Sam Mathid 10/15/08:

"The construction of the collapse was loosely as thus:

1. Governments inflated their currencies.
2. Malinvestment resulted
3. To cope with the problems of malinvestment, governments inflated their currencies more.
4. Huge malinvestments resulted.
5. To cope with the problems of huge malinvestments governments inflated their currencies hugely.
6. Currencies utterly collapsed (still playing out).