David Morgan: What Will A Debt Reset Look Like?

Liberty and Finance, Released on 1/20/24

The FDIC has reported that the banks in the U.S. have more than $600 billion in unrealized losses. While the powers that be can paper over the problem for a while, they can’t indefinitely. “There’s no way out of this mess,” says David Morgan, “It’s a very precarious situation.”

0:00 Intro
1:45 Banking system
10:57 Unsustainable system
16:05 Cyber attack
19:40 Gold & silver
24:49 Outlook for metals
27:45 Brokerage risks
33:20 Last thoughts

Morgan’s interview with David Webb: https://www.youtube.com/watch?v=SE1OvPeYJOY

David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David’s educational mission also makes him a prolific author, having penned Get the Skinny on Silver Investing, The Silver Manifesto and, most recently, Second Chance: How to Make and Keep Big Money from the Coming Gold and Silver Shock.

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