“There are decades where nothing happens, and there are weeks where decades happen.”
–Vladimir Lenin
I’m very fortunate to have a host of experts available at the click of a button. People who can offer advice, speak the truth and help all of us navigate choppy waters. But, there’s no one I turn to more than my good friend Jim Rickards, especially right now, with all of the chaos engulfing the economy.
Jim is a straight shooter who deals in facts and evidence. He’s forgotten more than most will ever know when it comes to financial matters, investing and geopolitical issues. Jim is the man that predicted the biggest financial crash in American history, but he says even that will pale in comparison to what is on the horizon right now.
Jim is a former lawyer and investment banker turned economist and bestselling author and if there’s one thing you can guarantee with Jim, it’s that he’ll leave you with more answers than questions, and offer some rock-solid advice for protecting your wealth.
These are no normal times, but if there’s one man who has been around his fair share of financial crises and economic upheavals, it’s Jim Rickards. Jim believes we’re staring in the face of a collapsing global economy, and he’s been right many times before.
Yes, on top of the war in Ukraine, sky-high inflation and an energy crisis that is continuing to spiral out of control, we now have the prospect of banks failing left and right, and what Jim describes as the biggest bailout in history, the repercussions of which are unimaginable.
Jim spent over 35 years smack bang in the beating heart of Wall Street, holding senior positions at some of the world’s largest financial service institutions including Citibank, Long-Term Capital Management, and Caxton Associates.
For many, Jim Rickards is the man who negotiated the $4 billion rescue of LTCM sponsored by the Federal Reserve, a crisis that came within hours of shutting every major securities exchange in the world.
For others, he’s the bestselling author who makes it a habit to top the New York Times bestseller list with his hugely successful catalogue of books including The New Great Depression, The Road to Ruin, The Death of Money, and Currency Wars.
In his last book – Sold Out: How Broken Supply Chains, Surging Inflation and Political Instability Will Sink the Global Economy, Jim explores the idea that consumer frustration is only the tip of a very large, menacing iceberg that threatens global economic collapse. The book is a must-read and breaks down why the shelves in the food store are empty, who fractured the supply chain and why these shortages will persist.
During his time, Jim has advised the US Department of Defence, the US intelligence community, and major hedge funds on global financial issues, and has served as a facilitator of the first-ever financial war games conducted by The Pentagon.
He is a guest lecturer in globalisation and finance at the School of Advanced International Studies at Johns Hopkins University, Georgetown University, Trinity College Dublin, the US Army War College, and the National Defense University, while his insights and observations are featured regularly in some of the biggest publications in the world including the Financial Times, Evening Standard, The Telegraph, New York Times, and Washington Post.
On top of all that, Jim is the editor of the financial newsletter, Strategic Intelligence, which I highly recommend for anyone trying to get a better handle on what’s really happening. Jim is keen to point out that each financial crisis is worse than the one before and with events unfolding over the last month we’ve likely reached the point where the crisis has become too big for the FED to stop!
“I’ve lived through all of these, and more or less been directly involved in all of them, and this is orders of magnitude greater in terms of what’s being bailed out.”
Of course, who suffers most, in the end, is you, the taxpayer. One way or another regardless of what they say, everyday people will foot the bill. Jim believes it all comes down to leadership, and right now the US is suffering from a complete lack thereof.
Jim explains that the sanctions on Russia have failed miserably and despite the huge support from the US both monetarily and in terms of weapons, Russia will inevitably win this war. Jim believes Biden has created a major drag on world trade and with the BRICS alliance moving forward at pace, the dollar will no longer serve as the global reserve currency.
I always look forward to my conversations with Jim, as for every warning there’s a dose of insight that we can use to our advantage. The world is changing, but it is up to us to make sure we’re ahead of the game. I can’t wait to discuss the economic implications of what’s happening right now, the Presidential race, the climate change agenda and the potential dangers of artificial intelligence.
“It’s time for Americans and citizens around the world to learn the facts, push back on the elites and reestablish public policy based on real science. It’s time to push the flawed models, phoney data and bogus warnings out of the way.”
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- Are we really in a global recession?
- If this isn’t a recipe for recession, I don’t know what is
- Predictive patterns of the Ukraine war
- Russia’s economy thrives amidst sanctions
- How the war in Ukraine can be stopped with a phone call
- Robert F. Kennedy Jr.’s campaign for truth
- The US Presidential election: the race is on!
- Can Donald Trump win the 2024 US election?
- What would happen if Joe Biden dies?
- The rise of BRICS and a new currency to challenge the existing world order
- The BRICS will go after the US dollar
- Investigating Ukraine’s alleged role in Twitter censorship
- Exposing the Biden crime family
- Unmasking the Green scam
- The gloomy global economic outlook
- These are all bad signs for our economy
- All the signs for a recession are there for all to see
- War, lies and how to navigate your way to the truth
- You can lay the entire Ukrainian tragedy at Biden’s feet
- US politics is run by delusional people
- How the US is bankrupting its economy
- The US just won’t quit spending money on the Ukraine
- The war in Ukraine should never have started
- Why RFK Jr. could win in New Hampshire
- RFK Jr.’s secret power
- Can RFK Jr. beat Biden?