323 | James Rickards: How Broken Supply Chains Will Sink the Global Economy

The Realignment

Saager Enjeti, Technology, Policy, News, Marshall Kosloff, International Relations, Politics, News Commentary, Public Policy, U.s. Politics, National Security, Economics

4.8 • 2.5K Ratings

🗓️ 9 December 2022

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

James Rickards, author of Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy, joins The Realignment to discuss how and why the global supply chain crunch began long before COVID, the entanglement of economics and geopolitics, why reforms/fixes to the status quo aren't enough, and what the emerging, regionally-focused "Supply Chain 2.0" will look like.

Transcript

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0:00.0	Marshall here, welcome back to the Realignment.
0:03.0	Today's episode is a part of the Realignment's Daily Series covering the big themes that
0:12.4	drove 2022.
0:14.2	If you're enjoying these daily episodes and would like to support the work the team's
0:17.6	putting in this month, go to Realignment.supercast.com or click the link in the show notes in your
0:23.4	podcast player where you can subscribe for a monthly yearly or lifetime membership.
0:28.3	I just got back from Boston, which was the close of our East Coast tour.
0:34.4	We did a show in New York on Tuesday and then at Boston's show last night, so I'm excited
0:38.8	I'm going to have more time to put into the newsletter.
0:41.1	So if you'd like to subscribe to the sub-stack, the show link is also available in the podcast
0:46.5	notes as well.
0:47.5	Today's episode is all about supply chains.
0:50.8	I'm speaking with James Rickards.
0:52.7	He's the author of a new book, Sword Out, Hellbroker Supply Chains, Surgeon Inflation, and
0:57.7	Political Instability will sink the global economy.
1:01.1	Hope you all enjoy this conversation and of course a huge shout out to Lincoln at work
1:04.5	for supporting our work.
1:06.2	See you all next week.
1:13.2	James Rickards, welcome to the Realignment.
1:25.2	Thank you, Marshall.
1:26.2	You have this useful line in the book that kind of gets at the definitional question.
1:31.8	A supply chain isn't an object.
	...

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