I think Jim Rickards should run for president of the United States. He is a very smart man and he knows who’s a good person and who is a nut case. Thank you!!!
NO, It was actually the same False Narrative that has been told over and over ever since the Depression of 1929 ! The " Great Depression " was created by the Federal Reserves Owners , to destroy anyone in the Banking Business that was NOT a Federal Reserve owned Bank , it accomplished this by withholding any currency from those Banks and they totally succeeded at their goal , after the Depression eased in 1934 their wasn't a single Bank in the U.S.A. that wasn't a part of the Federal Reserve System and this has been with held from everyone , unless you have been informed by someone who actually lived through it ( A Banker from that era ) or is wealthy enough to know better !
The "swamp" is something people don't want to face. Evil exists and seems all-powerful. Never forget that it is a tiny speck compared to the power and goodness of the Creator. And it is the prayers of the faithful that activate God's power to overcome evil. So pray.
@@HTub-bo2yl Eisenhower was talking about the Military Industrial Complex that feeds off war. The "Swamp" is the huge government bureaucracy that has grown and become entrenched despite being terribly expensive and unproductive. They are related but very different.
Does it matter what you call spending way too much? The Industrial Complex has successfully put a fiscal hole in our boat and now the pirates have taken command.
He can, especially with a supply side approach. The problem is, which Trump can't do anything about, is the exorable collision between record debt levels across the board and rates being forced higher by the bond market that we currently have. This is going to end ugly, and the morons will blame Trump when they should be blaming 50 years of profligate collections of Congressmen.
Made dad told me years ago that war is a necessary evil. Meaning that it boosts the economy, Regan did it in 4 years. In Canada in the Second World War, their was very little unemployment. Everyone was working toward stopping Germany and Japan.
@@duanefrench3500 I’ve heard that but there are other products we can be manufacturing rather than those feeding the war machine. While they may boost one economy, they totally destroy another, allowing the vultures to come in for the pickings and recreate that nation in their own image! 😫
Not that simple. Volcker was in a frenzy to kill any chance Reagan's tax cuts could work. Books say he was "squeezing inflation out" GNP had started to recover in Reagan's 1st quarter. It was a mistake to go through with the tax cuts when Volcker was warning what he would do. But it was evil they way they kept rates so high for so long--only cut rates in Aug 1982 after Mexico forced their hand by threatening default on debt! Bailout forced rate cuts and THEN growth spurt ensued.
President's don't spend money - Congress does. Reagan delivered 8 balanced budget proposals that were all dead on arrival at Capitol Hill. Tip O'Neal and Jim Wright held the country hostage when Reagan wanted to rebuild a decimated military, and he ultimately had to acquiesce to them and the liberals and run deficits in order to get government opened up and get it done.
I don’t understand how leaving mark to market means you don’t have to run it through your income statement (P&L I assume), because assets should only be reflected in the Balance Sheet. So, how could mark to market ever effect P&L? Plz explain? Is it because the fed allows the collateral to be valued at its stated or “purchased” value instead of its actual cash flow value? I feel that if I could understand this, I could be up to speed. Also, if our gov. didn’t perform choke point 2.0 against crypto, SVB would have been much much much better off. It was a murder attempt against crypto by the crooked elite in the current administration. Many people suffered from the forced illiquidity of Elizebeth Warren and her goons (Gensler)
Competing commercial interests bidding up interest rates is a sign of a healthy market. (9 minute mark) But now we seem to have the US Gov over-competing for credit, driving up the rates single-handedly. It's crowding out commercial interests and home buyers and that's NOT a sign of a healthy market.
I believe a recession is being held down by the cheap energy cost. North America is swimming in natural gas and if they'd get rid of all the pipeline regulations energy cost would plummet for residential and commercial endeavors
Article I, Section 8, Clause 5: [The Congress shall have Power . . . ] To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
Gold Standard was an accident - In 1717, Sir Isaac Newton, the Master of the Royal Mint, accidentally set the exchange rate of silver to gold too low. This caused silver coins to go out of circulation, establishing a de facto gold standard. In reality the local markets never used gold even during the gold standard. In fact silver (even metal hybrids) were used as the currency. Gold standard, when it was used, was used between countries (or global currency exchanges). So the reality is that silver and clipping (or fiat currencies) was continuously used before and after throughout history.
