We last spoke to Jim Rogers way back in January. He told us then that we were set to see the ‘worst bear market’ in his ‘lifetime’.
Since then, a lot has changed. Russia has invaded Ukraine, inflation has gone on a tear, Europe is facing a major energy crisis and the US has been sabre-rattling in Taiwan. To say things have stepped up a gear could be considered an understatement.
Since then, a lot has changed. Russia has invaded Ukraine, inflation has gone on a tear, Europe is facing a major energy crisis and the US has been sabre-rattling in Taiwan. To say things have stepped up a gear could be considered an understatement.
Since then, a lot has changed. Russia has invaded Ukraine, inflation has gone on a tear, Europe is facing a major energy crisis and the US has been sabre-rattling in Taiwan. To say things have stepped up a gear could be considered an understatement.
So, we decided to invite him to GoldCoreTV to catch up with our host Dave Russell and to ask his thoughts on a few things. As ever this is a thought-provoking interview but we especially recommend you listen to his final answer at the end, when he is asked about his thoughts on the US-Taiwan-China situation.
A Depression is a period in time when Unpayable Debts are cancelled en masse. To determine the looming Depression's severity, we can look at the amount of bead debts piling up. The BRICS nations (Brazil, Russia, India China, South Africa) might combine with the Global South to cancel all debts denominated in dollars, pounds, euros and yen. They are expanding the list of attendees to the May 2023 conference in China. In passing might I point out that the Vatican has ordered all money from Catholic organizations around the world to be deposited in the Vatican bank where it can be ring fenced from the coming economic chaos and collapse.
Sergey Glazyev, Minister of Integration and Macroeconomics for the Eurasian Union, has proposed that the Global South join BRICS and refuse to repay any loans denominated in dollars, pounds, euros and yen. It will destroy all bank paychecks, deposits and savings in those currencies. It will trigger a quadrillion dollars in derivatives. America, Britain, Europe and Japan will be done.