Liberty and Finance, Released on 7/1/23
As interest payments balloon, a US debt default is mathematically inevitable, says former stock broker Bill Holter. He expects a currency collapse that will destroy the Americans’ standard of living. He discusses geopolitical events that could accelerate the crash and concrete ways to prepare for the tough times ahead.
0:00 Intro
2:34 Debt collapse
9:40 Stock market
10:40 Military budget
18:22 NATO & BRICS
20:00 Dedollarization
22:00 Empire collapse
23:51 Dollar collapse
26:44 Preparedness
29:12 Bill Holter online
30:05 Miles Franklin
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. Bill’s commentary can also be found at BillHolter.com.