Unveiling the Collapse of the World Money System: A Comprehensive Exploration

The world's monetary system is on the brink of collapse. This is not a prediction, but a fact. The current system, based on fiat currencies and fractional reserve banking, is unsustainable and will eventually fail. This article will explore the reasons why the world money system is collapsing and what the consequences of this collapse will be.

The Incredible Eurodollar: Or Why the World's Money System is Collapsing (Routledge Library Editions: Financial Markets Book 5)

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Language	:	English
File size	:	2284 KB
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Print length	:	211 pages

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The Causes of the Collapse

There are a number of factors that are contributing to the collapse of the world money system. These include:

• The unsustainable growth of debt: The global debt bubble has reached unprecedented levels. Public debt, private debt, and corporate debt have all been growing exponentially for decades. This debt is unsustainable and will eventually have to be repaid or defaulted on.
• The decline of the US dollar: The US dollar has been the world's reserve currency for over 70 years. However, the US dollar has been losing value for decades. This is due to a number of factors, including the trade deficit, the printing of money by the Federal Reserve, and the increasing global demand for other currencies.
• The rise of China: China has been growing rapidly over the past few decades. This growth has been fueled by a number of factors, including cheap labor, government subsidies, and a mercantilist trade policy. China is now the world's second largest economy and is on track to become the world's largest economy in the next few decades. This will have a major impact on the global economy and the world money system.

The Consequences of the Collapse

The collapse of the world money system will have a number of consequences. These include:

• A global economic crisis: The collapse of the world money system will trigger a global economic crisis. This crisis will be worse than the Great Depression of the 1930s. It will lead to widespread unemployment, poverty, and social unrest.
• The end of the US dollar as the world's reserve currency: The collapse of the world money system will lead to the end of the US dollar as the world's reserve currency. This will have a major impact on the US economy and the global economy.
• The rise of alternative currencies: The collapse of the world money system will lead to the rise of alternative currencies. These currencies could be based on gold, silver, or other assets. They could also be digital currencies, such as Bitcoin.

The collapse of the world money system is inevitable. It is only a matter of time. The consequences of this collapse will be devastating. However, there is still time to prepare for this collapse. By understanding the causes and consequences of the collapse, we can take steps to mitigate its impact. We can also start to transition to a more sustainable monetary system.

The Incredible Eurodollar: Or Why the World's Money System is Collapsing (Routledge Library Editions: Financial Markets Book 5)

5 out of 5

Language	:	English
File size	:	2284 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	211 pages

FREE