"This Crash will be Worse than 1929" - Alasdair Macleod on the End of Fiat Money and What Comes Next

Paul Buitink talks to former stockbroker and banker Alasdair Macleod, who runs his own newsletter and blog.They discuss at length why the credit and asset bubble will pop and how it will usher in the end of fiat money. Alasdair Macleod lays out what the triggers will be and how the main currencies will be affected. Today looks like 1929 with a credit bubble and trade wars, but is much worse due to how connected the world is. The euro probably looks the worst of them all.He ends with an analysis of what comes next and how people should prepare.Gold, silver, Bitcoin, stable coins, CBDC are all addressed.Follow Alasdair Macleod here:https://www.macleodfinance.com/https://x.com/MacleodFinanceFollow Paul Buitink on X:https://x.com/paulbuitinkTimestamps:0:00 Intro – Is Alasdair family of Trump?1:54 Are Alasdair and Trump family?2:20 Trump’s good and bad policies, and relation with Epstein3:50 Parallels between now and 1929: credit conditions, asset values and tariffs9:36 Gold and silver confiscation and paper metal markets12:43 Physical gold and central bank repatriations14:37 Central banks will start QE and lower rates19:27 The mother of all bubbles22:01 At what rate and yield level will things break?22:33 Dumb money: pension funds24:37 Duration of debt is changing25:59 Stable coins to the debt rescue27:03 What will come after the crash: G7, BRICS and gold32:36 Is it time for market based currencies to take over?35:22 Stock market outlook36:47 US crypto capital of the world, should you buy crypto?38:42 Can central banks delay the bust? CBDC41:48 Will national currencies survive such as the pound43:28 The bleak outlook for the euro47:58 Alasdair’s mission to educate the ordinary people