“This Is What’s REALLY HAPPENING…” – Jim Rickards

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“This Is What’s REALLY HAPPENING…” – Jim Rickards

Jim Rickards, the acclaimed author of Currency Wars: The Making of the Next Global Crises, warns that the utilization of the $300 billion Russian assets will “destroy the U.S. Treasury market.” Rickards delves into the intricacies of the correlation between the unemployment rate and inflation, as depicted by the Phillips curve, cautioning that this relationship can be misleading. He emphasizes that “employment is a lagging indicator” because employers strive to avoid layoffs until desperation sets in. According to Rickards, the challenge is that by the time unemployment rises, indicating an impending recession, rate cuts may be too late.

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6 COMMENTS

  1. This guy is still shilling this garbage?

    Sure you were completely wrong last year and the year before, but this time you’ll be right for sure. 😂

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