Jim Rickards: Ukraine Tensions, China's Crisis & Stock Market Bubble Risk

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In this episode of Wealthion, host James Connor of Bloor Street Capital (@BloorStreetCapital) sits down with Jim Rickards, Former Advisor to the CIA and Pentagon, to discuss the current state of global affairs.
Rickards, known for his deep insights into geopolitical and economic trends, shares his views on a range of topics including the ongoing Ukraine conflict, the precarious situation in the Middle East, the economic implications of China's real estate crisis and if he thinks the stock market is a bubble that is about to burst.
Learn more about Jim and his insights here: wealthion.com/rickards
Timestamps:
02:43 - Jim Rickards on Global Concerns and Ukraine Analysis
11:15 - Russia's Financial Warfare and the Future of the US Dollar
22:06 - The Escalation in Ukraine and Misguided US Policies
32:25 - Middle East Tensions and Global Implications
40:04 - China's Economic Crisis and Global Impact
47:09 - US Economic Trends and Depression Indicators
51:19 - Taiwan's Geopolitical Significance
53:27 - Global Economic Outlook and Historical Comparisons
#geopolitics #economicinsights #investing #financialeducation #podcast #stockmarket #savemoney #ukraine #russia #middleeast east #taiwan @ParadigmPress
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[@Wealthion]

SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion's endorsed financial advisors at www.wealthion.com

[@Peter-MH]

Fantastic stuff as always from Rickards! He just says it like it is, with no mainstream media BS mixed in!

[@IReallyLikeMyNamexD]

He started out being wrong about Portsmouth, and it got worse the longer he spoke. He may be a plain speaker, but what is being said is rather sketchy.

[@Gabby-bot]

Mainstream media wtf is that lolz

[@davidanalyst671]

he could not possibly be more wrong about ukraine. Google the holodomor, and tell me that Ukrainian independence from Putin is a bad thing

[@bryanupton9872]

😂

[@miguelmachado3259]

@@davidanalyst671 David Analyst says it all... Google Holodomor 😂 What does the UK say about the Holodomor for example?....... The official position. Why? Analyst you are)))))))) Pathetic

[@ralphsimpson4593]

My opinion of Jim has just gone up. Great to hear someone telling the truth without the lies and politics.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Jim is great and we will get him back soon!

[@paulvarey2416]

I've listened to a few Richards' interviews. This is the most direct I've heard him. Very interesting. Great job.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment Paul and for the ongoing support!

[@boyu4038]

he was total bullshit

[@RezFaraji]

His explanation of the Ukraine war is the best thing I’ve ever heard. So refreshing to hear someone speak the truth. Amazing

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Yes, great detail on Russia and Ukraine!

[@Erikpdx]

He's repeating information that russia has put out. Nobody else has Ukraine's casualties anywhere near that.

[@pressvinyl4420]

Exactly this. The third largest military in the world is 'winning' a war that was justified with the idea of removing 'Nazis' is somehow a failure of diplomacy. And so was Crimea, I suppose? CIA? Mi6? At first this guy sounded like an apologist but as you move through he sounds more and more like a very well-spoken kook.

[@kkiissssiikk]

@@Erikpdx And, the way you spell Russia let as know you under the info put out by ukraine . 🤷🏻‍♀️

[@davidanalyst671]

you could not be more wrong if you believe jim rickards on Ukraine. He even repeated the disproven lie that Ukraine is fighting because they are nazis. That was russia propaganda 2 years ago when the war started. It was disproven, and they stopped saying it..... You are so stupid, that you believe russian propaganda from 2 years ago that was proven false.

[@Jakethebeard]

Another octogenarian that has FANTASTIC insights...

