“The problem now is if you pull the plug, it will be chaos,” warns Jim Rickards, New York Times bestselling author. In an exclusive interview with Daniela Cambone, Rickards explains that the Democratic Party waited too long and believed President Joe Biden was okay despite occasional gaffes. “This is a guy who doesn’t know who he is. By the way, who’s thinking about national security? Who’s thinking about the United States of America? All they’re thinking about is keeping power,” he says.
Rickards also states that the U.S. is caught in a financial war, with the U.S. dollar being threatened by BRICS nations and their new currency. Even though the U.S. dollar will remain the world’s reserve currency, the BRICS currency could become a successful trading currency. “That’s how confidence is lost in the United States, slowly at first and then suddenly. So we’re not at the ‘suddenly’ stage yet, but we’re getting really close.” Watch the powerful interview to learn more about Rickards’ thoughts.
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00:00 Ray Dalio’s comments on Dem/Rep parties
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16:48 Republican Party is the Nationalist Party
19:30 Biden replacement
28:08 De-dollization
36:13 What brings down the debt?
41:41 Gold
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