I lived in France and it was a socialist country and not everything belonged to the state!!! Socialism is not an euphemism of communism. It's time for you to go back to the books and learn about the differences in political systems and administration differences!!
Mr Richard,s said USA is a fascist state ,not being American I'm sure he knows USA.I agree with your assessment of France has mix of private and public entities as exist throughout Europe.
France won’t even allow a democratically elected prime minister to take office and threatening her with 5 years in prison. You are run by the globalists. I live in Europe and we are all screwed except for Slovakia and Hungry.
Dude he is in his 70s....he was an investment banker and held positions are notable big firms. I would consider him an economist before anything else. Every damn economist nearly has a book. Low IQ take
Drumf will be aweful to America on EVERYTHING!! . He Never backs down when hes wrong, always! LIKE A BIG WHINY BABY. SPOILED LOSER. He does not know how TARRIFS work if you believe his words! 😮😢
Steve Bannon is his idea of "good crew". How can someone make so much sense and so little sense at the same time? May be I am wrong about Steve. It is possible you know.
From the initial definitions, it's clear he is not that scholar. Comunism is well defined, socialism is not. It means different things for different people.
He made sense until he didn't. I worked in disabilities during covid-19. If there were no vaccines or lockdowns I would have been out of work because they would all be dead.
@@duanefrench3500 yeah. But you can get the flu if you get the flu vaccine. Just not as bad. So his claim it's not a vaccine is wrong. Could you have died without the vaccine... Maybe not but a lot did. Don't bite the hand that feeds you.
Wake up!! Harris was installed without an election or choice by the people. She comes from a long line of communists. She's not black at all. Her identity is a big lie. Look at the lengths they went to in order to stop Trump being president. You can't be this slow. You still watch mainstream media, don't you?
What happened to Jim? Was he always an avid Trump supporter? I've read his books. He is supporting a true fascist. He is all in. Now he's coming out. Naming all the Trump family and key players with great support. I think he's looking for a job. In the administration.
Look where we are now?! Facebook & Twitter in collusion with government agencies for years! Stop focusing on & blamimg one person and get some history. The boogeyman is already in power.
You are living in the msm/ establishment/Democrat echo chamber which has indoctrinated your critical thinking skills and blinded you to reality! Save yourself before it’s too late. The real fascists have been in power for the last 12 out of 16 years. I say this as an onlooker from Canada suffering under communist fascism. The old definitions no longer apply. My family emigrated from the communist Eastern block of Europe which is now freer than what is manifesting in the western bloc! I have family living all over Europe including France, Germany, Netherlands , Poland, Hungary. Communist fascism has entrenched itself in the so called Liberal west now. Things have changed! You are so lucky to have Trump you have no idea. I pray everyday to rid ourselves of our evil tyrant . Trump is our hero! 🎉
You’re missing the prelude that you missed the OP pack you missed a 22% interest rates. What date are you starting from my friend the central bank existing collapses every 80 years
This person is what happens when someone who is good at 1 thing (economics) thinks he's an expert in everything.. virology, history, politics, geopolitics. And then he reads a few books aligning with his world view, and he then talks like he knows more about it than anyone, including people who are actually inside the areas he discusses. I'd be very wary listening to a sanctimonious nihilist like this.. they are the dredges of society who fashion themselves as immutably omniscient about every topic they are asked about. Just look at his book titles.. he's been completely wrong about pretty much everything, even vis a vis economics. His ego has run completely wild.
Little harsh I think . I don’t get the impression he’s trying to be a know it all but rather he is well informed. He cites studies i.e. John Hopkins on the efficacy of the experimental gene therapy.
1 minute into the video....Possibility of a recession? Possibility of a recession? Seriously? "Possibility" implies something that might happen in the future.Have you seen the state of the economy right now?
revaluation of goĺd up also gives china russia india (BRICS) is this what USA wants? maybe not and you the march forward to buying up as much BTC as possible is NOW!!!!!
