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Trump is America’s Last Chance -John Williams, Greg Hunter Video

Saturday, March 25, 2017 21:54
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(Before It's News)

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By Greg Hunter’s 

Economist John Williams says President Trump has to do something fast and big to turn the faltering U.S. economy around. Williams explains, “You are seeing the economy slow down.  Some people are recognizing that.  The Fed’s statement a week or two ago . . . many analysts consider that dovish.  The Fed knows what’s going on here.  They are trying to get rates up a little, but they have a circumstance that they are not out of the woods with the banks.  What they are hoping for is maybe the Trump Administration is going to bail them out and stimulate the economy.”

Williams says “The banks are still not healthy. . . . The Fed is still fighting the battle it effectively lost in 2008.  Mr. Trump has several problems.  One is the economy.  One is the long term budget deficit, and the third is the Federal Reserve.  The Fed lost control of the system.  The system effectively collapsed.  They haven’t been able to bring it back to normal.”

Would Donald Trump simply default on the U.S. debt if countries around the world dump U.S. Treasury bonds? Williams says, “That would be an act of default.  You don’t want to do that. What Trump needs to do is address the long term solvency issues of the United States.  Then he can convince people that, yes, we are going to be able to handle this, and at the same time, take action to stimulate the economy.  That could be very bullish for the dollar fundamentally. . . . If they want this to work and save the system, and Mr. Trump will come out of this with his face on Mount Rushmore if he does, he’s got to turn the economy.  To do that, he needs to increase government spending in areas that would help stimulate the economy.  He’s got to cut taxes, and that is in the works in some form.  As part of the process, there very likely will be a widening of the budget deficit, which could kill the dollar and kill people holding Treasuries.”

Williams says Trump must address the “long term solvency of the United States.” Williams goes on to say, “If he does this, the rest of the world will say, boy, they brought things under control, and they would be happy to own the Treasury bonds.  I don’t know if this can be done, but this is what you got to do.”

If Trump does not succeed, Williams says, “The problem will be with the dollar. If the system is not brought under control, the rest of the world is going to dump the dollar. . . . The underlying fundamentals have not changed.  The U.S. dollar is, in the long term, insolvent.  What has changed here is that there is a chance that the Trump Administration can correct it.  As far as I can see, this (Trump) is the last chance to correct it.”

Join Greg Hunter as he goes One-on-One with Economist John Williams, founder of

(There is much more in the video interview.)

After the Interview:  

There is some free information and analysis on the home page of For more detailed information and weekly reports by Economist John Williams, you can become a subscriber for $175 per year.  Click here to become a subscriber.

(To Donate to Click Here)

Greg Hunter

Greg is the producer and creator of 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. 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.

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Total 5 comments
  • Just by Reading the Articles here at BIN, Tells and Show that almost 30,000 Retailers are closing Stores and Going out of Business, The Full collapse began on March 15, Ida’s on March, by June 1st, the People, We will be in a Global Depression, The gov has been lying and fudging the numbers on every thing, be prepared and stock up cause it has begun.

  • Yes Trump is America’s last chance . He will NOT make America great again. The Roman empire had its day and then was gone. So it is with the American empire ,it has had its day. All Trump can do now is to soften the crash.
    Nut he can only do it if the right people come to his aid ( see the open letter that I wrote)

  • Man

    Didn’t BIN boasted that wallstreet was doing great because and broke the 21.000 points because of Trump?

  • Yes Trump is our last hope. The powers that be will not give up easily if at all. This is a horrific uphill fight that he can’t do by him self, I hope he gets the right people to help him…We need to keep praying.

  • If Trump is America’s last chance, then it’s over.

    Here’s what we’re doing so far: Increasing our troop numbers in Afghanistan, Iraq and Syria. Hurling threats at North Korea and China. Moving forward with a total waste of money on a stupid wall on our southern border when it would be much easier to just patrol it with more officers and drones. Approving more large oil pipelines through our country that have a history of breaking apart – even as the price of oil drops and new sources are discovered in Texas. Enhancing the Saudi dictatorship to destroy Yemen and bring about massive famine in that location. Increasing the military budget yet again with no effective accounting in place and so the likelihood of losing another 10 trillion dollars in the next ten years can confidently be predicted.

    Trump is America’s last chance? Chance for what – to continue with more of the same?

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