More News, Rumors and Opinions Sunday PM 6-23-2024
No Way Financial System Survives – Bill Holter
By Greg Hunter’s USAWatchdog.com (Saturday Night Post)
Financial writer and precious metals broker Bill Holter has been documenting all the unpayable debt that has been building up in the financial system like cancer. The latest black hole of default is coming from a big bank in Japan. Norinchukin Bank is selling $63 billion in Treasuries and other sovereign bonds to stay afloat.
Then there is recent news announced by the FDIC that 63 US banks (the names are being kept secret) have more than $500 billion in losses, and let’s not forget about the trillions in losses sitting on the books of European banks ready to suck the world into a black debt hole.
This is just a few of many on a long list of destabilizing problems that can tank the entire over-indebted financial system.
Holter warns, “The list is so long, it could be a banking problem. It could be a derivatives problem. It could be a derivatives problem in the stock market, the bond market and you could see a failure to deliver in silver.
Some type of warfare could crash the system. You could see warfare in Ukraine, Israel or Taiwan.
The system is so unstable, at this point, it could be anything that could bring it down.
Unpayable debt is not just a US problem. This is all over the world.
Central banks are having to issue huge amounts of debt because we are in the exponential decay phase. We are exactly where Richard Russell said we would be 20 years ago. It’s inflate or die, and the only way to inflate is to create more money supply.”
Add to that the $10 trillion in debt the US Government has to roll over by the end of the year. Meanwhile, the US government piles on $1 trillion in new debt every 100 days. What could go wrong?
Holter said the last time he was on USAW that there was a little less than a 50% chance we would even have an election. Now, he predicts it is more likely there will be no 2024 Presidential Election.
Holter says, “There is no way the system, as it is now, survives. It’s mathematically impossible. So, if it is mathematically impossible, are they going to blow smoke . . . up until the day it blows up? Or are they going to do something to blow it up and then say our programs and policies were working except for XYZ this or whatever.
They have to kick the table over. They cannot allow the table to fall over on its own because then there is going to be finger pointing.
To avoid the finger pointing, they have got to kick the table over.”
Holter also thinks gold is going to exponential numbers to back all the debt the USA has. If you go with the 8,030 tons of gold the government claims is in Fort Knox, you will need a dollar price of gold at “$125,000 per ounce for 100% gold backing of the dollar.”
Holter also says, “The dollar is being pushed out of the global financial system. . . . Demand for dollars is shrinking at a time when borrowing demand is rising.” This is a going to be a disaster for America and anyone holding dollars in the future.
In closing, Holter says, “The financial collapse that is coming will be worse than anything we have ever experienced. This is going to be far worse than the Great Depression simply because society itself is far worse. . . . Back in the Great Depression, you had neighbors helping neighbors. Today you will have neighbors picking on other neighbors like vultures.”
There is much more in the 51-minute interview.
Join Greg Hunter as he goes One-on-One with financial writer and precious metals expert Bill Holter for 6.22.24.
https://rumble.com/v52z8ew-no-way-financial-system-survives-bill-holter.html
**
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 23 June 2024
Compiled Sun. 23 June 2024 12:01 am EST by Judy Byington
Global Financial Collapse Imminent
It’s only wise to have at least a month’s supply of food, water, cash, medicine and essential items on hand for your family and to share with others in case of emergency.
Judy Note: The U.S. Petro Dollar (CIA money that controls Middle East Oil) was finished. The fiat US dollar was near collapse. No major country wanted the U.S. Federal Reserve Dollar for trade. Fake Wall Street financial reports were in limbo. Money was running out across the World as the Deep State money was evaporating inside a massive Black Swan Financial Collapse Event. It’s time for a Global Currency Reset to gold/asset-backed monies.
Wolverine and MarkZ confirmed that bank personnel were on a one hour alert to be called in over the weekend. Tony felt there was a 99% chance Tier4b would be notified this weekend
Sat. 22 June 2024 Wolverine: “Hi Wolverine, I wanted to tell you and others in Australia that my friend here in oz who is a HSBC bank manager just msg me he has been placed on call until 1 hour notice until Thurs. 27 June, I am confident the window for us is about to open, cheers Peter.”
Sat. 22 June 2024 Mike Bara: The “Bondholder” is once again certain he gets paid out on Tuesday 25 June, but he is returning to his city of origin tomorrow. He HAS to be in this location to get his payout. This means the payout COULD come sooner than Tuesday 25 June 2024.
Sat. 22 June 2024: GESARA Redemption Centers Information: GESARA Matrix Revealed as Your Golden Ticket to Instant Millionaire Status! – American Media Group (amg-news.com)
Global Financial Crisis:
Sat. 22 June 2024 Malaysia, which controls 25% of the world’s sea route trade via the Strait of Malacca, announced it is joining BRICS: https://www.newstarget.com/2024-06-21-malaysia-joining-brics-sea-trade-strait-malacca.html
Sat. 22 June Washington DC: The US Treasury Building in DC has been boarded up in boards painted orange.
The U.S. Oil Dollar (CIA money controlling the Middle East oil) was done. The fiat dollar was near collapse and no major country wanted the U.S. Federal Reserve Dollar. The fake Wall Street financial reports were in limbo. Money was running out across the World as the Deep State money was evaporating inside a massive Black Swan Event Financial Collapse.
Read full post here: https://dinarchronicles.com/2024/06/23/restored-republic-via-a-gcr-update-as-of-june-23-2024/
CBI Begins Second Phase of Reform RE Boom 120 °F and Rate Expectations
Edu Matrix: 6-23-2024
CBI Begins Second Phase of Reform RE Boom Heat and Rate Expectations! CBI Excellent News; RE Boom; 120 °F; Exchange Rate Profit Potential.
Iraq's Central Bank Releases New Reform Strategy
Nader: 6-23-2024