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Plausible? Ignore the marketing spiel. Listen the gold market commentary from about 16 minutes in.

 

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The Unfolding Global Insolvency (& Reboot) - partial summary, v 0.3

We are now in the biggest global economics shock in History.
There are bound to be long term consequences, from the high slide in supply & demand,
And the shock to global liquidity.
Even with the massive money printing, banks are bound to be very cautious with their lending.
They will hold onto the cheap funds they get from Central banks.  Debt will be difficult and
Expensive to obtain, the further a company or an individual is, away from the favored circle
Of first class corporations, that banks will be willing to lend to.
Many lower quality credit borrowers will be tardy in paying, or will outright default.
Baby boomers with their funds in the stock market, will be pulling them out, so they can
Assure their retirements, which are suddenly looking much less secure.  

OUR GLOBAL ECONOMIC SYSTEM IS NOW AT RISK
What is at risk, is the solvency of the entire system, and confidence in the Dollar standard.
The system has been weakened by years of blowing up bigger and bigger bubbles in
state & corporate debts, and in over-valued stock markets.  Coming demographic changes,
and mainly retirement of baby boomers, who will want to live on savings and pensions
will put extra pressure on Valuations.  Because of low rates, retirement funds are largely
invested in the stock market, leave the system fragile, and highly vulnerable to any loss
of confidence in insecure “promises” - ie we have shaky debts and fiat currencies.
Ultimately,  a Debt jubilee may be the only way to “cure” the problem of excessive debts.
A “solution” of the type seems inevitable.  This could be the end of the Dollar and the Euro,
Replacement with a New currency is likely, perhaps a crypto backed by gold, or linked to
the SDR (ie a basket of global currencies.) In this crisis, spending will slow as people will
be cautious, and economic growth will take years to recover to pre-Covid levels.

(That is my own quick summary & some personal thoughts… Still in process !!
On this excellent 120 page report, the Unfolding) : >
https://drive.google.com/file/d/1nWQVpbyeVqwB1qHHVXs1G19b9_iUvrX9/view

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