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Friday, December 5, 2014

Jim Rickards Signs Are Now Flashing Bright Red, Our Chickens Are About To Come Home To Roost.”

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By Josey Wales


Jim Rickards on the coming collapse of the U.S.Dollar. With 18 trillion dollars in debt and growing daily, the end game is just about here.


As you will see below Jim Rickards is well respected by his peers. Jim has worked for the government on many financial crisis in the last 35 years.


In the video below you will hear Jim Rickards explain how our U.S Dollar has been damaged, why the Federal Reserve is bankrupt, how the petro dollar deal is reversing to the detriment of the U.S. and what America's debt and unfunded liabilities mean to the future of this country. This is information everyone needs to understand and prepare for.


Jim states the end game is here, possibly in the next 6 months, plunging the U.S and maybe even the world into a 25 year depression.


“Everybody knows we have a dangerous level of debt. Everybody knows the Fed has recklessly printed trillions of dollars. These are secrets to no one,” he said.



“But all signs are now flashing bright red that our chickens are about to come home to roost.” – Jim Rickards, Folks need to understand it's coming and it's coming quick!



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While at the end of the day (and towards the end of the video) he may be trying to sell a book’, his facts along with his governmental pedigree speak for themselves!


James G. Rickards is an American lawyer, economist, and investment banker. He is a regular commentator on finance, and is the author of The New York Times bestseller Currency Wars: The Making of the Next Global Crisis, published in 2011, and The Death of Money: The Coming Collapse of the International Monetary System, published in 2014.


As general counsel for the hedge fund Long-Term Capital Management (LTCM),[4] [5] he was the principal negotiator in the 1998 bailout of LTCM[6] by the Federal Reserve Bank of New York.


Rickards worked on Wall Street for 35 years.[7] Rickards is now the senior managing director for market intelligence at Omnis, Inc.,[6] a consulting firm.[3] On March 24, 2009, Rickards presented his view at a symposium at Johns Hopkins, that the U.S. dollar is vulnerable to attack from foreign governments through accumulation of gold and establishment of a new global currency.[8]


On September 10, 2009, Rickards testified before the U.S. House of Representatives about the risks of financial modeling, VaR, and the 2008 financial crisis.[9]


Critical Reads: More News Mainstream Media Chooses To Ignore By Josey Wales, Click Here!


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