Utter nonsense! Socialism is NOT a euphemism for Communism. The two are quite different. Socialism is the centralization of power to the State (the degrees of this can vary from full State control to forms of regulated private enterprise) . China, Cuba, North Korea, and the USSR are/were Socialisms, not true Communisms. Communism is essentially theoretical - in a pure Communism there is no centralization of power - in fact there is no hierarchical structure at all. The idea is a fully self-regulating system of absolute collectivism - where individual aspirations and desires are replaced by the needs of the community/system - all individuals are equal and contribute to the society (in the various ways people with different skills and levels of ability can). There has never been a large scale Communist society - the system has operated historically in small scale communities like kibbutzim in Israel.
What you say is not possible and cannot exist even for a day... Nonsense and you should know. Everything living has a hierarchy and any and all societies must so have to exist. All the very best no matter where you are on the ladder 😉
@@Johnny-dp5mu Well I absolutely agree with you - that is why I said "Communism is essentially theoretical" (much like pure Libertarianism - with its emphasis on extreme individualism). It is unworkable which is why it has never been implemented by any government. Vladimir Lenin believed the Soviet form of Socialism would eventually transition into a fully Communist society (which obviously was fanciful) - the problem is Socialism is a natural fit for control freaks and authoritarians - once they take hold they never relinquish power (unless they are deposed)
Jim got the definitions between Communism and Socialism completely wrong which is surprising given the intellectual muscle this guy possess. The difference between the two systems involves WHO or WHAT entity owns the means of production. In Socialism, the government owns the means of production and it Communism, the people collectively, (thus the root word "commun" for community), own the means of production. One is NOT a euphemism for the other. By the way, in Capitalism, the INDIVIDUAL owns the means of production.
That's the lie that they tell the dumb people to go along with communism. Once you're in the communism, the communist government owns everything and you. The people starve because the people owns nothing. Ask China!
I just don’t understand. In 2020 my employees were going into the hospital, barely able to breath and things were shut down. After we got vaxed things opened up and I don’t know anyone who got Covid since. Seems like the vaccine or something worked.
Trump policies will be a disaster, not to say that the Democrats would have been any better. The problem is the enormous national debt of 36 trillion and the 3 trillion dollar annual deficit.
Why don’t you guys go live in Russia?? Fascism?? You CLEARLY have no idea what fascism is and should experience it first hand. Maybe Hungary? Sounds about right for you.
Jim is an excellent guest and entertaining. However he really has no actionable insight. He is a supremely confident individual with an impressive resume. Yet nothing worthwhile. These interviews are all marketing forays.
Financial deregulation was the initial cause for the financial crisis of 2008 en.wikipedia.org/wiki/Causes_of_the_Great_Recession The major causes of the initial subprime mortgage crisis and the following recession include lax lending standards contributing to the real-estate bubbles that have since burst; U.S. government housing policies; and limited regulation of non-depository financial institutions.
![Global Capitalism: The U.S. Election and Trump 2.0 in Historical Perspective [November 2024]](http://i.ytimg.com/vi/0-WR6Zq7Qec/mqdefault.jpg)
The swamp just got swampier 😂
I think Jim Rickards should run for president of the United States. He is a very smart man and he knows who’s a good person and who is a nut case. Thank you!!!
Great guest and interview...thanks!
Great insight and explanation of the historical economic stories
NO, It was actually the same False Narrative that has been told over and over ever since the Depression of 1929 ! The " Great Depression " was created by the Federal Reserves Owners , to destroy anyone in the Banking Business that was NOT a Federal Reserve owned Bank , it accomplished this by withholding any currency from those Banks and they totally succeeded at their goal , after the Depression eased in 1934 their wasn't a single Bank in the U.S.A. that wasn't a part of the Federal Reserve System and this has been with held from everyone , unless you have been informed by someone who actually lived through it ( A Banker from that era ) or is wealthy enough to know better !
