Financial system looking for a crisis to take the blame for global debt defaults

Saturday, September 6, 2014
By Paul Martin

by: J. D. Heyes
Saturday, September 06, 2014

As time passes and the world becomes more chaotic — and poor, with the exception of the uber-wealthy, whose income and worth just keeps rising no matter what happens around the globe — more and more financial experts and economic analysts have become uber-pessimistic, especially about the financial future for the debt-ridden United States.

You can add financial analyst and writer Bill Holter to that list. In a recent interview with Greg Hunter’s USA Watchdog, Holter says he believes that the elite power brokers in the U.S. and around the world are well aware of the fragile nature of the economic system and are set to play a major blame game when — and he says when — the coming crash hits.

“I believe that they know the financial system is upside down and there is no bringing it back, so they do need to have something to point at,” he told Hunter. “It could be a war with Russia. We are trying as hard as we can to create a war, and it looks like Russia, and Mr. Putin, is trying as hard as he can [to not] have a war.”

Holter continued: “There could be any number of things to point at. It could an Ebola virus outbreak. It could be the Saudi Arabians accepting euros, gold, rubles, yuan, what have you. It could be anything. There are dozens of topics.”

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