[@davidanalyst671]

He has his head up his azz on Ukraine. He could not be more wrong. Russia has treated the Ukrainian people like dogs for the last 3 centuries, and 100 years ago, stalin intentionally starved somewhere from 7 - 20 million Ukrainians while he made sure Russians had food. Russia holds grudges, and now is the time this is the place for Ukrainian independence from Russia's strong man dictatorships. He literally could not be more wrong about Ukraine. There are NAZI's on both sides of the war for Ukrainian independence, the founder of Wagner was such a proud nazi he had the ZZ's from Hitlers secret police tattooed on his neck to simulate the NAZI lapel. You are r------ if you think this has anything to do with NAZIS

[@billnope7840]

Always love Jim. His depth of knowledge is unmatched.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Agreed!

[@MrsWhite-jt1gw]

A positive correlation always exists between one's educational level and a pessimistic outlook.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and very profound analysis. You might be right.

[@mackakiwinz4353]

Jim is a modern day genius.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! We will definitely get him back!

[@StockGenius152]

This guy loves to name drop

[@knightybee]

Yep you can always count on Jim telling you how awesome he is during his interviews. Wonder if he has a “I love me” wall at home?

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

[@timO67799]

James Connor is your best interviewer

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment/compliment and for taking the time to view our content!

[@svenkateswaran7516]

Best geopolitical JR interview in a while😊

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! I agree, what a wealth of knowledge!

[@miguelmachado3259]

I lived almost 16 years in Ukraine (yes - in Ukraine) and I hear Jim's words are those of a connoisseur. Wise and very thoughtful. I hope our Western leaders are changed to knowledgeable people such as Jim - among other, at this stage, this is the only way to save the Ukrainian people.... Thank you.

[@chriszzw30]

They are the words of Russian state media my friend. You don't have to be a genius to regurgitate the words of the Kremlin. In fact definitely not a genius......

[@davidanalyst671]

You are wrong about Ukraine as well. The Ukrainian people have lost 1/3 as many soldiers as russia has in this war, and it has cost the west a rounding error in their military industrial complex systems to humiliate the number 2 most powerful army in the world. During Stalins time, Stalin forcefully relocated many Russians to Donbas influence Ukrainian politics, and extend his control.... ironically, the same person starved Ukraine in the 1920's. Ukraine knows what happens if Russia is mad at them, and bears a grudge, and its time for Ukraine to push back the iron curtain to their borders, and if necessary, the USA will help the Russian families that Stalin relocated, go back to their home countries. This is the Ukrainian war for independence, and you have the most powerful country on the planet backing you. Now is the time to fix the wrongs of the holodomor.

[@miguelmachado3259]

BLABLABLA Holodomor BLABLABLA Sad to still see blind people. Yes there were hunger times that killed millions in Ukraine, Belarus, Russia, Khazakstan.... @@davidanalyst671

[@MrCantredr]

Perfect example of an individual who has bought government propaganda through mainstream media, hook line and sinker. Sit back and watch and you will see everything you believe was totally a lie.

[@ty6099lle]

I always love and appreciate Rickard's political and financial takes. The man is a brilliant analyst. Thank you for sharing his wisdom here.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! He is a master!

[@jetflyresq]

I didn’t know Jim Rickards teaches at the War College. This interview shows a different dimension of Jim’s experience and expertise. Very interesting. Well done.

[@bpb5541]

You are funny. You do realize that war is big buisness, right?

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! I wanted to ask him more about his course 'Financial Warfare" but ran out of time.

[@davidanalyst671]

Did they teach about the holodomor in war college, because Jim Rickards could not be more wrong about Ukraine.

[@blackcreekorganicfarm296]

He’s also worked for cia

[@blackcreekorganicfarm296]

@@davidanalyst671you do realise the decendants of banderists run Ukraine look up how many Jews they killed in world war 2

[@dwightwhite6738]

Excellent. Thank you

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

[@rajibdeka2207]

1 hour masterclass on geopolitics, economics and global financial markets. No college can do that. Thank you❤❤

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

[@aaz1992]

Jim spittin facts

[@fubarbrandon1345]

Excellent guest...thank you.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

[@robertmcmanus8465]

Ive heard jim change his mind and have many opinions based on the current information. Alot of stuff here was really really insightful thanks

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment Robert and for taking the time to view our content!

[@London2035]

Bobby Kennedy is the only one that has the talent, the intellect, and the spirit to move this country forward.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and taking the time to view our content!

