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Alasdair Macleod – Eurozone’s TARGET2 Settlement System Could Implode At Any Moment

Silver Bullion TV, Released on 11/18/20

SBTV’s latest guest is Alasdair Macleod, Head of Research at Goldmoney. We discussed the rise of zombie banks in Eurozone and the devastating fallout of the impending collapse of the debt-laden TARGET2 settlement system on the rest of the world.

Discussed in this interview:
00:00 Introduction
01:53 Closing of the gold window in 1971 was a system failure
04:56 Weak money: The root of all economic & social problems
11:52 Can the US debt be repayed on default is on the cards?
13:43 Rise of Europe’s zombie banks
23:31 TARGET2 settlement system ready for implosion
26:39 Comparing the stock market crash in 1920s with 2020
34:00 Case for gold has never been stronger
38:44 Cryptocurrencies to die with collapse of fiat currencies

Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist.

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Perimetr

Alasdair is a voice in the wilderness. I think it must be frustrating for him to know so much and yet be essentially ignored by the powers that be. Although I have to say that I no longer accept that this process created by the banksters is at all a function of mistaken beliefs, quite the opposite, it is by design. The human race is being led into oblivion by those who only seek power and personal gain.