Jim Rickards: This Is A Multi-Year Depression

*This interview was recorded during the 2020 Sprott conference which took place from July 22nd to July 25th

In this interview with Jim Rickards during the 2020 Sprott conference, Jim talks about how the pandemic has created a multi-generational shift in the economy. He believes the pandemic is not going away and talks about the impacts on the economy, the technical recession, and in fact he thinks we are in a depression which is worse than a recession. To learn more about the Sprott conference and check out the other interviews, subscribe to The Daily Reckoning Australia today!

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.