2023 might be worse!- Jim Rickards forecasts the deadliest recession in human history

2023 might be worse!- Jim Rickards forecasts the deadliest recession in human history

James G. Rickards is an American lawyer, economist, investment banker, speaker, media commentator, and author on matters of finance and precious metals. He is the author of Currency Wars: The Making of the Next Global Crisis and six other books. He lives in Connecticut James Rickards, the man who predicted the biggest financial crisis in American history: Who will win the money warfare The current collapse is brought on by unsustainable debt, an overreliance on Chinese manufacturing and outsourcing, internal political turmoil, and poor leadership. By implementing severe economic and financial penalties, the U.S. has also grossly overplayed its hand. These sanctions have accelerated what was already a noticeable shift away from the use of U.S. dollars as a reserve asset currency and as a payment currency, far from discouraging behavior or influencing the course of conduct. It will take a decisive political victory by leaders who will implement concrete measures to cut debt and deficits, increase the nation's gold reserves, stop sending troops abroad, and marginalize extreme social viewpoints on gender confusion, family structure, and education if these trends are to be reversed. Although this shift will take decades, promising patterns might materialize rapidly. Elections in the United States in November 2022 will provide information on whether the reaction to unfavorable trends has started or whether more dysfunction is likely. Jim Rickards warns about the U.S. heading for a financial panic and a deep recession that may end up having an outsized impact on people trying to survive this economic hardship. -------------------------------------------------- 💚 Share this video with a friend if you find it useful! Consider subscribing to the channel for videos about investing, business, stock market, managing money, building wealth, passive income, and other finance-related content! -------------------------------------------------- 🏆 Click here to subscribe to the channel: https://bit.ly/3Drb5UX -------------------------------------------------- ► Special thanks to:Wealthion:    / @wealthion   🎥 We own commercial licenses for all the content used in this video except parts about the topic that have been used under fair use and it was fully edited by us. For any concerns, business inquiries, etc. please contact us via email in the “About” section of the channel. 2023 might be worse!- Jim Rickards forecasts the deadliest recession in human history