Greg Hunter – 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.
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.
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