![\"\"](\"https:\/\/usawatchdog.com\/wp-content\/uploads\/2021\/10\/Bill-Holter-10.12.21-pic.png\")
<\/a>By Greg Hunter\u2019s\u00a0USAWatchdog.com<\/a><\/strong>\u00a0<\/strong><\/p>\nFinancial writer and precious metals expert Bill Holter has long predicted the bloated indebted financial system, at some point, was going to go down.\u00a0 According to Holter, the wait is over, and he says, \u201cIt\u2019s imploding now.\u00a0 When will it fully go down? \u00a0It could be few days a few weeks or maybe a few months, but the system is coming down now. \u201d<\/span><\/p>\n The $62 trillion \u201cPonzi scheme\u201d real estate market in China is imploding and reportedly has at least $6 trillion in sour debt.\u00a0 In America and the rest of the world, they are printing more just to keep the system afloat.\u00a0 It\u2019s in the process of sinking, and that could unleash a financial crash no one alive has ever seen before.\u00a0 There is big unretractable inflation, labor shortages and severe supply chain disruptions, and it\u2019s going to get worse.\u00a0 It\u2019s a nightmare of deflation and inflation at the same time.\u00a0 Holter explains, \u201cIn Chinese real estate, the volume has dried up and prices are now following.\u00a0 That\u2019s obviously a deflation.\u00a0 Just look worldwide at goods that people need like food and basics.\u00a0 There is inflation everywhere throughout the entire world.\u00a0 That inflation is a function of the money supply that has been pumped into the system. . . . Now, the problem is central banks have put too much money into the system, and you are obviously seeing the inflation . . . . 35% of all dollars outstanding today have been created in the last 12 months.\u201d<\/p>\n Holter paints a picture of a near perfect storm for crashing the economy while inflation has been set on fire.\u00a0 The labor situation is just throwing gas on the inflation fire.\u00a0 Holter points out, \u201cOf course, inflation is being exacerbated now by the supply chain problems.\u00a0 You had economies start and stop and start and stop all over the world.\u00a0 That hurt supply chains.\u00a0 Now, you have these ridiculous mandates where people value their lives more than they value getting stuck with a clot shot.\u00a0 So, you\u2019ve got workers that are walking off in the middle of a supply chain crunch only making it worse.\u201d<\/p>\n In closing, Holter says, \u201cAt this point, every day you wake up you are only 72 hours away from anarchy.\u00a0 The reason being is 72 hours is three days.\u00a0 A person can go three days without food and then pretty much lose it. . . . If you have a system that goes down and store shelves are empty or stores are closed or whatever, you are going to see anarchy. . . . Compared to two years ago, this is night and day.\u00a0 We are on the doorstep of total tyranny, and at the same time, you have supply problems and obvious financial problems. \u00a0You have a broke U.S. Treasury talking about spending another $5 trillion.\u00a0 Really?\u00a0 Where is the $5 trillion going to come from? \u00a0\u00a0Oh, we\u2019ll just print it.\u201d<\/p>\n Holter\u2019s advice, \u201cBuy real stuff now,\u201d and \u201cstock up on everything you think you are going to need for the next few years.\u201d Holter also likes gold and silver, especially silver because \u201cit is the most undervalued asset on the planet.\u201d (There is much more in the 34 min. interview.)<\/p>\n Join Greg Hunter as he goes One-on-One with financial writer, precious metals expert and broker Bill Holter of\u00a0JSMineset.com.<\/a><\/p>\n (To Donate to USAWatchdog.com Click Here<\/strong>)<\/p>\n