Alasdair Macleod (https://alasdairmacleod.substack.com/) discusses the deepening fiscal and political crises facing both the UK and the U.S., drawing parallels between their debt-driven economies. He criticizes the UK’s new government for raising taxes and spending simultaneously, which he argues has backfired by driving out high-income taxpayers. Macleod warns that most Western economies are already in recession once government deficit spending is stripped out, and that official statistics are increasingly unreliable. He expresses concern over the widespread manipulation of economic data, AI-generated misinformation, and the illusion of economic stability. Ultimately, Macleod sees gold and silver as the only trustworthy safe havens amid growing global financial instability.
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INTERVIEW TIMELINE:
0:00 Intro
1:30 Fiscal irresponsibility
21:45 Propaganda
32:30 Stocks market & gold
50:00 Alasdair Macleod's substack
52:30 Weekly specials
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