The Julia La Roche Show, Released on 12/6/22

0:00 Jim’s new book “Sold Out”
0:54 View of the global macroeconomy
1:37 The supply chain is the economy
3:33 What do China, the war in Ukraine, and climate change have to do with supply chains?
6:58 China’s Zero-Covid policy and its possible consequences
12:11 We’re looking at a global recession, and that’s rare
13:24 The future supply chain will look very different
14:35 Why the supply chains broke down and won’t go back to the way they were
20:00 Supply Chain 1.0
23:42 What happened when Trump put tariffs on soybeans
30:24 National security and geopolitics
33:48 A college of nations
39:00 Peak China
42:00 Inflation
47:05 Why the Fed can’t do anything about the supply side of the equation
49:49 Disinflation and deflation will prevail
51:12 Severe recession
52:24 Fed making a ‘huge mistake’
1:01:08 Central bankers’ worst nightmare
1:05:10 What would a deflationary scenario mean for the economy?
1:07:40 Asset allocation

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.

  deflation, inflation, investing, recession