The System Is On Fire - There's No Way Out | Bill Holter

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Bill Holter warns of an impending U.S. Treasury default due to skyrocketing interest payments projected to exceed $1.5 trillion annually. He argues that the Federal Reserve is fundamentally broken, lacking the equity to support its massive balance sheet. Holter contrasts the communal resilience of the Great Depression with today's fractured society and expresses skepticism about the future of U.S. elections. He believes a leadership change could worsen the country's decline. The conversation ends with personal anecdotes about his beloved horse and a humorous take on societal behaviors.