The Next Black Swan? Expert Warns of an Economic Crisis that Could Strike Without Warning

“I think we are at peak dollar... But it’s not something that’s going to happen overnight; it will take decades to unfold,” says Clive Thompson, retired managing director of Union Bancaire Privée in Switzerland. In an interview with Daniela Cambone, Thompson delves into the dangers of the insurmountable debt burden facing the U.S. economy. “The real debt will be more than double what it is today. And the interest being paid on that debt is probably going to be four or five times what it is today,” he warns, painting a sobering picture of the future. Thompson also sheds light on the growing crises in Europe, highlighting the fragile state of the eurozone. “If the euro collapses, every country will start pulling in its own direction. It will be chaos.” Watch the interview now to gain insights into Clive Thompson's perspective and learn how to navigate these turbulent times.
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📖 CHAPTERS:
00:00 Insurmountable U.S. debt
12:33 Stock market crashes in history
14:30 U.S. dollar
16:40 European policial chaos
20:39 Gold
26:26 Bitcoin
28:10 Gold performance
29:15 Banking system

Source: https://www.youtube.com/watch?v=3G9e30__WfU