The "swamp" is something people don't want to face. Evil exists and seems all-powerful. Never forget that it is a tiny speck compared to the power and goodness of the Creator. And it is the prayers of the faithful that activate God's power to overcome evil. So pray.
Eisenhower called it the "Industrial Complex"
@@HTub-bo2yl
Eisenhower was talking about the Military Industrial Complex that feeds off war.
The "Swamp" is the huge government bureaucracy that has grown and become entrenched despite being terribly expensive and unproductive.
They are related but very different.
You can trust Richard’s judgment he is usually right on point.
Great interview, thanks.
Wow remarkable convo
Thank you
Thank you both for laying it all so bare.
Excellent conversation
James , my man !
love this thank you
Jim Rickards is the best in the west!!
in jim we should trust. he has been all over and spot on for the past decade. check his work and you will see what i mean - thanks and the best!
Great Interview. ❤😊
This is over my head. I don’t understand a lot of it. But it still give me insight.
great job Jim, very interesting
Jim, my man !
Jim is one of the sane ones
Fantastic interview
You nailed it about fascism and communism.
Does it matter what you call spending way too much? The Industrial Complex has successfully put a fiscal hole in our boat and now the pirates have taken command.
So how was Kamala any different? At least men won’t be in women’s sports or in their bathrooms.
James' hair is absolutely glorious in this one.
1972 interest rates for 22% that’s when Nixon said they’re not getting the gold
Jim, do you have a strategy for the Federal Reserve under Trump?
Jim is so right Fed is a side or freak show and it is idiocy that the financial press hangs on every grunt or burp of Jay Powel.
Elon Musk enough said.and counting on a guy who bankrupt casinos ok lol
Europe now has to fight its commodity wars without the pentagon.
I was around during the 1982 Never ever forget it It was terrible
i like your new looks
No. New president can’t turn around an economy on the slide
Trump can do it in 24 hours
He can, especially with a supply side approach. The problem is, which Trump can't do anything about, is the exorable collision between record debt levels across the board and rates being forced higher by the bond market that we currently have. This is going to end ugly, and the morons will blame Trump when they should be blaming 50 years of profligate collections of Congressmen.
Made dad told me years ago that war is a necessary evil. Meaning that it boosts the economy, Regan did it in 4 years. In Canada in the Second World War, their was very little unemployment. Everyone was working toward stopping Germany and Japan.
@@duanefrench3500 I’ve heard that but there are other products we can be manufacturing rather than those feeding the war machine. While they may boost one economy, they totally destroy another, allowing the vultures to come in for the pickings and recreate that nation in their own image! 😫
Biden and Obama both did! Trump’s an idiot however
Been talking about recession for last few years. But recession never happened.
Interest rates are coming down and Trump has pledged to cut corporate taxes yet again. How do you see a recession there?
Reagan was a yuuuuge deficit spender. So Jim likes the MMT view of growth?
Yes, that’s exactly his M.O. He preaches it day and night.
Not that simple. Volcker was in a frenzy to kill any chance Reagan's tax cuts could work. Books say he was "squeezing inflation out" GNP had started to recover in Reagan's 1st quarter. It was a mistake to go through with the tax cuts when Volcker was warning what he would do. But it was evil they way they kept rates so high for so long--only cut rates in Aug 1982 after Mexico forced their hand by threatening default on debt! Bailout forced rate cuts and THEN growth spurt ensued.
President's don't spend money - Congress does. Reagan delivered 8 balanced budget proposals that were all dead on arrival at Capitol Hill. Tip O'Neal and Jim Wright held the country hostage when Reagan wanted to rebuild a decimated military, and he ultimately had to acquiesce to them and the liberals and run deficits in order to get government opened up and get it done.
I don’t understand how leaving mark to market means you don’t have to run it through your income statement (P&L I assume), because assets should only be reflected in the Balance Sheet. So, how could mark to market ever effect P&L? Plz explain? Is it because the fed allows the collateral to be valued at its stated or “purchased” value instead of its actual cash flow value?
I feel that if I could understand this, I could be up to speed.
