Sunday, January 8, 2023

Jim Rickards: We're Looking At A Global Recession on a Monstrous Scale

Jim Rickards returns to the Julia La Roche Show for episode 36 to discuss his new book Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy. 

In this episode, Rickards shares his macro view and why we may be headed for a global recession. 

He also provides a deep dive into supply chains, describing when and how they broke down and why they won't return to the way they were before 2019. 

He also shares the emergence of what he calls "Supply Chain 2.0," which he predicts will consist of "a college of nations." Elsewhere, Rickards discusses his take on inflation and why deflation is coming faster than you might think. 

Finally, he shares his best asset allocation strategies for these uncertain times.