In The News Today

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Bill Holter’s Commentary

WOW, homeowner mortgage payments up 35% since the beginning of the year!

‘It is error alone which requires the support of government. Truth can stand by itself.’ Thomas Jefferson. (1743-1826).

Bill Holter’s Commentary

NATO pokes the bear even more?  Cannot even imagine the dollar/ruble cross when this is all over?

Why Is Lithuania Risking Russia’s Wrath Over Kaliningrad?

Ryan WhiteTue, June 21, 2022, 2:06 PM·3 min read

Lithuania imposed a ground transit ban of EU sanctioned Russian goods through its territory on Saturday, cutting off the Russian exclave of Kaliningrad Oblast.

The governor of the oblast, Anton Alikhanov, said the ban will block half of all goods coming into the territory, the majority of which travel via railroad. The ban will also cut off Kaliningrad’s only oil pipeline from Russia.

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Bill Holter’s Commentary

Simple answer is yes…

Has Crypto Endangered Federally-Insured Big Banks? Ask State Street

There have been a number of articles lately attempting to reassure Americans that the crypto carnage will not cause financial instability or an economic collapse in the U.S. like that of 2008. The fact is, absolutely no one can say with any degree of certainty what will be the outcome of this unprecedented era of reckless investing. That’s because anything that causes the megabanks on Wall Street to pull back from lending to one another or to major counterparties – out of fear that the institution has dangerous crypto exposure – could cause the same contagion effect that occurred in 2008 from opaque derivatives and toxic subprime debt exposures.

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Bill Holter’s Commentary

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