Economist Jim Rickards: The Global Clearance and Settlement System Might Collapse After Seizure of Russian Assets

Economist Jim Rickards: The Global Clearance and Settlement System Might Collapse After Seizure of Russian Assets

10.04
Economist Jim Rickards: The Global Clearance and Settlement System Might Collapse After Seizure of Russian AssetsJim Rickards, an economist and author of the best-selling book ‘Currency Wars,’ has issued an alert about the possible collapse of the global clearance system. In a recent interview, Rickards noted that Euroclear, a settlement service, holds $200 billion in Russian assets. He further explained that Euroclear could face lawsuits if Western countries seize these […]

source https://news.bitcoin.com/economist-jim-rickards-the-global-clearance-and-settlement-system-might-collapse-after-seizure-of-russian-assets/


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