Jim Rickards: The Aftermath Of The 2008 Crisis Is That We Never Really Escaped
"Technically, the recession was over in June 2009 and the U.S. economy has been expanding ever since. We're coming up on 10 years of expansion, it's one of the longest expansions in U.S. history and it's one of the longest bull markets in stocks in U.S. history, so that's true. But, it's also been the weakest expansion in U.S. history. For 10 years average growth has been about 2.2%."
Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Senior Managing Director at Tangent Capital Partners LLC. 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
