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Financial writer Bill Holter says there is better than 60% to 70% chance that another financial calamity will hit in 2015, and it could start from anywhere in the world.
This is how wars start, and that is what this is about: the rest of the world wanting to trade and wanting to do business mutually and evenly and getting paid for trade. In the past with the dollar, the U.S. has gone into many places; and after the deal was unfair, they paid with dollars, which is an un-backed freely printed currency. That’s what the world is upset about. That’s what this tipping of the balance is about.”