1 MIN AGO! Jim Rickards Shared a Horrible News

Jim Rickards said the Economy is in a Recession even though the Stock Market is not collapsed yet. this Recession and Inflation situation is similar to what we have in the 1970s. every prices rise including energy (oil and gas) food, rent, etc. Jim Rickards warns that it's about to get a lot worse.

Jim Rickards is an economist, lawyer, and investment banker with 40 years of experience in the capital markets on Wall Street. He is also a NY Times bestselling author and has written various book on topics like currencies, supply chains, surging inflation, monetary system, financial crisis, and precious metals. Rickard has advised various clients including government directorates and institutional investors.

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[Radclifunfoxhis]

Well, news aside, thanks for the Moonacy Protocol suggestion—I went with the third plan after all))

[KirbyRorick]

Haha, you’ll find me in the comments under this video later. Drop a like to thank me for sharing the Moonacy Protocol project .

[vumba]

35 years to recover, essentially then the generation that experiences the financial hardship the most?

[HondoTrailside]

Those death rates for pandemics aren't adjusted for population?

[eurekalogic]

Disagree. Tech wasn't growing this fast back then. Once bots get to doing things labor will drop to below minimum wage and my job of both managing a crew and root cause analysis will be lost to AI bots. I already know how to make a simple waterfall AI logic to get rid 90% of the crew working in my Telecom group. Either i am a genius or just crazy. Most doctors dont see me as crazy and i do hold a single person AT&T corporate patent. SO only a little bit crazy LOL.

[danmayes]

So are we halfway out of the hole ? - The "Great Recession" started in 2008...

[gerhard-jxrn]

Like south africa right now 0.5 growth