Adam Taggart
This week we bring back Alasdair Macleod, publisher of FinanceAndEconomics.org, because, as he puts it, "every horror that we discussed last time we spoke is coming about." This is especially scary since our previous conversation with Alasdair was less than three weeks ago…
Today's interview continues building on his excellent synopsis from last month that detailed the origins of the Eurozone crisis. The fundamental shortcomings warned of at the euro's creation in 1997, combined with the excessive sovereign debts run up since then, have finally expressed themselves at a scale too large to be contained any longer.
Today, Alasdair details in depth the huge and serious challenges facing Greece and the major Eurozone countries and the likely impacts of the fast-dwindling options left remaining.
He sees no happy ending to this story, no outcome in which serious pain and permanent behavior change can be avoided. And for those looking for shelter from the unfolding economic storm, he sees few options besides the precious metals (which he believes are severely underpriced at the moment):
Alasdair Macleod: All Roads in Europe Lead to Gold
This week we bring back Alasdair Macleod, publisher of FinanceAndEconomics.org, because, as he puts it, "every horror that we discussed last time we spoke is coming about." This is especially scary since our previous conversation with Alasdair was less than three weeks ago…
Today's interview continues building on his excellent synopsis from last month that detailed the origins of the Eurozone crisis. The fundamental shortcomings warned of at the euro's creation in 1997, combined with the excessive sovereign debts run up since then, have finally expressed themselves at a scale too large to be contained any longer.
Today, Alasdair details in depth the huge and serious challenges facing Greece and the major Eurozone countries and the likely impacts of the fast-dwindling options left remaining.
He sees no happy ending to this story, no outcome in which serious pain and permanent behavior change can be avoided. And for those looking for shelter from the unfolding economic storm, he sees few options besides the precious metals (which he believes are severely underpriced at the moment):
In Part II of Chris’ detailed interview with Alasdair Macleod on the inevitable outcome to the European credit crisis (click here for Part I), the discussion deepens, exploring a number of important topics including:
- What the key risks are at this stage
- What the most likely scenarios are
- Gold ownership and captial controls
- What options concerned individuals should consider
Alasdair Macleod (Part II): How a Collapsing Europe will Cause Asset Revaluations Worldwide
PREVIEWIn Part II of Chris’ detailed interview with Alasdair Macleod on the inevitable outcome to the European credit crisis (click here for Part I), the discussion deepens, exploring a number of important topics including:
- What the key risks are at this stage
- What the most likely scenarios are
- Gold ownership and captial controls
- What options concerned individuals should consider
Alasdair Macleod, publisher of Financeandeconomics.org, sees little room for a happy ending to the worsening European credit crisis.
In this interview, he builds on his excellent synopsis from earlier in the week that detailed how the crisis originated, essentially embedding a fundamental structural shortcoming into the entire Eurozone construct starting back in 1997. This flawed monetary model was exploited for temporal gain, and it worked very well, as long as the pie was expanding and nobody was looking too carefully at the mounting imbalances created as it chugged along beautifully. Everybody was getting rich on their Mediterranean villas going up in price almost daily.
This whole thing was bound to work until, mathematically, it couldn’t work.
Alasdair Macleod: Why the Europe Situation is Certain to Get Worse
Alasdair Macleod, publisher of Financeandeconomics.org, sees little room for a happy ending to the worsening European credit crisis.
In this interview, he builds on his excellent synopsis from earlier in the week that detailed how the crisis originated, essentially embedding a fundamental structural shortcoming into the entire Eurozone construct starting back in 1997. This flawed monetary model was exploited for temporal gain, and it worked very well, as long as the pie was expanding and nobody was looking too carefully at the mounting imbalances created as it chugged along beautifully. Everybody was getting rich on their Mediterranean villas going up in price almost daily.
This whole thing was bound to work until, mathematically, it couldn’t work.
In Part II of Chris' shocking interview with Bill Black on the extreme vulnerability that our economic system has to fraud (click here for Part I), the discussion deepens, exploring a number of disturbing topics including:
- Why there is such a crisis of accountability today
- Why future fraud-driven crises are inevitable if status quo continues
- What strategies are needed to reduce the prevalence of fraud
Bill Black (Part II): A Mess of Our Own Making
PREVIEWIn Part II of Chris' shocking interview with Bill Black on the extreme vulnerability that our economic system has to fraud (click here for Part I), the discussion deepens, exploring a number of disturbing topics including:
- Why there is such a crisis of accountability today
- Why future fraud-driven crises are inevitable if status quo continues
- What strategies are needed to reduce the prevalence of fraud
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by blaggers