Financial expert Bill Holter says the financial markets are being propped up by “fraud,” and the global financial markets are nothing more than “Ponzi schemes.” He says many people are surprised it all did not unravel years ago and points out, “I didn’t see it getting past the end of 2016. It could collapse anytime. We should have collapsed two or three years ago, but with smoke and mirrors, they held this thing up. It’s a complete hologram or shell. There is no substance underneath the real economy. The whole thing is a house of cards, and it’s built on credit.”
In closing, Holter predicts “the U.S. government will default” at some point and explains, “Default is a mathematical certainty. There is no way the debt and the commitments can be paid back. Once a country get over 100% debt to GDP, that’s banana republic time, and the U.S. is 105% debt to GDP right now. That’s just the debt on the books. That’s not future promises.”
Holter contends this is why gold and silver prices are guaranteed to go much, much higher.
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with financial writer and market expert Bill Holter of JSMineset.com.
Thus articles Bill Holter: US Govt Default is a Mathematical Certainty
that is all articles Bill Holter: US Govt Default is a Mathematical Certainty This time, hopefully can provide benefits to all of you. Okay, see you in another article posting.
You now read the article Bill Holter: US Govt Default is a Mathematical Certainty with the link address https://happyhealthylifesimple.blogspot.com/2017/04/bill-holter-us-govt-default-is.html
Man in a frockA picture of Jamie Farr popped up this morning on my screen, it prompted me to gooooglie his name. I remember M A S H from years ago, it was…Read More...
Smile on my face.My first coffee of the day and I am watching Anthony Miles giving a beautiful grand piano a good bashing, in Spain. This is Anthony, brother…Read More...
Quick postGood morning. Two pigeons canoodling on my lawn. They were at it for ages, preening each other.
Mayze cat watching them at close rang…Read More...
Coffee chat the new mug.Hello. It's just gone 3pm on Wednesday.I took two of the softpots to the coffee morning to show. Some of the crafty club members also go the…Read More...
Making Softpots.I've been a busy little bee today. I've made four softpots using the kit I bought from the Leeds Food Festival. Danika demonstrated how to a…Read More...
0 Response to "Bill Holter: US Govt Default is a Mathematical Certainty"
0 Response to "Bill Holter: US Govt Default is a Mathematical Certainty"
Post a Comment