(Recorded Sep 30, 2019)
Why is the Fed rushing emergency injections of $75B per day into the banking system through bond repos, if we are supposedly "not in a crisis?"
AlasdairMacleod, head of research at GoldMoney.com, returns to Reluctant Preppers to lay out his analysis that indicates Deutschebank as the most likely target of this extraordinary bailout.
Macleod expounds further on what this massive attempt to rescue the most influential bank in the most influential country of the Eurozone means to us, the crisis-level of risk it reveals, and the grave implications to our financial lives as the crisis progresses towards sudden failure of the global banking and credit system.
Also: YOUR viewer questions are addressed in this timely interview!
Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist.