A Crash of Biblical Proportions is Imminent !

Bills Commentary :

 I believe a crash of Biblical proportions is now imminent. When I say “crash”, I am speaking of stocks, bonds, and real estate, and thus it will lead to breakdown of society. Stocks averages have been held up by only a handful of stocks, very similar to the Nifty Fifty, 1987, the Dot-com bubble, and 2008-09. The averages themselves are now rolling over. Credit markets (bonds) have already been destroyed. Treasury-Bond Collapse Ranks Among the Worst Market Crashes in History (businessinsider.com)  

  The reality is that credit has already crashed and it is the ONLY market that really matters. The credit markets have been in the worst bear market bonds have ever experienced in all of history. The simple reason is that rates started upward from zero, “zero coupon bonds” are THE most volatile of all. Essentially, the entire world became a financial “zero coupon bond”, the resulting rate rise is absolute death for the entire system. Everything is levered and this time around the “debt saturation trap” includes nearly all central banks and sovereign treasuries. Central banks and sovereign treasuries still had room to expand credit in 2008-09, balance sheets today are blown out everywhere! If you know nothing about macro finance, please understand that credit (bonds) are the “foundation” to EVERYTHING in today’s world… the foundation has cracked! Everything “financial” is based on credit, and more importantly, the “real world” ( production, distribution etc.) is entirely based on credit. Any stoppage of credit anywhere in the world will begin to snowball and engulf ALL credit. Nothing, NOTHING that you now do in your everyday life will be the same, or maybe not even function at all when credit is no longer available.  Credit is entirely based on confidence and this con game is over! 

  This is it folks, it is the end of our “credit based” society. You think crime is bad now? Think “everyone for themselves”, this is what is unfortunately coming. How do I know this? Because once credit is no longer advanced, NO ONE WILL BE PAID! Workers, vendors, suppliers, first responders …NO ONE! Mathematically, the amount of debt currently outstanding worldwide can never be repaid in current terms. It is either print to oblivion or outright default, either way the result is total financial collapse. The amount of “unrealized losses” systemwide is staggering. The Federal Reserve itself already has far more unrealized losses than the paltry $65billion of equity they used to claim. They are upside down but now hiding their balance sheet within the US Treasury since they were merged a couple of years ago. The Treasury itself is in a debt service death spiral as it must pay $1.5 trillion per year in interest going forward, up from $400billion just two or three years ago.

  If you have been paying any attention at all, you know that almost everything you are being fed and told has been a lie. I hate to be the bearer of bad news but, your “lifestyle” has been a lie. We are told that one can change their gender if they wish? Financial and economic numbers used to be massaged, now they are outright fantasy. Climate change, racism, sexism, or whatever “isms” are put forth as fact and parroted by a captured media. Speech is severely censored and throttled if you don’t go along with the bullshit du jour. Elections are a complete farce. Government at all levels is pitted and pointed against citizens who for the most part just want to live their lives and be left alone. If you cannot see how abnormal your world has become, you are part of the problem.

  The “lies” could never have passed as “truth” were it not for asset prices. Sky high stock, bond, and real estate prices masked what was really happening. As long as 401k balances and homestead prices were good, the masses were placated. Asset prices could never have come close to where they are, were it not for the easy money available at interest rates resembling “free”.  If the Dow jones and housing were trading at 50 cents on the dollar, people would be pissed and then ask some tough questions with some very disturbing answers. These questions, and thus answers are just around the corner, spiking interest rates assure this!

  Now that rates have spiked, buyers have been drastically culled due to the debt service required. If your income level two years ago allowed you to bid on a $1 million house, today you are only able to look at half of that. Credit is a double edged sword, wonderful when rates are low and easy application, disastrous when rising …especially when rising against the largest pile of debt the world has ever seen. We are living in and watching THE biggest credit bubble of all time deflate, the result will be disaster in so many ways, most importantly to “society” itself. I was laughed at six or seven years ago when I used the term “Mad Max” as the end result to the credit bubble. I have only one question for you, CAN YOU HEAR ME NOW?

Standing a terrified watch,

Bill Holter

www.BillHolter.com

5 thoughts on “A Crash of Biblical Proportions is Imminent !

  1. As I have often told my friends, when Mr. Bill Holter speaks, wise people listen…

    With that being said, Mr. H may be entirely correct regarding a breakdown in society. Last night, two friends and I ventured into Los Angeles. This is not the place I grew up and attended college. It remains a dystopian nightmare of seemingly everything that could go wrong in a city run by moronic liberals, nutcases and corrupt buffoons. Nearly every major street we used was littered with potholes, broken asphalt, garbage and trash along the route.

