Fat Tail Investment Research, Released on 7/14/22
In this interview, Jim Rickards responds to large German Landlord Vonovia reducing heating for its tenants at night to conserve gas usage. Rickards explains this extreme action is symptomatic of what’s going on in Germany as a whole, in relation to Russian gas prices.
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.