[@constantinemandylas715]

Finally some truth about Ukraine.

[@Erikpdx]

If you believe Russia.

[@innajohnson5166]

Funny, on every lie there is always donkey believing it’s a truth

[@kkiissssiikk]

@@Erikpdx there are lots of English speaking people all over the World saying the truth based on Global geopolitics.

[@davidanalyst671]

Jim Rickards said that Russia sent troops to fight NAZI's in Ukraine. Thats wierd because he sent wagner forces, and Wagner was co founded by Dmitry Utkin, who has released pictures of himself, with 3 NAZI tattoos. He has the German "SS" tattooed on his neck to represent the lapel of a german secret police officer. Russia isn't fighting NAZI's in ukraine. That is propaganda that was disproven the day after putin said it. You believe Russian propaganda. Jim Rickards is repeating Russian Propaganda. They SENT NAZI"S TO UKRAINE TO FIGHT.

[@Erikpdx]

@@kkiissssiikk is their source....Russia?

[@ocox8659]

Jim is spot on regarding the real situation in Ukraine 👍

[@davidanalyst671]

Jim repeated the Russian propaganda when the war started that Russia was kicking out the NAZI's. This has been disproven. Google a picture of the cofounder of Wagner, who Putin sent to Ukraine. There were two men, putins butler, and another guy, Dmitry Utkin. Now if Russia is fighting NAZI's in Ukraine, can you explain to me why Putin sent Wagner, a group founded by Dmitry Utkin was sent to fight the NAZI's when DMITRY UTKIN HAS MORE THAN 3 NAZI THEMED TATTOOS. He has the German Secret police "SS" lapel tattooed on his neck. You understand that Putin sent military leaders with more than one NAZI tattoos to fight in Ukraine. Jim is repeating Russian propaganda that was disproven when the war started, and you side with Jim. Congrats on being stupid. Dont believe me. Google wagner's founders (who are now dead), and of the founders, google his tattoos.

[@manwthaplan]

Amazing interview!!

[@soundmoneyhacks-global]

Jim the only man that always makes sense on Geopolitical, Microeconomic and Financial Outlook of the globe. He has a sound understanding of financial /currency wars. 👌

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! So so true!

[@Erikpdx]

Rickards has predicted 35 of the last 1 financial crisis. Am I going to be able to sit through this?

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment Erik!

[@josephnoneofyourbeeswax8517]

I don't agree but that was funny. lol

[@michaeljacobs4546]

I agree that the Russian sanctions did not work as expected but I would not say that they have a robust economy.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment Michael and for taking the time to view our content! Yes it would be interesting to see how well the Russian economy is really doing. I suspect, not well.

[@tomdonovan4842]

Excellent insightful review well done

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the positive comment Tom and for taking the time to view our content!

[@seanc846]

I could listen to Jim for hours and hours

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment Sean and for taking the time to view our content!

[@mattanderson6672]

Fantastic!! Probably the best guest ever!!! Love listening to Jim's points Thanks for having him back!

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment Matt and for the ongoing support!

[@gatoquisquilloso]

Great information, one of your best guests!

[@jmcmob608]

Thank you very much...

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

[@levtripolsky2533]

Excellent discussion

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and taking the time to view our content!

[@AlKindi9]

TIMESTAMPS please.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! We will work on this!

[@mattk-kf9fx]

Great insights. You can’t ignore the market though. The everything rally continues. Get onboard as the Fed take rates back to the zero bound and unleashes another round of QE in the election year 🎉

[@chasm603]

Dover NH, I believe is older than Portsmouth. Glad to have such an intelligent person residing in NH. Our Granite State is the best, despite our current governor.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Yes, NH is a gorgeous state!

[@jeffsopha1969]

Victor Yanukovych NOT Petro Poroshenko

[@Namegoeshere-op9hg]

Love Richards. Not sure why he thinks paper money is so good or why eternally mineable gold is so much better…but his insights on anything other than Bitcoin are really insightful.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

[@davidjaylaw1920]

BUTTcoin a Limited Supply of Absolutely NOTHING

[@user-et2fd2di5t]

Great. Thanks Jim, good listening and always learning

[@danoneill2846]

Thanks

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment Dan and for taking the time to view our content!

