Euroclear & the Hidden Collateral Machine (Webb’s Warning)

Donate: 🙏 https://www.buymeacoffee.com/slobodnipoI James Patrick cites author David Rogers Webb and argues the only realistic defense is political: changing laws so that the true owners of securities have priority in a crisis. He points to early moves in South Dakota and Tennessee, but says the EU is harder because member states follow EU-level rules. He also attacks Euroclear as a central piece of the European custody system, claiming it enables the reuse of citizens’ assets as collateral — and says the public (and even many brokers) don’t understand how the structure works. Full episode: https://www.youtube.com/playlist?list=PLJTy3oXCzHShsVuJ-zfiGnx96nuR-BNWB WEB: https://slobodnipodcast.hr/2025/03/09/slobodni-podcast-106-james-patrick-veliko-otimanje-the-great-taken/