is the wests financial system collapsing, page-12

No, but a lot of the rubbish is getting shown up and cleaned out. The incompetence of the central bankers-who are not on the whole very well educated in monetary economics is now visible to many more people. They do not seem to understand the concept of the multiplier mechanism,or the manifold impacts of excessive money creation. Nor do they have a handle on the concept of the velocity of money or lags in impacts of any change. They are appointed by monetary ignoramuses, so how could anyone expect them to be competent or well enough educated?
A lot of chickens are coming home to roost and about time. If these people dont know what they are doing what hope do most people have? Your hard won savings are eroded like ablock of ice in summer by their stupid excess money creation. Too much money chasing too few goods equals inflation. Who is creating too much money? None other, than the sods who are supposed to be controlling inflation. Thats why a lot of money is tending to move into precious metals and commodities as a store of value and medium of exchange.
Fiorget about dopey mickey mouse concepts like capitalism and communism and all that. Idealogies,especially isms like communism and facism were created to explain a complex reality in simple and misleading terms to the mass of simpletons who the demagogues wished to control and exploit for their own gain. And did. And do.