Note from Bill Holter to Jim Sinclair

from JSMineset Jim, The world’s problem in a microcosm! The derivatives problem and ALL of the credit problems exist because there is simply NOT ENOUGH MONEY TO SETTLE all the trades …so they must create more. Money today is created by the creation of new credit …in a world where debt saturation has already occurred! They MUST create more “money” but cannot carry more debt… That is the problem in a very targeted nutshell! Bill Holter

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