The Debt Problem

Published on
August 17th, 2018
Topic
Credit Market, Debt
Duration
13 minutes
Asset class
Bonds/Rates/Credit

The Debt Problem

Featuring William White

Published on: August 17th, 2018 • Duration: 13 minutes • Asset Class: Bonds/Rates/Credit • Topic: Credit Market, Debt

William White is a former chairman of the Economic and Development Review Committee at the OECD and Economic Adviser to the Bank of international Settlements. He sheds light on debt restructuring, central banking, and where problems lie within the world’s financial institutions. The full version of the piece which this is excerpted from was published on Real Vision on August 17, 2018.

Comments

  • BC
    Burton C.
    20 January 2019 @ 00:53
    Mr. White's knowledge of Roosevelt's and the Supreme Court's stripping of gold contracts out of the US monetary system is woefully delusional. This occurred through the Executive order #6102 in 1933 (not 1932 as stated). He seems to think this was a good and wise thing for the judges to rule for. In fact it was a violation of contract law which he later states is a worthy principle of the US System. He doesn't seem to see the relationship. Not surprised as he is a central banker. I would recommend Mr. White read Justice Jame McReynold's scathing condemnation of this ruling in his dissenting opinion made after this ruling in 1933. It's a worthy education.