Liberty and Finance, Released on 7/11/22

“This is a potential banking meltdown,” says former bank director Alasdair MacLeod, head of research at Gold Money. There is a new emerging debt crisis in the Eurozone. The Euro is dropping to parity with the U.S. Dollar, and things are about to get much worse. The problem is not just going to impact Europe, though Eurozone banks are extremely leveraged. For American banks, “it’s very hard to avoid that systemic risk entirely.” He explains how to protect against a potential crisis in the banking system and global currencies.

0:00 Intro
1:10 Saudi Arabia
13:33 Dollar dumping
17:52 Eurozone
36:50 Global collapse
44:20 Yen’s demise
47:20 Gold is money
51:40 MacLeod online
53:03 Miles Franklin

Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy.