THE MATTERHORN INTERVIEW: John Butler Part 2 - October 2013

[JohnQPublic]

THE MATTERHORN INTERVIEW: John Butler Part 2 - October 2013

In the second of two video interviews, London-based investment manager John Butler talks with German financial journalist Lars Schall about, inter alia: the collapse of the paper gold market; the prospect of trading nations refusing paper money in exchange for their exports; and why the euro was perhaps in principal a fine idea, but won't survive in its current form.


http://youtu.be/P5oG73xvJ3Q

[Hypertiger]

None of these ideas are sustainable in principle...

The system is absolute capitalistic...they take more power than they give from all and everything to sustain their existence.

The same as chopping down trees faster than they regrow to power constant inflation.

100% doomed.

You get the same effect by attaching rent to money.

Lending money is sustainable short term...unsustainable long term...it why credit was invented.

paper money?

What paper money are you talking about?...In the US the paper money supply is 2% of the total...The other 56.8 Trillion dollars of the total credit market debt is all just 1's and 0's...Electromagnetic polarity differentials on hard disk platters or electromagnetic waves traveling along copper wires or through fiber optic cables.

The new economy began being implemented in the early 1960's with 1971 being where the switch was made.

There is not one penny in wall street or any financial center on Earth...Its all just electromagnetic waves now.

The actual amount of what can be called money or hard currency in existence makes up maybe 4% to 5% of the total credit in circulation globally.

Electricity...An EMP or a CME...and it's game over.

WW3 will be over in the blink of an eye.