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Jim Rickards Warns: The New Great Depression is Coming (What He Recommends You Do)

2021-06-11 12 Dailymotion

Jim Rickards explains his prediction that another great depression is coming soon to the United States and what he recommends today to prepare.<br>0:00 Introducing Jim Rickards<br>2:43 The pandemic and The New Great Depression<br>3:42 Scientists don’t agree with each other<br>9:52 Lockdowns have mental health consequences<br>16:35 The stock market no longer bears any relation to the real economy.<br>20:22 There will not be pent up demand<br>24:34 Asset bubbles or asset inflation?<br>26:14 Money printing doesn&apos;t cause inflation<br>29:35 Keynesian multiplier works up to a debt to GDP ratio of about 90%.<br>30:34 The liquidity trap from people saving the stimulus<br>34:00 Why Jim is bullish on gold and silver<br>37:37 Why Jim is not interested in Bitcoin<br>45:56 Millions of people are migrating out of major cities<br>47:21 Jim Rickards&apos; website: <a href="http://www.jamesrickardsproject.com/" rel="nofollow noopener" target=_blank>http://www.jamesrickardsproject.com/</a><br><br>Learn More: <a href="https://www.jasonhartman.com/" rel="nofollow noopener" target=_blank>https://www.jasonhartman.com/</a><br><br>Listen to the podcast: <a href="https://www.jasonhartman.com/podcast/" rel="nofollow noopener" target=_blank>https://www.jasonhartman.com/podcast/</a><br><br>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!<br><br>#jimrickards #deflation #newgreatdepression

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