“I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money, the banking system will collapse totally, and we will be left having to barter to stay alive. Those who can dig in their garden will have a better chance than the rest. I'll be all right; I've got a few veg.”

— Margaret Drabble

The Guardian, January 2, 1993.

Adopted from Wikiquote. Last update June 3, 2021. History

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Margaret Drabble 12

Novelist, biographer and critic 1939

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“I am in the camp that believes that we are on the verge of a monetary collapse given the fact that during the last year up to 70% of the money used to pay our ongoing expenditures were moneys printed up by the Federal Reserve I mean literally out of thin air. Monetary Collapse occurs when we are printing 100% of that money going forward and all of the roll over of treasury is that 15 trillion dollars is out there in existing notes when all of those notes also get rolled over with 100% of that money being printed … that's the monetary collapse. And that’s not something that their going to announce is going to happen two weeks from Thursday that’s just gonna happen literally overnight when we have a complete melt down in the bond market. Which I’m predicting is gonna happen unless we actually balance the federal budget so this is what we are entering into is a real mutual sacrifice on the part of all of us. I would argue let’s have that mutual sacrifice as opposed to all of us having nothing which is what happens during a monetary collapse that our money ends up being worth nothing. That happened in Russia part of that was Afghanistan. We’re not immune to this. We can fix it but we need to do it now and that’s the position that I hold.”

Gary Johnson (1953) American politician, businessman, and 29th Governor of New Mexico

Statement made to representatives of the Pagan Newswire Collective (PNC)
2011-10-16
http://www.patheos.com/blogs/paganswithdisabilities/2011/10/full-transcript-of-qa-with-presidential-candidate-gary-johnson/
2012-02-24
Economic Policy

“Self-help books for those who believe You can have it all often advise, Follow your bliss and money will follow. With the collapse of the stock markets the reality of trade-offs is more like, When you follow your bliss, it’s money you’ll miss.”

Warren Farrell (1943) author, spokesperson, expert witness, political candidate

Source: Why Men Earn More (2005), p. 3.

“People are dying. Entire ecosystems are collapsing. We are in the beginning of a mass extinction. And all you can talk about is money and fairytales of eternal economic growth. How dare you!”

Greta Thunberg (2003) Swedish climate change activist

If world leaders choose to fail us, my generation will never forgive them https://www.theguardian.com/commentisfree/2019/sep/23/world-leaders-generation-climate-breakdown-greta-thunberg (23 September 2019), from speech delivered at the UN Climate Action Summit.
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“In fact, our standard account of monetary history is precisely backwards. We did not begin with barter, discover money, and then eventually develop credit systems. It happened precisely the other way around.”

David Graeber (1961) American anthropologist and anarchist

Source: Debt: The First 5,000 Years (2011), Chapter Two, "The Myth of Barter", p. 40

“It's not necessarily against a system that it collapses, because most systems do collapse in the end. That’s a part of the wheel of life - systems do collapse. So I’m to some extent slightly inclined to forgive capitalism for being about to collapse. I mean there are lots of fine things, lots of love affairs and the like which have come to a sticky end. On the other hand, it is quite an accusation - quite hard for it to live down - that it's going to destroy the entire planet with it.”

David Fleming (1940–2010) British activist

Interview, November 4th, 2010 http://www.darkoptimism.org/2016/10/14/by-popular-demand-david-flemings-interviews/

“CLINTON: Donald was one of the people who rooted for the housing crisis. He said, back in 2006, "Gee, I hope it does collapse, because then I can go in and buy some and make some money." Well, it did collapse.
TRUMP: That's called business, by the way.”

Donald J. Trump (1946) 45th President of the United States of America

2010s, 2016, September, First presidential debate (September 26, 2016)

“By 1938, Mussolini could confidently assert that ‘in the face of the total collapse of the system [bequeathed] by Lenin, Stalin has covertly transformed himself into a Fascist.”

A. James Gregor (1929–2019) American political scientist

Source: The Fascist Persuasion in Radical Politics, (1974), p. 132

“I feel better than I have in years—no leg problems at all. But if I'm to get three more home runs, I'm afraid I'll have to get them right-handed. I don't know what's the matter. I've lost my confidence from that side. I've always been a better right-handed hitter than left, but it wasn't until recently that I really got into a left-handed slump. I just don't seem able to pull the trigger, hitting left-handed. I have no excuse for it. It's not my legs or anything. The ball just gets up to me before I know it.”

Mickey Mantle (1931–1995) Professional baseball player

Speaking after Game 2 of the 1960 World Series, regarding his worsening left-handed batting woes—in particular, as regarded his chances of breaking Babe Ruth's World Series HR mark of 15; as quoted in "Mantle Figures He Can Break Babe's Series HR Mark if the Bucs Throw Southpaws" http://www.mediafire.com/view/6cqvl5q8trgqtg8/%20.png by Associated Press, in The Atlanta Constitution (Friday, October 7, 1960), p. 49.

“No one has a natural right to the trade of a money lender, but he who has the money to lend. Let those then among us who have a moneyed capital and who prefer employing it in loans rather than otherwise, set up banks and give cash or national bills for the notes they discount. Perhaps, to encourage them, a larger interest than is legal in the other cases might be allowed them, on the condition of their lending for short periods only.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

ME 13:277
1810s, Letters to John Wayles Eppes (1813)

“If you have money in the stock market, if you have… may I just recommend you have some cash handy, that you have your food and everything else ready. I hope to God that none of this stuff happens, but you have people who are anarchist revolutionaries who are intent on collapsing the system, they are trying to break the system.”

Glenn Beck (1964) U.S. talk radio and television host

2010s, 2011

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Margaret Drabble 12

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