So far as I know, Bill Holter is not a prophet. He could be wrong. But he’s no dummy. In the following interview, he offers fundamental facts that support the theory that the “stuff” will hit the fan before the end of October (and perhaps even before the end of September). I agree that all of his facts are important and perhaps profound. I think his timeline is plausible.
However, Holter implies that, once the stuff really hits the fan, the whole credit system will collapse and cause the food distribution system (which is almost entirely based on credit) to also and utterly collapse within another 48 hours.
All of that is possible but, without any evidence to support my opinion other than a “gut” intuition, I don’t think/feel that the coming collapse will be total and cause the economy to utterly collapse within 48 hours. I’m more inclined to believe that whenever the moment of real collapse begins, the US economy will move downward as if on a kid’s slide or as downward stair-steps that require six months or more to reach the “bottom”. I believe the collapse will be painful, but not as sudden and catastrophic as the detonation of a bomb.
Other than that, I tend to agree with all of Holter’s arguments. I wouldn’t bet on whether the trigger moment happens before the end of October (or even before the end of September) but I agree that it could.
So, here’s Bill Holter’s interview and it’s worth your time.