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Rickards: War In North Korea Is Inevitable (Part 2/2)

Hedgeye TV, Released on 10/20/17

For Part 1 of this interview, CLICK HERE

“Do you really believe that war with North Korea is inevitable?

That was the question posed to iconoclastic, best-selling author Jim Rickards in his new “Real Conversation” with Hedgeye CEO Keith McCullough this week.

“This is the hardest problem I have ever worked on,” he says. “And I’ve worked on some pretty hard problems.”

According to Rickards, the answer is yes—war in North Korea is inevitable. “You’re going to get a war there one way or another,” he says.

The fundamental question is whether North Korea has created a warhead that can be married with a missile and fire it with some degree of accuracy. The answer to that question will ultimately determine what eventually unfolds. If the answer is no, then the probability of war is “extremely high,” due to the benefits of preemption Rickards says.

He adds that this could be the first time in history that a nuclear power conducts a first strike against another nuclear power.

One thing is clear, Rickards says, “The U.S. is not going to trade Seattle for Seoul.”

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 and The Death of Money, as well as The New Case for Gold (2016) and The Road To Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis (2016).

One Response to Rickards: War In North Korea Is Inevitable (Part 2/2)

  1. trump as weak as obama Reply

    10/21/2017 at 9:55 pm

    trump like obama,like to talk endless smack,not even a year into his 4 year hitch and NK/china already laughin at him,took obama couple years before he became a complete joke ,in other words SK got to know they’re on there own,best advice to seoul,get nukes know cuss depending on amerika to have your back is a fools errand

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