Alasdair Macleod expects a general systemic collapse in the near future. It is possible to postpone the inevitable by creating more currency, he says, but “I think markets will just call ’time’ on the whole thing. It can’t be far away.“ He says only physical gold and silver will retain value in this period.
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INTERVIEW TIMELINE:
0:00 Intro
1:57 Pound sterling
9:55 Financialization
16:45 Currency devaluation
20:40 Insurance companies
24:00 Government’s interest
32:30 Collapse coming
37:25 Miles Franklin
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