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Dollar Dumping & Credit Crisis In 2024 | Alasdair Macleod (Part 1)
If interest rates fall, Dollar dumping will accelerate. Foreigners have already started selling the Dollar, says Alasdair Macleod, head of research at Gold Money. "It's becoming increasingly apparent that the US government is stuck in a debt trap," he says. He expects a credit crisis in 2024. The entire financial system is built on credit, he says, so a credit crisis will impact everyone. This is part 1. Part 2 will be released soon on this channel!
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INTERVIEW TIMELINE:
0:00 Intro
2:23 Gold outlook
11:00 Gold & credit
19:29 Banking system
30:30 Interest rates
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