhanson.org/page134.htm

No they collapse because of socialism and collectivism when the private sector shrinks to for example 25% of GDP (and govt+regulation compliance is 75% of GDP as is the case in the USA and Europe now), which is an orthogonal property to knowledge formation. Here are a few examples of the cancer upon us now:

http://armstrongeconomics.com/2014/05/21/unions-out-of-control-the-real-poison-pill/
http://armstrongeconomics.com/2014/05/21/how-bureaucrats-undermine-everything/

Don't conflate the perils of collectivism with the beauty of technological advance.

We already had this discussion in two other threads already and I am not going to debate you again, as I already shown the idiotic illogic of your conflation of the two:

https://bitcointalk.org/index.php?topic=564097.msg6513193#msg6513193

Armstrong and you know really nothing about anthropology and civilization, when I compare it with Tainter.
As if technology ever could exist beyond a collectivist society! Collectivist society is a tautology.

[AnonyMint]

As if technology ever could exist beyond a collectivist society!

I create programs individually. There is no collectivism required.

This is the Knowledge Age revolution. People will create and distribute digitally without any collectivism involved in their efforts.

[Ron~Popeil]

US needs to go away gracefully rather than pissing everyone off and then still implode from within.

Don't make us "bring democracy" to your country!


Seriously though, don't blame all of us for our governments misguided policies. There are a lot of Americans that do not support the endless wars and economic imperialism.

[Swordsoffreedom]

Well it would create a fiat and bank run on the USD to other currencies
However there is a basket of available currencies to run towards or resources heck even Bitcoin
So what will happen is that the USA will lose a fair bit of its reserve currency status and cause a case of contagion
That may be contained but not without doing some serious damage to jobs and industries

[Charlie Prime]

Armstrong thinks we can reform politics.

Based upon your links to him, I subscribed to Armstrong's blog.  After reading his (numerous) posts for three days, I agree with your assessment.  Armstrong is a worshiper of the Great Father Guv.  He thinks the Father is currently abusive and misguided, but ultimately good.

What is your opinion of Armstrong's computer model?  I'm fascinated by esoteric numbers and the work of Randall Carlson.

[Trading]

The idea that the dollar is going to collapse because of all the debt doesn't make much sense. At most, there might be some inflation, but 10% of inflation will be enough to destroy major part of the debt in 10 years, even with higher interest rates.

Anyway, no society collapses because of the collapse of its currency. Any people comparing this to the collapse of the Roman Western Empire is misleading the Op. The Roman currency was seriously debased, but it wasn't this kind of problems that took Rome down, but the sword.

[onlyu]

As if technology ever could exist beyond a collectivist society!

I create programs individually. There is no collectivism required.

This is the Knowledge Age revolution. People will create and distribute digitally without any collectivism involved in their efforts.

Your program has high dependency.

The platform it run on required a group of developers to build it. And the platform required a server to run it, which required who know how many years of human effort.

And the server will need hosting, electricity.

Hosting required human to have the knowledge on how to build building and so on and other dependency. Same for electricity.


We live in a highly depended society. Saying one person alone can create something useful with no dependency show the arrogance of people in general.

[Zarathustra]

As if technology ever could exist beyond a collectivist society!

I create programs individually. There is no collectivism required.

This is the Knowledge Age revolution. People will create and distribute digitally without any collectivism involved in their efforts.

BS. As @onlyu wrote: Your programming environment and the whole infrastructure behind it is a hypercollectivist monstrum, which will disappear as soon as the society collapses, and it will, as all societies did. Tainter's law.
That's why I as an anarchist support your efforts to create a true anonymous crypto currency. No society can survive in an anonymous environment, where nothing can be stopped. All kind of crime (you need some examples?) could be distributed, and that's never ever the ground on which a society is able to survive. Crypto is not the tool to expand the 10'000 years old society/economy (patriarchy) even more. It is a tool to destroy it and bring back anarchy (self-sufficient communities), which is the norm among the homines sapientes and their ancestors (1 million and more years). Societies (homo oeconomicus/collectivism) are only short, pandemic aberrations in this grand supercycle.

Knowledge(!) Age Revolution? I would rather call it a revolution of self destruction and stupidity:
http://www.bcreative.al/wp-content/uploads/2011/10/Human-Evolution.jpg

[AnonyMint]

Would you like to place a wager? 

[madken7777]

Collapse of the dollar isn't the end of the world.

Standard of living outside the US will actually get better as export countries will need to serve domestic need rather than export their labor and product to US.

[Charlie Prime]

Armstrong thinks we can reform politics.

Based upon your links to him, I subscribed to Armstrong's blog.  After reading his (numerous) posts for three days, I agree with your assessment.  Armstrong is a worshiper of the Great Father Guv.  He thinks the Father is currently abusive and misguided, but ultimately good.

What is your opinion of Armstrong's computer model?  I'm fascinated by esoteric numbers and the work of Randall Carlson.

[AnonyMint]

Collapse of the dollar isn't the end of the world.

Standard of living outside the US will actually get better as export countries will need to serve domestic need rather than export their labor and product to US.

That common thinking is incorrect. The demarcation between domestic and export won't exist in the Knowledge Age:

https://bitcointalk.org/index.php?topic=495527.msg7011575#msg7011575

[AnonyMint]

Armstrong thinks we can reform politics.

Based upon your links to him, I subscribed to Armstrong's blog.  After reading his (numerous) posts for three days, I agree with your assessment.  Armstrong is a worshiper of the Great Father Guv.  He thinks the Father is currently abusive and misguided, but ultimately good.

What is your opinion of Armstrong's computer model?  I'm fascinated by esoteric numbers and the work of Randall Carlson.

I documented the model's track record:

https://bitcointalk.org/index.php?topic=495527.msg5464897#msg5464897

[spazzdla]

The idea that the dollar is going to collapse because of all the debt doesn't make much sense. At most, there might be some inflation, but 10% of inflation will be enough to destroy major part of the debt in 10 years, even with higher interest rates.

Anyway, no society collapses because of the collapse of its currency. Any people comparing this to the collapse of the Roman Western Empire is misleading the Op. The Roman currency was seriously debased, but it wasn't this kind of problems that took Rome down, but the sword.

What do you think will happen to America when it can't afford an army and all of those countries they killed 1000's.. 10 000's, 100 000's in are going to do....

[Trading]

If the US economy ends up in a situation where it won't be able to support a big army, that won't happen because of problems with the US dollar.
The problems with the US dollar are a symptom of more deep problems, like the low rate of saving, the external capital dependency, the deindustrialization, loss of competitiveness, etc.

[Zarathustra]

Would you like to place a wager?  

Yes, I bet 1 bitcoin that this society's collapse will be by far the most sustainable collapse in the 10'000 years old history of the living cartoon of the human: the citizen.

https://www.youtube.com/watch?v=0EBTn_3DBYo
update:
https://www.youtube.com/watch?v=d8Ke_83asCk

[AnonyMint]

Would you like to place a wager?  

Yes, I bet 1 bitcoin that this society's collapse will be by far the most sustainable collapse in the 10'000 years old history of the living cartoon of the human: the citizen.

https://www.youtube.com/watch?v=0EBTn_3DBYo

We measurable parameters and dates in order to make a bet.

[Zarathustra]

Would you like to place a wager?  

Yes, I bet 1 bitcoin that this society's collapse will be by far the most sustainable collapse in the 10'000 years old history of the living cartoon of the human: the citizen.

https://www.youtube.com/watch?v=0EBTn_3DBYo

We measurable parameters and dates in order to make a bet.

Soonish™ ;-)