Bill Holter: Ending Will Be Financial Collapse Where Credit Stops

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• Bill Holter: Ending Will Be Financial Collapse Where Credit Stops
  by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
  Financial writer Bill Holter says 2017 is the year of the “truth bombs,” and along with the truth comes pain. Holter explains, “Unfortunately, the truth coming out will mean a crashed system.  It will mean a nonfunctioning system.  When truth finally comes out, and it will one way or the other, credit will cease because credit is based on trust.  Credit is handed out on trust, and when the truth comes out, credit will cease.  Then the system is going to have to reboot.”
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  What will our world look like when credit has stopped? Holter says, “Basically, with a credit seizure, that means distribution breaks down.  If you have seen any pictures of any of the Walmarts and grocery stores in Houston, the shelves are empty.  I live outside of Houston, and all the bread is made there, and there is no bread.  Now, forget about a flood, and imagine that there is no credit.  Without credit, nothing gets done.  Farmers can’t plant.  Farmers can’t harvest.  They can’t ship it to the silo.  The grain can’t be manufactured into bread, and once it’s bread, it can’t get shipped to the final destination because every one of those operations involves credit.  So, when credit stops, you are basically going to see a seizure of all goods making it to markets.”
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  What other truth bombs are on Holter’s truth bomb list to be revealed? Holter says, “The biggest truth bomb I’d like to see come out would be to get to the bottom of the human trafficking and the pedophilia.  I would just like to save the children that are being molested.  I am basically 100% convinced that this is one of the biggest problems.  Other truth bombs would include the news services.  You have outlet after outlet throwing crap against the wall, and they all throw crap against the wall hoping some of it will stick.  None of it makes sense, and they are the ones that came up with the term ‘fake news’ when somebody tells the truth.  What they are doing is trying to brainwash the public.”
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