    Yet, upon entering tony Beverly Hills the streets are like they are paved with gold. No potholes, clean streets, no graffiti, no mess, but there are a great many boarded up storefronts along Wilshire Blvd, as well as many retail places and offices available for rent.
    The people of Beverly Hills demand that the city be kept up to standard, where in surrounding LA, there are no standards! Abandoned motor homes, tents, refrigerator boxes for houses, people sleeping on the street, the list is nearly endless. LA police have told me that soon the city will soon become totally ungovernable as hard working and successful families flee to better and safer places to live.

    Back prior to Y2K (Year 2000 computer changeover), I studied computer programming back in the 70’s, and understood what was at stake if the massive problem was left unaddressed. The two digit year field would have most likely corrupted critical computers, banks, government and infrastructure like nothing seen before. I prepared early as best I could while protecting a totally blind friend who lived at home and was dependent on medications to remain alive. In my view Y2K was one of the main reasons why the world was suddenly wired for the World Wide Web. This allowed massive numbers of programmers globally to write work-around programs to keep the whole, interdependent edifice from collapsing.

    What I learned from the experience is that no one can possibly prepare adequately for something as massive as Mr. Holter considers likely. He may very well be right! The fact remains that in America the nation is bankrupt financially, economically, morally and most of all spiritually. Bail for almost all crimes in Los Angeles is simply no more, so suspected criminals are simply set back out on the streets. Only specified violent crime, and those involving a weapon subject the suspect to before trial jail. As a former cop from decades past, that is just plain nuts! And, since the rules changed early this month, an invitation for crime beyond measure. There is no sense at all of community anymore, as the people themselves are so heavily divided. There is no unity at all throughout the country with no moral or religious standards to help problem people in check.

    If Mr. Holter is correct, moving out to the country may afford many the ability to escape Mad Max for a time, but the heathens may well find their way there from larger cities as crime dominates, and war lords take over from the local government. This society relies totally on a series of extremely important inputs from food, fuel, medicine, etc. Without those, there can be no modern society. At the same time, also essential is a functioning banking system that allows people and companies the ability to transact. If what Mr. Holter claims is true, there is no escape from what may well be coming our way.

    In my view, prepare as best you reasonably can, but consider that no matter what you do, when this house of cards genuinely falls, everything and everything will suddenly become local. People will have to pull together to survive as the dollar may not be worth much of anything, brought into existence by a completely corrupt and insolvent government. Consider what would happen if the USD collapsed? All governments would suddenly lose all their supposed power, and they would be rendered powerless! At that point, perhaps We The People will have to step to the plate, work together as sovereign beings of The Creator, and do our best to rebuild a shattered society to the best of our ability. Ultimately, it remains it is not what we are people do. It is the power of The Creator that will help bring peace, unity, happiness and love for all. Thank you.

    Like

  2. Quit holding back on us Bill. I will send this one out to all of my contacts.
    Sorry to hear about Jim.

    Thank you

    Richard G. Longacre
    Email: richardlongacre@MSN.comrichardlongacre@MSN.com

    DO NOT COMPLY
    Say No to: Masks, Lockdowns, Synthetic DNA Altering Bioweapon Injections containing self-replicating and self-assembling bio-hybrid micro Robots, Vaccine Passports, Digital IDs, QR Codes, 5G Rollout, and Central Bank Digital Currencies (CBDCs).
    People comply to make the tyranny stop. Because you comply, the tyranny will never stop.
    The best way to stop the next pandemic is to arrest the people that started the first one.
    Don’t let these Branch Covidian Tyrants control your life or steal your health and freedom.
    We are facing either the great reset or the great awakening.
    The choice is not the WEF’s or Klaus Schwab’s, the choice is yours.
    Obedience (hackable/reprogrammable cyborgs, death, illness and slavery) or courage (body autonomy, save your soul, and freedom)

    Free men don’t need permission.

    BYOB = Be Your Own Bank
    SADS = Sudden Adult Death Syndrome = When someone dies suddenly and mysteriously from the bioweapon VAXX and the media refuses to report the cause of death of the healthy individual (or their bioweapon VAXX status) and the family refuses to have an autopsy done to figure out the cause of death, because they already know that it was the bioweapon injection that killed them.

    The Road to freedom is to refuse to live by lies.
    When people renounce lies, lies simply cease to exist.
    Like parasites, they can only survive when attached to a person.
    I will not write, sign, nor publish in any way, a single line distorting, so far as I can see, the Truth”

    “It does not take a majority to prevail … but rather an irate, tireless minority, keen on setting brushfires of freedom in the minds of men.”
    ― Samuel Adams
    “In questions of power, then, let no more be heard of confidence in man, but bind him down from mischief by the chains of the Constitution.”
    “When the government fears the people, that is liberty, when the people fear the government, that is tyranny.”

    Thomas Jefferson

    But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.
    Declaration of Independence

    Liked by 1 person

  3. Pingback: Black Coffee: Winners and Losers

Leave a comment