Missed Payments In Production Chains Will Collapse System: Alasdair Macleod
Missed Payments In Production Chains Will Collapse System: Alasdair Macleod by Rory for The Daily Coin
I sat down with Alasdair Macleod, Head of Research for Gold Money to get an update on the FMQ (Fiat Money Quantity) since there has been about a dozen cargo ships filled with digital dollars spewed all around the world. Well, it turns out that not only is this a massive problem that we’ve all known is a problem, but there is another problem lurking just beyond the surface that no one is discussing, nor is anyone calculating this situation into their analysis.
The biggest problem which nobody can really see is the missed payments in the production chains. To try and quantify that, you don’t look at GDP…you look at gross output. Gross output takes in all the payments steps starting with a number of basic products and services which you put together to produce a final product. ~Alasdair Macleod for The Daily Coin
Let that sink in just a minute. If you’re building a product that requires 25 inputs of manufactured products and 6 different services to ensure the manufactured products are able to arrive, be accounted and stored, well, if one of these 31 different entities stops making payments on some aspect of their company you have a problem. If 3-4 of the companies are impacted in the same way, you not only have a problem, you will shut down until something changes or you are able to source those goods and service from other companies. This is a massive chain reaction that will not simply restart by one company bringing their products or services to the table.
The important issue of the day is the train wreck that is the financial system. Disintegrating before our eyes. And don't forget it includes derivative markets. In my field, experts make great argument but miss the point. Comex and LBMA are falling apart.
All you need to know.
— Alasdair Macleod (@MacleodFinance) April 1, 2020
If you throw all the other problems that are currently being unleashed, coupled with the massive money-printing operations going on around the world, well, it is a recipe for disaster. It is a recipe for a global reset, or some type of global change in the monetary, financial or economic world that touches all our lives. What is unfolding right now is beyond anything anyone can explain. If someone says they know what’s going on, run away.
Alasdair offers some insight into what we see happening. Mr Macleod does not possess a crystal ball and therefore is unable to see into the future. He does, however, possess a pencil, a ledger sheet and world of knowledge surrounding what’s happening in the economic / financial aspect of the coronavirus and the global shutdown of commerce. This is the focus of the next 20 minutes in the video below.