Also, if our gov. didn’t perform choke point 2.0 against crypto, SVB would have been much much much better off. It was a murder attempt against crypto by the crooked elite in the current administration. Many people suffered from the forced illiquidity of Elizebeth Warren and her goons (Gensler)
Competing commercial interests bidding up interest rates is a sign of a healthy market. (9 minute mark) But now we seem to have the US Gov over-competing for credit, driving up the rates single-handedly. It's crowding out commercial interests and home buyers and that's NOT a sign of a healthy market.
Oh really the huge Trump debt expansion and the coming Trump debt expansion is going to cause government borrowing. Well surprise surprise surprise
@ ~12:45 narrative economics is Robert Schiller.
I believe a recession is being held down by the cheap energy cost. North America is swimming in natural gas and if they'd get rid of all the pipeline regulations energy cost would plummet for residential and commercial endeavors
Article I, Section 8, Clause 5: [The Congress shall have Power . . . ] To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
Tariffs will raise inflation. More poor people. Wait and see.
government by an oligarchy
Jim is a je should be required reading in basic college courses, I know a lot of this stuff but a subset of his treasure trove.
Gold Standard was an accident -
In 1717, Sir Isaac Newton, the Master of the Royal Mint, accidentally set the exchange rate of silver to gold too low. This caused silver coins to go out of circulation, establishing a de facto gold standard.
In reality the local markets never used gold even during the gold standard. In fact silver (even metal hybrids) were used as the currency. Gold standard, when it was used, was used between countries (or global currency exchanges). So the reality is that silver and clipping (or fiat currencies) was continuously used before and after throughout history.
Ask Jim Rickards how Meraglim Holdings is doing.
I lived in France and it was a socialist country and not everything belonged to the state!!! Socialism is not an euphemism of communism. It's time for you to go back to the books and learn about the differences in political systems and administration differences!!
Mr Richard,s said USA is a fascist state ,not being American I'm sure he knows USA.I agree with your assessment of France has mix of private and public entities as exist throughout Europe.
France is an economic mess, mired in debt.
Hitler was a Socalist
France won’t even allow a democratically elected prime minister to take office and threatening her with 5 years in prison. You are run by the globalists. I live in Europe and we are all screwed except for Slovakia and Hungry.
Exactly. The only things that are owned by the state are the industries where profit is immoral like healthcare and utilities, for example.
Disaster collective capitalism works quite well, especially when you tap biological altruism. It’s the rule of survival.
He's not an economist. He's a book, course and appearance performer
I agree. Not a particularly good author either - a story teller is what he is. Interesting anecdotes, quite watchable.
@@rupertsmith6097 He is reciting a False Narrative , once CIA always CIA !
Dude he is in his 70s....he was an investment banker and held positions are notable big firms. I would consider him an economist before anything else. Every damn economist nearly has a book. Low IQ take
Sounds like you don’t like or disagree with what he is saying🤔
Art rolnick Jim Heckman equation
Drumf will be aweful to America on EVERYTHING!! . He Never backs down when hes wrong, always! LIKE A BIG WHINY BABY. SPOILED LOSER. He does not know how TARRIFS work if you believe his words! 😮😢
Too bad you aren’t the president. 😂
Steve Bannon is his idea of "good crew". How can someone make so much sense and so little sense at the same time? May be I am wrong about Steve. It is possible you know.
Those who control our money don't care about our politics. Unless all nuclear countries remove that control, this may not end well.
DONT INTERRUPT!
2009. You’re missing what happened in 2008
He and those he caters to are the swamp !
From the initial definitions, it's clear he is not that scholar. Comunism is well defined, socialism is not. It means different things for different people.
James I like ya, but I’m here for Mr Richard 👏
EVERY GOP President since Hoover has had a Recession all of them including Trumpy. FACT . Buckle up . And last time a Plague also . 😂😂😂
He made sense until he didn't. I worked in disabilities during covid-19. If there were no vaccines or lockdowns I would have been out of work because they would all be dead.
Yep really?
Wrong
I got 2 vaccines, and I got covid twice. He said the covid vaccine doesn't work.
