EXCLUSIVE: My Conversation With Jim Rickards
Thousands of headlines have been written and millions of words put to paper to explain why Donald Trump won.
But it’s all been wasted effort…
Trump’s triumph can be credited to something very simple: The American people said enough is enough.
They didn’t trust what was happening with the ruling elites in the cesspool of Washington D.C.
So they rolled the dice and gave Trump a chance.
What that means for our future, nobody knows.
But what is certain is the elites haven’t given up the fight…
In fact, according to former CIA insider and bestselling author Jim Rickards, what they have in store for us is the greatest single power grab the world has ever seen…
Out of Ammo
I spoke with Rickards recently about his latest book, The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis, (click here to claim a free copy) on my Trend Following Radio podcast.
He made clear that the ruling elites he speaks of aren’t a deep, dark conspiracy of nefarious actors like you’d see in a James Bond movie.
Instead, they’re names you know very well: Fed chair Janet Yellen, European Central Bank president Mario Draghi, International Monetary Fund chief Christine Lagarde, former Treasury Secretary Larry Summers, et al…
These are the world’s central bankers, finance chiefs and high-level political operatives who meet regularly at tony events like the Aspen Ideas Festival and Davos.
Together, they’ve crafted the policies and infrastructure that form the core of the church of globalization and modern finance.
But here’s the thing…
Their inept policies have failed miserably.
Under their leadership we have experienced years of economic stagnation, multiple economic crises and bubbles, record debt levels, stagnant wages and almost all of the income going to one group – the ruling class.
The bottom line is that regular people have lost confidence in the elites.
And the funny thing is that the elites have lost confidence in their own blather.
Their policies have led to crisis after crisis. And they realize that they’ve run out of rescue options…
You see, during the 1998 Long-Term Capital Management collapse, Wall Street had the resources to rescue a hedge fund whose collapse almost closed down every market in the world.
In the financial crisis of 2008-09, global central banks had the wherewithal to rescue Wall Street.
But when the next crisis hits, who’s going to bail out the central banks?
The Fed’s balance sheet has gone from $800 billion to $4 trillion since the financial crisis. Rates are near zero. There’s no ammunition left. And the markets know it.
That leads us to the ruling elites’ new scheme…
An Insidious Plan
As Rickards sees it, the next crisis is going to be unlike anything we’ve ever seen.
He sees collapses as natural disasters, like earthquakes.
In a natural system, you can’t stop the process of an earthquake. The energy is built up over time and needs to be released… so it is.
If it continued to build up, the natural system would only become more unstable. And the eventual quake would be unfathomably destructive.
But that’s just what’s happening in our global financial system…
Reckless central bankers have repeatedly prevented systemic excess from being purged during each new crisis.
Now these excesses have built up to a point where they’re going to be devastatingly destructive when they explode.
And when that happens, the global elites will employ one last-ditch plan to save the day for their interests – not ours.
It’s an insidious plan to seize the assets of hard-earned savers like you and me.
And the truly scary part is the infrastructure for this scheme is already in place. You just aren’t aware of it yet.
Rickards reveals the startling details of this new scheme in his latest book, The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis. I’ve secured a free copy for you. Click here to claim it.
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