I agree that the reign of the USD as a global trade currency is coming to an end. But not only the USD, almost all major fiat currencies will likely collapse in the foreseeable future. The simple reason is the irresponsible expansion of the monetary base that will render USD, EUR, JPY, and GBP worthless via inflation.

The economy is in very bad shape and governments are indebted like never before in history. All their actions are directed at buying time, not solving the underlying problem. Because the underlying problem is debt-based fiat currency, which at the same time is a significant source of power for those in charge (bankers and politicians alike).

However it's very difficult to predict the exact time of collapse. In that regard, the video is just hogwash. The global Ponzi scheme might collapse in an instant or it might survive a few more years - nobody can reliably predict that.

ya.ya.yo!