Escape The System; Complete Shutdown Could Happen Fast | Bill Holter
Liberty and Finance, Released on 2/1/23 (Recorded on 1/31/23)
The M2 currency supply shrinking could be cataclysmic to the debt-based financial system. The system could come down fast, says Bill Holter of Miles Franklin. "All you're going to need is one large institution to become upside down and not be able to pay, not be able to perform on their derivatives, and that will spread like wildfire," he says. "I don't imagine it will take more than 48-72hrs until everything comes down once the first major entity collapses and defaults."
0:00 Intro3:25 System shutdown10:56 Capital restrictions16:19 Gold & silver26:15 FDIC27:27 Bill Holter's journey36:25 Confiscation41:10 Bill's website
Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bill was a well-known contributor to the Gold Anti-Trust Action Committee (GATA) commentaries from 2007-2012. Bill became a writer for Jim Sinclair's Mineset in 2015.
Escape The System; Complete Shutdown Could Happen Fast | Bill Holter added by Herman James on 01/31/2023View all posts by Herman James ?+'