Bill Holter: Expect Standard Of Living in U.S. to Drop by 30-50% (Video)
BY VOICE OF REASON
THELASTGREATSTAND.COM
TUESDAY, JANUARY 3RD, 2017
If you’ve become accustomed to listening to interviews with Bill Holter, one of the world’s leading forensic economists, then you’ve no doubt gotten used to interviews that take a somewhat less than optimistic tone, and not just about our own country’s future, but also with respect to the global economy in general. Don’t expect this interview to be much different.
In the video below, Bill joins the X22 Report, and the first topic covered is the current banking crisis unfolding in Italy. Right now, Italian banks have an $8 billion shortfall to meet their capital requirements. More and more, investors are realizing that Italian banks are having solvency issues, as a result of their lack of liquidity.
Bill further explains that alarm bells should be sounding everywhere, because the problems the Italian banks are experiencing are emblematic of Western banking as a whole, but because our media and our politicians are so dishonest, many Americans are of the utterly false belief that a President Trump will be able to “right the economic ship,” so to speak. They will be blindsided by the coming collapse.
The Rest…HERE
