Palisades Gold Radio: The Coming Financial Iceberg (w/ Alasdair Macleod)

Palisades Gold Radio Dec 13, 2022 Alasdair Macleod discusses the risks of being a creditor to a bank and the potential for depositor funds to be used to bail-in a bank in the event of its failure. There is potential for a crisis of confidence as such legislation has been passed by the G20 countries and should be a concern to large depositors. He then looks at the derivatives market, which has grown massively since the 1980s during a declining rate environment. Now we’re at the point where interest rates have nowhere to go but up. This, along with off-balance…