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The Ability to Prevent a Crash No Longer Exists -Bill Holter
TND Videocast Spotlight: Greg Hunter’s USAWatchdog.com
Financial writer and gold expert Bill Holter says the powers know that it physically can’t put off a financial crash much longer. Holter contends, “The system has gotten too big. The system has gotten bigger than the creators of the system, if you will. It is bigger than the sovereign governments collectively. It’s bigger than the central banks collectively. There’s too much debt. Too many sovereign governments have bumped up against debt saturation. In the U.S., we are over 100% debt to GDP. We are way over 100% debt to GDP if you include all debt. If you include all the off-book guarantees, Social Security, Medicare, Medicaid and all the other promises, we have blown up as far as debt to GDP ratios. So, the ability to prevent a crash no longer exists.”
For the people who think central banks can print money to infinity, Holter advises, “People have the belief in central banks because, to this point, it has worked. So, they extrapolate that it will always work. What they are not factoring in is many sovereign governments have reached debt saturation. In other words, many governments have gotten to the point of Greece or Puerto Rico. It can’t take more debt. The problem in Europe is the individual countries can’t print money. The U.S. can print money. The question is will foreigners accept what we print forever? The answer is no.”
Holter says the Fed will print more money. It will be forced to and it will not work the same as other money printing. Holter explains, “The next one, in my opinion, is going to be ‘QE Forced.’ It’s going to be forced on the Fed.”
Click here to read the rest of Greg Hunter’s write-up and to access the active comment section.
After the Interview: Bill Holter is a prolific writer, and you can find his work nearly every day of the work week onJSMineset.com.
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About Greg Hunter:
Mr. Hunter is the producer and creator of Greg Hunter’s USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. Greg Hunter’s USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows. Greg encurages feedback and welcomes comments. You may also support USAWatchdog.com by clicking here to donate. Reprinted with permission. 
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Source: http://thenewsdoctors.com/the-ability-to-prevent-a-crash-no-longer-exists-bill-holter/
At this point a little explanation is in order, QE has been a central bank selling government bonds to a select number of banks at fixed rates below market cost enabling those banks to recive bailouts from their gambling, get juicy influence in government with legal protection from their casino economy monopoly. In return these banks created money on their ledger books using these bonds as principle, bought stocks, gambled on derivatives and were supposed to have lent money to individuals and companies(which never happened), the money instead simply caused a bubble in the now Plunge protection team protected Stock Exchange. In return to protect their host the banks shorted every other currency bar the Dollar pound etc. who did not provide QE to banks. This was at no risk to the banks, because they now ARE the market having driven out average Joe bloggs and his pension fund to the wall with insider trading and fixing of Libour rates among other fixes and tweeks of market stabilisation made possible by an oligarchy which has been in effect since the 19th C.
Stocks are traded by computer(gambling by shorting using money meant to be bank profits) using calculations faster than human thought entirely automated, which is entirely ok since nothing is actually being traded as was discovered during the NYSE shutdown when the plug was pulled several times during the day on July 8th 2015 and trading continued as if nothing had happened(there is a basic trading pattern which occurs without there being any trades(http://wallstjesus.sanglucci.com/action-in-review/july-8th-2015/)).
The borrower is servant to the lender.
Here is how Jefferson cut the federal debt in his day. America needs to pay down its debt.
http://historynewsnetwork.org/article/149745