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Jim Rickards | Aftermath
Description
Jim Rickards is our guest today.
Debt is growing faster than the economy.
In an eventual financial crisis, we discuss how a real estate investor will fare.
A prolific author, Aftermath is Jim Rickards' new book.
Debt, inflation, and interest rates are macroeconomic forces that affect you daily.
The U.S. has $23 trillion in debt. Why can't we just keep kicking the "debt can" down the road?
Alexander Hamilton effectively created the debt 230 years ago.
When the debt-to-GDP ratio exceeds 90%, problems occur. It's 103% in the U.S. today.
We discuss debt solutions, and why negative interest rates and Trump tax cuts won't work.
Rickards says inflation has nothing to do with money supply; it's about psychology.
Learn how a new international monetary system looks - outside the U.S. dollar.
In a new system, hard assets retain value. Stocks and bonds lose substantial value.
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Book - Amazon:
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