October 2008 - In this 2005
documentary, we see a fictional account of a
24 hour period that starts with the
"Mighty Dollar" on top and ends
with somebody in Amsterdam paying her
taxi-ride with a few packets of cigarettes.
When Peter Tosh sang "The Day The
Dollar Die", he didn't refer to an
impossibility. His song was not a dry
economic lecture or crazy conspiracy theory,
but it did refer to economics and
conspiracies that throughout the years have
become more and more clear for people to
When he sang his song, it was still the
1980's. There was no Internet and the Mighty
Dollar was the undisputed World Currency.
The American Money Press simply came up with
the paper money that people used to pay each
Many would simply ignore the message of
Peter Tosh, or even write it off as the
phantasies of a drugged-out individual.
In 2005, however, reality has become more
clear and although this is a fictional
account, the video reviewed on this page
makes it very clear how the Dollar can die
in one day, leaving the world at the edge of
a world war and people paying their taxi
rides with a box of cigarettes rather than
In 49 minutes, we are taken through this
24 hour period which is written by
established Dutch journalists. As he paints
his fictional scenario, we're taken directly
to interviews that confirm the possibility,
even probability, of that day which Peter
Tosh sang about.
NOTES BY THE MAKERS:
Do we live on a bubble? Is it possible
for the heavily indebted American economy to
collapse and take all of us down in a free
fall with it? Have the days of the dollar
been counted? Is it really u... Do we live
on a bubble? Is it possible for the heavily
indebted American economy to collapse and
take all of us down in a free fall with it?
Have the days of the dollar been counted? Is
it really unimaginable that we will see the
time of the Great Depression repeating
VPRO Backlight and Dutch national
newspaper NRC Handelsblad present this 'what
if' scenario. What if the dollar collapses?
Fiction meets facts in this 24 hour
scenario. At 9AM a Singapore trader is
ordered to sell a large amount of dollars,
which sends off the enormous downfall of the
dollar. This film shows the results for the
world economy every following hour. It ends
in Amsterdam, where the only currency
accepted by a taxi driver is Cigarettes...
History seems to have caught up with this
2005 film, though in slow-motion...
Includes interview with analyst Stephen
Roach, Andy Xie, Maarten Schinkel, Cees
Maas, Rob de Wijk and Kees Vendrik.