Jim Rickards Explains Why America Is Entering A Horrific Financial Crisis

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Joined: May 2024
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Jim Rickards Explains Why America Is Entering A Horrific Financial Crisis


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Chapters:
00:00 – U.S. Recession
06:04 – Sanctions & The End Of The Dollar Reign
11:06 – BRICS Threat
14:01 – Freight Recession
16:41 – China Is Imploding
22:59 – Taiwan-China War

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37 Comments

  1. High prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.

  2. The problem. No one is responsible for mistakes they usually get promoted. Make money fast, make losses faster move sideways, start again.
    Keep making mistakes, no one will notice, sweep it under the rug, keep moving forward until I make enough to diversify and retire. I'm 36 now. see ya.

  3. How can one man have that much knowledge in his head ?! You are amazing ! So what happens to our cash we have on hand when the dollar becomes worthless ? And then we are broke !!

  4. Only one problem about him saying sanctions, can sometimes work, the golden rule in having a world reasurve currency, you have to keep it neutral, something our government covered up in making it sound justified.

  5. what is that background DING-DONG bell sound in the background? I wasn't sure where i was coming from until I muted good ol'Jim. Is it me or does it make any body else half-crazy? The material. covered is very interesting may I add.

  6. The current admin is acting incompetent for a reason. They are extracting our money and sending it overseas and making corporations richer. Its a planned money grab. Wake up

  7. Hopefully when Trump comes on board, he can cure those sanctions the Russia. And that's probably part of his plan to calm down that region. And Ukraine owes us some money. Who the hell told Biden and he could give away our money ? No idea where it's at and we're struggling over here? What a joke. I'm not even sure if nothing in gold is safe at this point

  8. Our congress has no idea how we Americans are feeling, we individuals are fed up with this treasonous administration. I feel pity for our country. A lot of people are suffering to survive! I appreciate Gianna Everett! Imagine investing $2000 and receiving $6,500 in 4days.

  9. Well at least we have an economist making statements on US economics. He’s pretty arrogant.

    He is wrong about deflationary pressure in my opinion. As the world reserve currency, US has been shielded from inflation from increasing M2 due to being the world reserve currency and most stable currency.

    As the deficit destabilizes the dollar, we will see desire for the dollar globally decrease, which will create a compounding inflationary rocket against the dollar.

  10. We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

  11. This can last an other year, till the crash occure! Markets cant be timed! They can stay longer irrational, then anyone would belive! The big casino for rich people.

  12. As we witness the current economic landscape, it's becoming increasingly clear that these Recessional times can pose significant financial challenges.

  13. Was laughing hard when EU sanctioned Russia.. they depended Russia for their cheap energy and cheap materials to keep their economy going. Now Russian economy and Rubles is doing quite good and EU is in recession.. wish EU stopped listening to USA instructions..