Rickards is a former investment banker and hedge fund manager who is now a widely-recognized authority on finance and economics. He’s the author of the book, “The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis.” In it, Rickards lays out his case for why the next financial crisis will be even worse than the last one. He also shows how to survive and even thrive in the midst of it.We’ll also explore how you can use his techniques to improve your financial forecasts. You can also check https://www.bankingsupport.info/who-is-jim-rickards/to have an in-depth view of him.
Jim Rickards: Who is he, and what does he do?
Jim Rickards is an American economist and investment banker currently the Chief Global Strategist at Meraglim. He is a Senior Managing Director at West Shore Group and a member of the New York Mercantile Exchange Board of Directors.
Rickards correctly predicted the collapse of the Soviet Union, the 1998 Russian financial crisis, the 2001 U.S. stock market crash, and the 2008 global financial crisis.
Rickards has a J.D. from the University of Pennsylvania Law School and a B.A. from Hamilton College. Click on https://www.bankingsupport.info/who-is-jim-rickards to know about his achievements a bit more.
Rickards is the author of four books:
The Road to Ruin (Portfolio, 2016)
The Death of Money (Portfolio, 2014)
Currency Wars (Portfolio, 2011)
The New Case for Gold (Portfolio, 2016)
What Jim Rickards thinks about the current state of the economy
In a recent interview, Rickards stated that he believes the economy is in a very precarious position and that a significant financial crisis is looming. Rickards went on to say that the current state of the economy is very similar to the conditions that existed before the 2008 financial crisis and that he believes another magnitude of that magnitude will likely occur in the near future. If you wish to know more about his statement on this topic, click on https://www.bankingsupport.info/who-is-jim-rickards to have a clear concept.
Jim Rickards’ predictions for the future of the economy.
Jim Rickardsbelieves that the economy will continue to experience substantial growth in the coming years. He attributes this growth to continued innovation and the increasing global interconnectedness of economies. Rickards predicts that the United States will continue to be a leading economic power, but those other countries, such as China, will increasingly play a role in the global economy.
Jim Rickards’ advice for investors in today’s market
Investors need to be careful in today’s market and diversify their portfolios. Jim Rickards advises investors to do the following:
1) Stay away from leverage
2) Don’t get so attached to any one asset
3) Diversify your portfolio
4) Have a long-term time horizon
5) Be patient
6) Don’t panic
7) Stay informed
Jim Rickards’ thoughts on the future financial system.
In his book The Road to Ruin, Jim Rickards’ offers a sobering look at the future of the financial system. He draws a picture of a world where the global elite has rigged the system, and the rest of the population has suffered.
Rickards is a former investment banker and hedge fund manager who knows a thing or two about finance. And he’s not afraid to name names, either. He singles out central bankers, international organizations like the IMF, and financial regulators as the main culprits in the coming crisis.
Jim Rickards is highly respected in the financial industry for his ability to predict market crashing events. His most notable predictions include the 1987 stock market crash and the more recent 2008 global financial crisis. While Rickards does not have a perfect track record, his experience and insights make him one of the most well-respected voices regarding market predictions. Visit https://www.bankingsupport.info/who-is-jim-rickardsto get further information about him.