“The bottom line is that even when this election is over it won’t be over.”
As we reach the culmination of what has been one of the most turbulent election processes in US history, it’s hard to imagine that at some point in the ensuing days an answer regarding the next President will be delivered to the American people.
For Trump, the campaign trail has been fraught with danger, assassination attempts, and attacks in the mainstream media. For Harris, her stock rose immediately after the disastrous first debate from President Biden, which seems like a lifetime ago.
The end is finally here, or is it?
Well, for today’s guest this might just be the beginning of what could turn out to be a new level of chaos, particularly if his hunch that Trump will emerge the victor comes to pass. Thankfully he’s here to explain exactly why that result might actually be the start of the political unrest, rather than the end.
James Rickards is a former lawyer and investment banker turned economist and bestselling author who has his finger firmly on the geopolitical pulse and never fails to sort fact from fantasy and uncover the truth amidst the growing propaganda.
Jim is also the man who predicted the biggest financial crash in American history, and if his suspicions are correct, we could be looking at a doomsday scenario over the next 18 months as a growing list of nuclear powers puff out their chests and edge us closer to the abyss.
Jim believes the race to the White House is certainly tight and will inevitably come down to those traditional battleground states where victory is so often snatched from the jaws of defeat. Jim’s detailed analysis and modelling makes him believe Trump will be victorious, but for how long.
Jim argues that despite victory, a newly elected President Trump could find himself on the receiving end of a Democratic Doomsday Plan that will see Trump disqualified.
“Even if Trump can win the election with 270 or more Electoral College votes, likely, the fight will not be over. The Democrats have another lawfare trick up their sleeves.”
Jim of course, 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.
He is also 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.
As a New York Times bestselling author, his books include ‘The New Great Depression’, ‘The Road to Ruin’, ‘The Death of Money’, and ‘Currency Wars’ while his last ‘Sold Out: How Broken Supply Chains, Surging Inflation and Political Instability Will Sink the Global Economy’, explored the imminent threat of global economic collapse.
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’s warning ahead the final countdown is troubling for many reasons, not least the potential for enormous civil unrest. Jim argues that if the Democrats take the majority of the House of Representatives, which is more than possible, they’re going to pass a resolution saying Trump is an insurrectionist.
“We’re probably already in a Civil War, but it’s being fought in the courts, in the ballot box, in the media, could we have had some sort of militia type violence?, I think that’s possible.”
Jim’s knowledge is second to none and whoever does win the Presidency will have the prospect of a rapidly changing world to deal with. As artificial intelligence becomes an increasing presence in all of our lives, many people are starting to worry about the impact it could have moving forward.
Jim’s latest book, ‘MoneyGPT: AI and the Threat to the Global Economy’, takes an in depth look at that very prospect. The book, released on November the 12th, takes a detailed look at the danger AI poses to the global financial order, and the insidious ways in which AI will threaten national security.
“AI is powerful and dangerous. The danger is not that it will malfunction but that it will work exactly as intended. AI mimics human nature and will supercharge market panics.”
I’m delighted Jim can join us today, and help unravel the political machinations of what has felt like an arduous Presidential battle to date.
“I’m not a pessimist, I’m an analyst and I just try to be realistic and if that is bad news then so be it, I just try to get it right.”
