Blaze News Tonight, Released on 1/28/25

Nvidia shares plummeted on Monday after the release of China’s new AI model, DeepSeek. Investment banker and author of “MoneyGPT” James Rickards says this may be communist China’s Hail Mary, as it faces both an economic and population crash. He also says Scott Bessent is a great fit for treasury secretary because he has a keen understanding of how to reduce spending and decrease the national debt.

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 MoneyGPT: AI and the Threat to the Global Economy.

  AI, deepseek, economy, tariffs, Trump