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

• Silver Bullion TV
  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. For more of Alasdair Macleod’s insights, please visit: https://www.goldmoney.com/research/go…
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  Discussed in this interview:
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  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 repaid 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

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