Jim Rickards on Economic Warfare, Russia Win, and US Recession

June 14, 2022 – Financial Sense Newshour speaks with well-known strategist and author Jim Rickards, who helped facilitate the first-ever financial war game conducted by the Pentagon. Jim says the biggest economic impacts of the Russia-Ukraine war have yet to hit the globe and explains when and how they are going to be felt in the months ahead. As well, Jim says that reality is now starting to sink in that Russia is winning the war against Ukraine, which, once fully understood, will have clear long-term implications for certain key commodities and future negotiations. Jim also explains how we are a 'rounding error away from recession' and that he believes the Fed is going to tighten us into a recession and possible financial crisis. What is he doing and telling investors about how to navigate the difficult period he sees ahead? Listen in to hear what he has to say!

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Follow Jim on Twitter @JamesGRickards

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