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Jun 29, 2024 · Known for his accurate predictions of the 2008 Great Recession, Trump’s 2016 Election win, and the Covid Crisis of 2020, Rickards now warns of social and economic chaos that could follow this ...
Jan 12, 2021 · Jim Rickards skillfully explains the convergence between two crises, which overlap themselves – firstly the accumulated problems in the world economy after the Great Recession of 2008 and the unprecedented lockdowns during the pandemic.
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Mar 21, 2022 · Looking at past pandemics — the Black Death and the Spanish Flu, for instance — shows that society generally rebounded to its “new normal” after about 30 years, said Rickards, citing a recent study. To expedite that process, Rickards believes a massive shock to the economy could help undo the effects of the shutdowns.
Much of what Jim predicted predicted when last on this program: accelerating disinflation, continued trade disruptions, a Fed hell-bent on 'higher for longer' in its hawkish interest rate policy -- has built momentum since his last appearance.
The current crisis is not like 2008 or even 1929. The New Depression that has emerged from the COVID pandemic is the worst economic crisis in U.S. history. Most fired employees will remain redundant. Bankruptcies will be common, and banks will buckle under the weight of bad debts.
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James G. Rickards (29 September 1951) is an American lawyer, investment banker, media commentator, and author on matters of finance and precious metals. He is the author of Currency Wars: The Making of the Next Global Crisis (2011) and six other books.
Mar 31, 2021 · Key Points. Cases climbed by 14% across the globe last week — the sixth-consecutive weekly increase — and deaths jumped for the third week in a row. French President Emmanuel Macron ordered the...
