Rickards: Elements For Financial Lockdown Are In Place
James G. Rickards joined up with the Mises Institute to discuss his latest book out now, The Road to Ruin, and how the financial lockdown could come sooner than expected. During the conversation Jim Rickards speaks with Jeff Deist and highlights the financial elites plan for the looming economic crisis, the central bank agenda and highlights exactly how people can protect themselves.
“The elites see the crisis coming. That is something they are sharing with each other, not everyday citizens.” He went on to note his specific research and said that, “It is not speculation. All the elements to lockdown the financial system, freeze your money, shut down ATMs has all been done before. That is what is happening now. All the elements are in place.”
James Rickards is a New York Times best selling author and has worked with the US intelligence community in advising on international economic issues. Rickards spent over three decades working in capital markets on Wall Street and within the financial sector. If you’d like to learn how to get your own free copy of Rickards latest book, The Road to Ruin, and have it sent directly to your doorstep, click here for more information.
“Catastrophic risk in complex systems, they do collapse periodically. They do implode on, they fold in on themselves. The worst thing that could happen is an exponential function of scale. What that means is that when you double the size of the system you don’t double the size of the risk. You probably increase the risk by a factor of ten. If you quadruple the size of the system, you probably increase the risk by a factor of 100. In other words, it is an exponential relationship.”