[@LibertarianRF]

So smart

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment!

[@Bornlivemoveon]

👍👏

[@dfv671]

Jim predicted 100 of the last 3 recessions.

[@jetflyresq]

You can say the same about pretty much all of these guests on KZbin.

[@danyluk1]

That's funny

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! That is actually funny!

[@AmerikiDork]

One of the first things he said was wrong Portsmouth is the oldest city? Not by a long shot

[@stevenhake7500]

It's almost like he's kind of a moron.

[@stubby145]

I think he's wrong about a lot of stuff.

[@brandon-hh7jf]

Mindlessly parroting 'Iranian proxies' ignores the obvious that the Houthis & Hezbollah are Arabs, the Iranians are Persians. The Houthis & Hezbollah act with their own agency and get Iranian support where their interests coincide.

[@sjs928]

THE ENEMY OF MY ENEMY is my friend…. For now

[@JAVEDKHAN-vb7bu]

Rickards is legend mate !

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Agreed!

[@billmelvin3599]

Truly; a very thought-provoking interview with Mr. Rickards.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment Bill and for taking the time to view our content!

[@johns5256]

Jim can you confirm KSA has joined BRICS. A couple days ago Reuters or similar stated they hadn't joined and was pursuing a defense pact w USA?

[@flapoverspeed]

BRICS couldn’t throw a picnic let alone launch a currency

[@alburj1]

Absolutely right about China he is!!

[@brahimdinar572]

Thanks more interesting

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

[@Erikpdx]

Lol, All of his talking points are coming straight from Russia

[@abccba1971]

Valuations are crazy high, right now. There is no entry point, apart from short-term technical plays. It's getting ridiculous.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! I agree, these valuations are astronomical and something will crack.

[@clauspeterganter9604]

Jim - very precise and knowable - nice contrast to the repeating narratives in mainstream media here in europe. Many thanks.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

[@effewe2]

He forgot to mention the great victories by the Russian Navy during the war with Ukraine. Jim - you are smart, but when you start saying lies about the war, you lose my respect.

[@chriseustace9734]

Might China’s economic situation be mirrored by the USA?

[@paulm2631]

We are like 1848 when there were riots and revolts in about six European Capitals. Vast political and spiritual change is in the air.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Crazy times!

[@druidmechanics]

Interest takes on the Ukraine War and related history. Never mind the fact that the "fairly elected" president of 2010, Viktor Yanukovich, ran in 2004 in a contested election before which his opponent, Viktor Yuschenko, was nearly fatally poisoned (likely by a novichok chemical agent, which has been used against Kremlin opponents including Navalny), severely scarring his face. Yanukovich later won with help from Paul Manafort. He also ignores that Russia's invasion of Georgia was predicated on claims of genocide in a region where friction was stoked as Russia gave out Russian passports to Russian speakers, laying a foundation for eventual annexation as it did with Crimea, despite Crimea being part of Ukraine for decades and despite Russia's agreement to this in the Budapest Memorandum. I still value Jim's views and wonder why his assessment of Russia's economy is so at odds with other assessments I'm hearing, including those based on figures Russia itself has published. Maybe he's accurate but some of how he describes things literally has me wondering whether he's in some partial to, if not compromised by, the Russian government and BRICS.

[@JPS40]

Thanks for the video! I like Jim Rickards' insights on the war in Ukraine, the global economy, gold & currency and oil price dynamics. However I have to say that what he says about Israel is completely wrong : Israel attacked his own citizens with Appache helicopters, Hamas just wanted to get hostages to exchange them with the numerous Palestinian hostages in Israeli jails. Israel is occupying a land illegaly and humiliating them since 1947. The world is seeing right now how ridiculous their army and intelligence services are notwithstanding the ever-present stealing of the American people by billions each year.

