Steve Quayle joined The Alex Jones Show to warn Americans of the coming banking collapse.

"In two days, $149 trillion comes due in derivatives. And derivatives are nothing more than bundles of debt sometimes sold up to 100x in which there are a hundred different claims against, let's say, all the mortgages in Austin, Texas…as an example," Quayle told Alex Jones Wednesday.

"The credit card companies are absolutely changing all their terms and conditions on the night of the 14th…the 12 largest banks are saying your credit cards…we're not going to use your services any longer."