2023-05-25
Banking crisis slow rolling to ... what exactly?
This is speculation, but sometimes speculation gives us a hint of what we might be facing.
A financial crash has been mooted for some time now - higher interest rates mean fewer loans, fewer loans means a reduction in the available money supply - leading to deflation, and bankruptcies - and fewer loans ...
" ... for a period of time you're going to be on your own ... "
Bill Holter speculates with Greg Hunter of USA Watchdog.
(39 minutes.)
