Jim Sinclair's interview with Ellis Martin explains the consequences of SWIFT's selective exclusion of nations and banks from the international settlement system, and elaborates the ideas reported in February's posting here.
Listen to Jim Sinclair's interview with Ellis Martin here, in which Mr Sinclair argues that SWIFT's actions are an act of war which will shift international settlements and currency demand from the US dollar to yuan and euro trading blocks. US dollar strength, currently underpinned by strong demand for international settlement, will be significantly weakened as the US dollar finds less use as the global reserve currency.
I acknowledge Ellis Martin and Jim Sinclair.
Listen to Jim Sinclair's interview with Ellis Martin here, in which Mr Sinclair argues that SWIFT's actions are an act of war which will shift international settlements and currency demand from the US dollar to yuan and euro trading blocks. US dollar strength, currently underpinned by strong demand for international settlement, will be significantly weakened as the US dollar finds less use as the global reserve currency.
I acknowledge Ellis Martin and Jim Sinclair.
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