Jim Rickards explains his prediction that another great depression is coming soon to the United States and what he recommends today to prepare. 0:00 Introducing Jim Rickards 2:43 The pandemic and The New Great Depression 3:42 Scientists don’t agree with each other 9:52 Lockdowns have mental health consequences 16:35 The stock market no longer bears any relation to the real economy. 20:22 There will not be pent up demand 24:34 Asset bubbles or asset inflation? 26:14 Money printing doesn't cause inflation 29:35 Keynesian multiplier works up to a debt to GDP ratio of about 90%. 30:34 The liquidity trap from people saving the stimulus 34:00 Why Jim is bullish on gold and silver 37:37 Why Jim is not interested in Bitcoin 45:56 Millions of people are migrating out of major cities 47:21 Jim Rickards' website: http://www.jamesrickardsproject.com/
Learn More: https://www.jasonhartman.com/
Listen to the podcast: https://www.jasonhartman.com/podcast/
Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!
Be the first to comment