[@marooned-ou4fj]

Got to remember who controls US financial system, same goes for RFK.

[@rubyslippers9140]

Why are you so sure that Russia will stop with Ukraine. Hasnt he spoken many times about is desire to reassemble the Soviet Union.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! I would agree, more to come from Russia.

[@kkiissssiikk]

Because Ukraine was created in 1991 by Lenin by attaching Novorossia from Russia with Russians on it and natural resources land. That’s why half of Ukraine speaking Russian and pro-Russia. After WWII Stalin attached pieces from Poland, Hungary and Romania to Ukraine, because Volhynia massacre by Ukrainian Hitler’s Third Reich. In 2014 Ukraine did coup d’étar and started to kill Russians on “their” land. Minsk 1 & 2 was signed, but it didn’t help the civil war. Right now, If NATO stops, Russia stops. I am not a fun of nuclear war.

[@caseyrindal1815]

All the people he speaks of are ones who stated this mess. We didn't just arrive here.

[@FabGeorge]

Gross Domestic Income is basically 0% since Q4 of 2022, M2 is 2% lower going back 1 year. Manufacturing is contracting all over the world, producer prices are falling a lot. Tough times ahead or at least for 2024-2025. Stack some cash, pay your high interest rate debts.

[@brandon-hh7jf]

Jim's spoiling the fantasy of the West's narrative, glad he did not mention the Easter bunny and Father Christmas are not real either.

[@kkiissssiikk]

Father Christmas 😂

[@ralphkenniston7604]

He does not use notes!

[@Erikpdx]

That might explain why most of it is wrong

[@davidanalyst671]

Did putin use notes when he said he was fighting nazi's in Ukraine, when Jim Rickards repeats russian propaganda, he doesn't use notes either. Nobody uses notes when they repeat propaganda.... FYI

[@johanberg5156]

Perhaps Jim should share his sources on Ukraine. Im a European and i can say that Jim is often wrong about geopolitics in this part of the world. Askt the Fins or the people i the Baltic states how they feel about russina rule.

[@paulm2631]

Jim, thank you. I'v watched many of your videos, thank you for your bio. Regarding Ukraine what are the true statistics for the current military losses. Kyiv Independent quoting Ukraine Armed states losses as follows: KIA 394,270; armored personnel vehicles destroyed 11,942: Other military vehicles and fuel tankers - 12,579, tanks destroyed or damaged 6,294, artillery systems destroyed 9,459; unmanned aerial vehicles - 7,235; Multiple Launch Rocket Systems 981; planes 332; helicopters 325, cruise missiles - 1,881 destroyed or spent(?); anti-aircraft systems - 666; warships - 24,; submarines - 1.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the detailed comment and for taking the time to view our content! These are great questions I will ask during our next conversation.

[@mbrookscontact]

wti?

[@johnjordansailing]

West Texas Intermediate crude oil.

[@martinback187]

wtf ?

[@mbrookscontact]

@@johnjordansailing.. i wanted his forecast for wti .. Jim usually gives a comment.

[@richgarbacik7182]

If your going to keep doing interviews without Adam. I suggest you start asking better questions... you had us listening to rickards for an hour and didn't ask him where we should be investing in the near future? What do you think the listeners are here for?? Not a good interview.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment Rich! I did want to discuss the economy but we ran out of time. I will focus more on the economy in our next discussion.

[@DSMentzer1]

Russia has achieved more national objectives with the conflict in Ukraine than at any time since the Cold War, and the conflict continues to benefit them while strategically injuring the US and our interests. Internally, US moves will have a deleterious effect on society’s fundamental trust in the USG when the truth finally comes to light. We are criminally culpable for this conflict and it’s effects going back two decades. I wish I could’ve been in Mr. Rickard’s class, but I retired with a belly full as a fighter squadron commander in 2018.

[@salmonfreak]

Jim has the same "stock market bubble" message in every single interview I watched. He is almost always wrong BUT maybe one day he will be correct? Why even listen/interview people who are almost always wrong with nothing but an updated cherry picked narrative?

