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originally posted by: JAGStorm
Let’s say that the cyberwar goes really far and our banks are crashed.
Then what. Exactly what happens? This morning I read the the Russian Ruble is worth less than a penny.
Let’s say the dollar is worth less than a penny. What happens? Does that mean the prices at the store stay where they
Are? Does it not matter because people will be going nuts.
What happens to your mortgage or debt? Etc.
Let’s say the dollar is worth less than a penny. What happens? Does that mean the prices at the store stay where they
Are? Does it not matter because people will be going nuts.
originally posted by: litterbaux
Both of those things could change over night rendering the value of the dollar to what it's really worth, toilet paper.
originally posted by: AugustusMasonicus
a reply to: Phantom423
I'm not really seeing how that is possible. Maybe you can be more detailed on how this scenario plays out.
originally posted by: Phantom423
Sabotage at the CME or the NYSE?
originally posted by: cherokeetroy
The entire system is corrupted. The system we exist in functions like a computer system and just like a computer system that's corrupted, if that corruption goes unchecked, eventually you end up with the blue screen of death. The level of corruption that we are trying to function in is unsustainable. The house of cards will come down.
originally posted by: AugustusMasonicus
originally posted by: JAGStorm
Let’s say that the cyberwar goes really far and our banks are crashed.
Not going to happen, all that data is backed up in multiple locations, the US's largest banks along with the issuers and acquirers have some of the best cyber security in the world.