US Debt Collapse Spiral: Gold Will Re-emerge | Clive Thompson
Confidence in US government debt is going to collapse, says Clive Thompson, formerly in wealth management and Swiss private banking. "We could get into a phase where there's a spiral. People suddenly lose confidence in holding government debt, and they all rush to the exit at the same time." Gold will re-emerge as the currency of choice, he says.
Clive Thompson's LinkedIn: https://lnkd.in/gA9BcW7U
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INTERVIEW TIMELINE:
0:00 Intro
1:00 Gold misconceptions
7:30 Inflation coming
15:52 China's gold buying
19:07 Gold vs US dollar
25:00 Stand up against the reset
30:38 Clive Thompson online
31:50 Weekly special
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