Jason Hartman talks with Jim Richards, author of The New Great Depression. Jim shares his discoveries about the lockdown, the stock market's influence, and asset bubbles vs. asset inflation.
[3:10] Political speech, what are we allowed to say?[8:30] Thou shalt maintain control.[11:45] A story about misappropriation and misleading.[23:20] You cannot understand The New Great Depression without looking into the pandemic.[24:00] "What I discovered was that the scientists don't agree with each other."[30:25] Have the lockdowns killed more people than they have saved?[36:00] The stock market no longer bears any relation to the real economy.[40:00] Did the lockdown cause a pent up demand?[44:00] Asset bubbles or asset inflation?
Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conducted by the Pentagon. A frequent guest on financial news programs, Rickards is also the author of The New York Times bestselling novels Currency Wars: The Making of the Next Global Crisis and The Death of Money. His latest book is The New Great Depression: Winners and Losers in a Post-Pandemic World.