It Will Only Take About Three Hours for Our Entire Country to Shut Down

by Chris Hunter, Bonner and Partner It would only take about three hours for our entire country to shut down. I know that must sound impossible, but I know this for a fact… You see, the last time our credit system came to the verge of collapse… that’s exactly what nearly happened… On a Friday in 2008, Senator Richard Burr (N.C.), chairman of the Senate Intelligence Committee, called his wife, Brooke, to tell her that he wasn’t coming home that weekend… he had urgent business in D.C. He also gave her one very important instruction: Go to an ATM. Take out everything you can. Out in California, the CEO of PIMCO, the largest mutual fund in the world, was telling his wife the same thing… “I said, just go to the ATM. I’m not sure the banks are going to open tomorrow. And she said to me, you must be kidding. I said, ‘no.’” I’ll bet that sounds extreme… But what you may not know is that at the time, the U.S. was just hours away from total systemic shock… At 11 a.m. the Federal Reserve had noticed hundreds of billions of dollars starting to disappear from the American economy… A massive loss of faith in the system had prompted big players to get their money out while they still could… In response, the government began injecting money… billions… trying to “liquefy” the system… And watched helplessly as it vanished without a trace. Congressman Paul Kanjorski remembers panicked meetings with Secretary of the Treasury Hank Paulson and Chairman of the Federal Reserve Ben Bernanke behind closed doors in Washington that day… He would later admit that if not for one last-ditch effort…

The entire United States of America would have gone dead in the water by 2 p.m. that afternoon…

Shocking, I know… especially because most people today still don’t realize how close we came to a full-scale shutdown… Or how close we still are. Just look at the chart below… 060415 DRE creditwcircle You see, this situation never actually got resolved… The credit system is still dangerously high… And growing. P.S. The full, shocking details of Bill’s warning to America are highlighted in his new special report. And you can listen to it right here.

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