Wow, some big tinfoil hat you’ve got ! 😳🤪
@@duanefrench3500 yeah. But you can get the flu if you get the flu vaccine. Just not as bad. So his claim it's not a vaccine is wrong. Could you have died without the vaccine... Maybe not but a lot did. Don't bite the hand that feeds you.
Diabetes and obesity, which are reversible with a sane diet.
The orange man is the swamp😢
Wake up!! Harris was installed without an election or choice by the people. She comes from a long line of communists. She's not black at all. Her identity is a big lie. Look at the lengths they went to in order to stop Trump being president. You can't be this slow. You still watch mainstream media, don't you?
Ya public private partnerships
What happened to Jim? Was he always an avid Trump supporter? I've read his books. He is supporting a true fascist. He is all in. Now he's coming out. Naming all the Trump family and key players with great support. I think he's looking for a job. In the administration.
Look where we are now?! Facebook & Twitter in collusion with government agencies for years! Stop focusing on & blamimg one person and get some history. The boogeyman is already in power.
You are living in the msm/ establishment/Democrat echo chamber which has indoctrinated your critical thinking skills and blinded you to reality! Save yourself before it’s too late. The real fascists have been in power for the last 12 out of 16 years. I say this as an onlooker from Canada suffering under communist fascism. The old definitions no longer apply. My family emigrated from the communist Eastern block of Europe which is now freer than what is manifesting in the western bloc! I have family living all over Europe including France, Germany, Netherlands , Poland, Hungary. Communist fascism has entrenched itself in the so called Liberal west now. Things have changed! You are so lucky to have Trump you have no idea. I pray everyday to rid ourselves of our evil tyrant . Trump is our hero! 🎉
Anybody with any sense, when given the choice, is a Trump supporter.
No mention of the Trump tariffs? I though you clowns said at the start that interference in the markets don't work?
Tsk tsk, someone, and where not mentioning any names Mr. Altucher, er SOMEONE has been playing around with electrical outlets again :((
:D
You’re missing the prelude that you missed the OP pack you missed a 22% interest rates. What date are you starting from my friend the central bank existing collapses every 80 years
Ha... you're comparing the US slow growth of 2009 - 2019 to the Great Depression?! Uncle Krackers!
Regan deficite spending just like today.. recessions and capitalism go hand in hand
Thank you Reagan for making the poor poorer and suppressing wages and unions for years
Let us see if what you’re saying is correct (I don’t think so) and I’ll be back on you if everything turns out to be wrong
This person is what happens when someone who is good at 1 thing (economics) thinks he's an expert in everything.. virology, history, politics, geopolitics. And then he reads a few books aligning with his world view, and he then talks like he knows more about it than anyone, including people who are actually inside the areas he discusses. I'd be very wary listening to a sanctimonious nihilist like this.. they are the dredges of society who fashion themselves as immutably omniscient about every topic they are asked about. Just look at his book titles.. he's been completely wrong about pretty much everything, even vis a vis economics. His ego has run completely wild.
Well put.
Huh? He's lived in and participated in, that history first hand.
Little harsh I think . I don’t get the impression he’s trying to be a know it all but rather he is well informed. He cites studies i.e. John Hopkins on the efficacy of the experimental gene therapy.
Brutal edits ! 🤦♂️
Stillwater Critical Minerals stock will 100x when miners take off
1 minute into the video....Possibility of a recession? Possibility of a recession? Seriously? "Possibility" implies something that might happen in the future.Have you seen the state of the economy right now?
Why didn't u say the universe is in a recession?
we are in recession now and if it wasn't for excessive government spending we would be in a depression
revaluation of goĺd up also gives china russia india (BRICS) is this what USA wants? maybe not and you the march forward to buying up as much BTC as possible is NOW!!!!!
