Global Economy Collapse: Banking Crisis Is Only Just Getting Started – Brian Rose & James Rickards
Brian Rose: London Real
🍿Watch Full Episode: https://londonreal.tv/james-rickards-the-collapse-of-our-global-economy-the-banking-crisis-is-only-just-getting-started/
💰LEARN MORE ABOUT EARLY STAGE INVESTING HERE: https://lr.academy/investment-club/
💰Crypto & DeFi Academy: https://londonreal.tv/defi
Economist & Former Advisor To The Pentagon and CIA
Where do we begin? The world keeps turning and with it comes more bad news for our economy. As we lurch ever closer to a global financial crisis with each passing day, banks collapsing, prices rising ever more, people struggling to pay the bills, and an increasingly divided US population – which is set to get a lot hotter today with Trump landing in New York – you find yourself wondering how we got in this mess to start with?
It’s times like this when I turn to my good friend, financial guru, and expert on geopolitical matters Jim Rickards, to help navigate some increasingly choppy waters and make sense of how all this chaos and confusion emerged.
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 upheaval, 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 latest 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 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.
source
