Bill Holter -- Total Chaos for Three Months After Next Crash

What will it look like to the man on the street when the next financial crash happens? Gold expert Bill Holter predicts, “On the streets here in the U.S., you are probably looking at total chaos. . . . Once the banks go, especially in the cities, you are going to see complete chaos because the average person has about three days of food stocked up, or maybe five days of food stocked up. When the banks go down, distribution will stop. When distribution stops, the stores, and you just saw this in the Northeast, the stores are wiped out in a day or two. They have just-in-time inventories. It’s not like they have loaves of bread sitting in the back waiting to be put on the shelves. Once distribution stops, the shelves will not get replenished. Truckers will not be paid, and you can take that all the way down to the farmer. Everything is run on credit, and once credit stops, it’s over. When it’s over, we have 48 or 50 million people on food stamps . . . those people don’t have any food stocked away. So, there is an immediate 50 million people who will be out on the streets looking for food. . . . If you go back to the Great Depression, you had bread lines. There are bread lines today, but the lines are the little EBT cards, and there are 50 million of them. . . .All is not well because we have 15% of the population who can’t even feed themselves.”

How long would people have to be on their own until the government got credit lines running again? Shockingly, Holter predicts, “I would say the absolute minimum would be three months.”



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