Utter nonsense! Socialism is NOT a euphemism for Communism. The two are quite different. Socialism is the centralization of power to the State (the degrees of this can vary from full State control to forms of regulated private enterprise) . China, Cuba, North Korea, and the USSR are/were Socialisms, not true Communisms. Communism is essentially theoretical - in a pure Communism there is no centralization of power - in fact there is no hierarchical structure at all. The idea is a fully self-regulating system of absolute collectivism - where individual aspirations and desires are replaced by the needs of the community/system - all individuals are equal and contribute to the society (in the various ways people with different skills and levels of ability can). There has never been a large scale Communist society - the system has operated historically in small scale communities like kibbutzim in Israel.
Because humans have desires communism would not function.
What you say is not possible and cannot exist even for a day... Nonsense and you should know. Everything living has a hierarchy and any and all societies must so have to exist. All the very best no matter where you are on the ladder 😉
@@Johnny-dp5mu Well I absolutely agree with you - that is why I said "Communism is essentially theoretical" (much like pure Libertarianism - with its emphasis on extreme individualism). It is unworkable which is why it has never been implemented by any government. Vladimir Lenin believed the Soviet form of Socialism would eventually transition into a fully Communist society (which obviously was fanciful) - the problem is Socialism is a natural fit for control freaks and authoritarians - once they take hold they never relinquish power (unless they are deposed)
Is this a communist channel?? I mean there's the hair and all. But I came because I saw Jim Rickards.
Trump's only policy is this; Shake things up so he can shake them down. All this sophist analysis is useless.
Are you a simpleton? Couldn't be furthest from the truth. Do you still listen to mainstream media?
Executive order 13111
😂 do u think
Jim got the definitions between Communism and Socialism completely wrong which is surprising given the intellectual muscle this guy possess. The difference between the two systems involves WHO or WHAT entity owns the means of production. In Socialism, the government owns the means of production and it Communism, the people collectively, (thus the root word "commun" for community), own the means of production. One is NOT a euphemism for the other. By the way, in Capitalism, the INDIVIDUAL owns the means of production.
That's the lie that they tell the dumb people to go along with communism. Once you're in the communism, the communist government owns everything and you. The people starve because the people owns nothing. Ask China!
I just don’t understand. In 2020 my employees were going into the hospital, barely able to breath and things were shut down. After we got vaxed things opened up and I don’t know anyone who got Covid since. Seems like the vaccine or something worked.
Richards is a lawyer,,just like Powell..get out of economics 😮
Why is the host wearing a bird's nest on his head?
Shows he has a smart working brain!!
They kicked the derivatives to Europe. I don’t know what the hell you guys are talking about you’re in a bubble.
Trump policies will be a disaster, not to say that the Democrats would have been any better. The problem is the enormous national debt of 36 trillion and the 3 trillion dollar annual deficit.
The same thing was said in November 2016.
Blah blah blah. Same old story for 45 years.
ENERGY STUPID ,drill baby drill. Climate activist have got to go, they ruin everything.
US citizens lived through 4 years of Biden's installed "presidency. " It was hell.
So being so smart: offer a workable solution better than Trump and defend your position!!
The best....
I was born in 1982. This cl0wn has been calling calling for recession every year since I was born.
Why don’t you guys go live in Russia?? Fascism?? You CLEARLY have no idea what fascism is and should experience it first hand. Maybe Hungary? Sounds about right for you.
Trump is the swamp as well as his choices. Couldn’t be swampier.
Nope and nope. You're all on the Titanic.
This guy has been wrong about his predicts for 4 years..all garbage
Largly bullshit here.... Lots of observations with false attribution...
Blah blah Trump apologist
Jim is an excellent guest and entertaining. However he really has no actionable insight. He is a supremely confident individual with an impressive resume. Yet nothing worthwhile. These interviews are all marketing forays.
Dude you cut the video too much. Very annoying to watch
This is not the info I'm looking for, thanks for nothing.
Financial deregulation was the initial cause for the financial crisis of 2008
en.wikipedia.org/wiki/Causes_of_the_Great_Recession
The major causes of the initial subprime mortgage crisis and the following recession include lax lending standards contributing to the real-estate bubbles that have since burst; U.S. government housing policies; and limited regulation of non-depository financial institutions.
I was born in 1982. This cl0wn has been calling calling for recession every year since I was born.