Currency Supply Collapse Looms
The shrinking of the M2 currency supply could be cataclysmic to the debt-based financial system, which might well trigger a massive collapse across the corporate world.
Financial guru Bill Holter warns investors that there might not be enough time to recover. “All you’re going to need is one large institution to become upside down and not be able to pay, not be able to perform on their derivatives, and that will spread like wildfire,” he says. “I don’t imagine it will take more than 48 to 72 hours until everything comes down once the first major entity collapses and defaults.” Holter explains further on the Liberty & Finance podcast, with host Dunagun Kaiser.
