James Rickards - The Road To Ruin - Trailer
London Real
Brian Rose
4.4 • 1.9K Ratings
🗓️ 28 December 2016
⏱️ 2 minutes
🧾️ Download transcript
Summary
James Rickards is an American lawyer and a regular commentator on finance. He is the author of The New York Times bestseller Currency Wars: The Making of the Next Global Crisis, published in 2011, The Death of Money: The Coming Collapse of the International Monetary System, published in 2014, and The New Case for Gold, published in 2016.
Watch this trailer: https://youtu.be/LC4uVn3RQD0
FREE FULL EPISODE: http://londonreal.tv/james-rickards-the-road-to-ruin/
(Out Now for Members; Public release on 01-Jan-2017)
Transcript
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| 0:00.0 | Let's talk about the speed with which we are watching this market material. |
| 0:04.0 | We're now down 43%. |
| 0:07.0 | In 1998, Wall Street got together and bailed out a hedge fund. |
| 0:10.0 | In 2008, the Central Banks got together and bailed out Wall Street and all the banks in the world. |
| 0:15.0 | In the next crisis, who's going to bail out the Central Banks? |
| 0:20.0 | Everything about this was corrupt. The bankers got the profits, not the people. This is not left versus right or republican versus Democrat. This is elites versus everyday people. That's what's going on. |
| 0:30.0 | Are they trying to wreck the system? |
| 0:33.0 | No, but they are wrecking the system. |
| 0:36.0 | They're not uneducated. |
| 0:38.0 | They're miseducated. |
| 0:39.0 | We should be descaling the system. Punch a hole in a vessel. One compartment will fill up, but the vessel won't sink. Break up up into five banks or more. If one of those banks |
| 0:54.7 | fails, too bad for them, but the whole system doesn't go down. |
| 0:59.3 | Now President Bush declared a state of emergency two weeks after 9-11. |
| 1:05.0 | For 16 years, President Bush and President Obama have renewed the state of emergency. |
| 1:12.0 | America is one phone call for martial law. |
| 1:14.4 | We will not tolerate and will be disobedient. |
| 1:17.8 | We can't save the world. |
| 1:19.4 | What can we do to save our families? |
| 1:21.6 | I recommend putting 10% of your investable assets in physical gold |
| 1:25.8 | and silver. Fascism properly understood is not a creature of the right or the left. |
| 1:35.0 | They're right-wing fascist, but they're also left-wing fascist. |
| 1:38.0 | Fascism is the elevation of the state. State. |
... |
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