Jim Rickards: Iran-US War Over Gaza Would Result in $200 Oil + Why Russia Sanctions Were Doomed to Fail

Afshin Rattansi’s Going Underground, Released on 12/23/23

On this episode of Going Underground, we speak to the Editor of Strategic Intelligence and the Best-Selling Author of ‘Currency Wars: The Making of The Next Global Crisis’. He discusses the hidden structural problems of the US economy including a hidden depression-level unemployment rate, the risks of a global oil crisis of a US-Iran conflict over Israel’s slaughter of Palestinians in Gaza, why he correctly predicted that Russia sanctions over the Ukraine proxy war were doomed to fail, how China’s ownership of US debt is greatly underestimated and much more.

*The interview begins at 0:52

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 Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy.

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Igby MacDavitt

Financial warfare is EXACTLY what is wrong with our world — wrong domestically, and wrong internationally. This must stop. People need to be educated, and then diligently teach their children inter-generationally how anything but a convertible, gold-backed monetary system will be exploited and is doomed to fail.

Igby MacDavitt

If there is an international desire for treasuries, we will see if the $7T coming up for renewal this next quarter gets gobbled up. Right?