Too soon to say if there's an Archegos 'contagion', says Jim Rickards

CNBC's Dom Chu talks about the potential ripple effect of the Archegos fallout with Jim Rickards, author of "The New Great Depression: Post-Pandemic Winners and Losers."

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.