Aristotle said nature abhors a vacuum. As applied to politics, this means that when a power is weak or absent, other powers will rush in to fill the void.
Jim Rickards on How the Pandemic Has Sparked a Multi-Generational Shift
Jim believes the pandemic is not going away and talks about the impacts on the economy, the technical recession, and in fact he thinks we are in a depression which is worse than a recession.
Jim Rickards on How the Pandemic Has Sparked a Multi-Generational Shift
“We are heading for and Economic Depression” In this interview, Jim Rickards talks about how the pandemic has created a multi-generational shift in the economy. He believes the pandemic is not going away and talks about the impacts on the economy, the technical recession, and in fact he thinks we are in a depression which […]
Jim Rickards: Why isn’t the gold price climbing with governments buying?
In this video, Jim Rickards answers a reader’s question: Why hasn’t the gold price gone through the roof over the last few years with governments buying up tonnes of the metal? Jim explains it’s not as simple as the gold price going up or down.
From Bubbles to Safe Havens
While inflation may not be much of a problem, asset bubbles (especially in stocks) definitely are. A collapse in inflated stock prices may now be underway, partly due to global liquidity concerns surrounding the impending insolvency of Evergrande in China and a shortage of high-quality collateral in the Eurodollar markets. Stocks have reached new highs […]
Jim Rickards : World Economic Forum’s Great Reset
Jim Rickards provides an update on the Great Reset Agenda, which was a prevalent topic of discussion prior to the pandemic.
A Taper Tantrum or Something More?
September’s financial headlines were dominated by reporting on the Federal Reserve Open Market Committee (FOMC) meeting on 21–22 September, and their policy announcement and economic projections unveiled on 22 September. Markets responded approvingly in the following trading days. At this time, they confirmed expectations that they would begin tapering asset purchases in November. With the […]
What Labour Shortage?
Dear Reader, Under normal government statistical methods, you are only considered unemployed if you don’t have a job and are looking for one. But, if you don’t have a job and are not looking for one (either because of COVID, school closings, or no available jobs match your skills), then you are not technically ‘unemployed’. […]
Interesting Times
Friends sometimes offer the old intention, ‘May you live in interesting times’. After taking a beat, they quickly add, ‘That’s not a blessing, it’s a curse’. Of course, it’s not intended as either; it’s an ironic take on the news of the day. However intended, it’s certainly true. We are living in most interesting times. […]
A Problem Even Worse than the Pandemic
I hope you have enjoyed my recent editions of The Daily Reckoning Australia. I have tried to cover some of the most important FAQs on topics from central banking to the pandemic, demographics, emerging markets, gold, and more.
