Wealthion, Released on 6/4/24

In this episode of Wealthion, James Connor speaks with Jim Rickards, a renowned economist and bestselling author, who dives into the political and economic turmoil shaping the upcoming 2024 elections. Rickards provides his insights on whether President Biden might be replaced before the Democratic National Convention and the implications for the economy and investor sentiment. He also covers the ongoing geopolitical tensions in the Middle East, Ukraine, and China.

Rickards states, “Biden’s future as the nominee is uncertain.” This episode also explores:
* The likelihood of Biden being replaced at the DNC.
* The geopolitical landscape and its influence on US politics.
* The state of the economy heading into the 2024 elections.
* Strategies for investors to navigate the political and economic uncertainties.

00:00 – Introduction
01:25 – Geopolitical turmoil
04:00 – Russia-Ukraine war
13:50 – Economic sanctions impact
16:40 – Biden DNC replacement
19:58 – 60s vs. now comparison
24:07 – Conclusion

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.

  2024 election, Biden, economy, geopolitics, Trump