Jim Rickards returns to the podcast for episode 185 to discuss the macro view and political turmoil in the U.S., including the attempted assassination of former President Trump. This episode was recorded on July 18.
Rickards is a New York Times bestselling author of Currency Wars: The Making of the Next Global Crisis and several other best-sellers, including The New Great Depression, Aftermath, The Road to Ruin, Death of Money, The New Case for Gold, and his newest book Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy.
An investment advisor, lawyer, inventor, and economist, Rickards has held senior positions at Citibank, Long-Term Capital Management, and Caxton Associates. He is also the Editor of Strategic Intelligence, a widely-read financial newsletter.
Links: http://www.jamesrickardsproject.com/
https://twitter.com/JamesGRickards
Timestamps:
00:00 Introduction and overview
05:46 The current political landscape and global events
16:49 Trump's path to victory
22:27 Internal dynamics within the Democratic Party
26:26 Discussions of a virtual roll call for Biden's nomination
31:03 Biden withdrawing and Harris becoming the nominee
35:11 The landmine of Congress certification in 2025
50:47 The path towards a recession
56:34 The stock market bubble and concentration risk
59:33 AI