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Who else would you like to hear from?

[@daveforgot127]

I miss the other guy.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Sorry, what other guy?

[@London2035]

We need some good men at the top with good strategies to be able to come up out of this hellhole that our government has created. Our country has become an absolute clown show. This is an embarrassment for our citizens and something needs to be done. We need healing.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! It is amazing how few good leaders there are.

[@vitalii6787]

Could be more wrong than this. Burned tanks a part of any war, what's important is the ratio. Ukrainian counter offensive was over in September, since then Russia is in offense, with all of that equipment and North Korea ammunition still couldn't break Ukraine. Calling Ukrains nazi is just a shame. That is a great example when smart people looking for alternative news and get to Russian propaganda. Not impressive Jim. However what's trough that Russia is not going to stop after Ukraine and then it will be our turn to fight. And we will probably lose. Wandering what the consequences then will be...

[@sashrafi90]

Why are all the smart old people falling for Israel’s bullcrap? Lose so much credibility when they do that

[@sashrafi90]

Just keeps on cucking for Israel and for NO REASON! Credibility on the subject… down the drain

[@davisutton1]

This is simply not correct. The Russian central bank did act competently, that much is true but the ruble is losing strength quite substantially. It was reasonably stable mid 70s to the USD pre-invasion, it's now low to mid 90s despite exhausting its reserves and a series of draconian measures. To lose what was probably the best million of your workforce to flight, and a further 300,000 to war casualties, while creating massive demand for war industries was naturally going to soak up any excess labor. There is no big win for Russia in this. Equally, Russian national debt is swelling, while living standards are in steady decline. Rickard is correct in stating that there have been limited effects so far because the Russian national pass time is suffering. However, Russia is getting low prices for its oil that are near break-even so to say that Russia's economy has not suffered is lazy and simply false. He also seems to have a very positive view of russia's progress in Ukraine. This is clearly not true. Is Western media too enthusiastic about Ukraine's success? Yes, sure it is. Is Ukraine struggling with a lack of ammunition, yes. Would it be more certain that Russia will fail in Ukraine if the West provided more munitions? Yes. But to describe Russia as 'biding it's time' that is clearly false. Russia had planned this war to end in days or weeks. Further, if Russia was simply defending itself why Georgia? Why Chechnya? If anyone just wants war, it's Russia. Did the West use Ukraine to excite a proxy war? I think so but that all relied on Russia falling into the trap. So Rickards is largely talking balls.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the very detailed comment and for taking the time to view our content! You raise some very interesting points and the chief one being, no one wins in war.

[@romeo20maypole68]

JR is a realistic patriot. would just love to have him over for dinner... but the tube is good enough.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Yes he would be an interesting dinner guest!

[@bulentosmane]

Sorry but Jim is obviously not as well informed on Oct 7th which now makes me question how well informed he actually is on the other matters he discusses. ?

[@IReallyLikeMyNamexD]

He is to be polite "flawed" on Ukraine as well. Wrote a rather lengthy comment on it, but this is such a disappointment. Why on earth he is on this channel is a question. The name dropping ticked me off as well, but that is a personal thing, not objective facts.

[@johnjordansailing]

Oh he's informed. Just doesn't want you or others to be.

[@bearmarkettradeideas]

Which part of Oct.7th exactly?

[@gregorygreene1940]

LOL, this guy is hilarious. Wealthion should have him on more often for comic relief.

[@RPSartre01]

yeah he's a total joke

[@cy5195]

You guys should watch "Bonhoeffer's "Theory of Stupidity"

[@cliffdeane9711]

Greg, Mr. Rickards is absolutely correct in everything he said.

[@jetflyresq]

I don’t understand what part about this interview serves as comic relief. Just cause he is telling it like it is?

[@albacan]

Hundreds of thousands of informed subscribers follow Alexander Mercouris / Duran for geopolitics

[@Seer645]

Between 2014-2022 the Nazi Ukraine army killed 14000 in the Donbas mostly in violation of the 2015 Minsk Agreement. In early 2022 the Nazis moved a 120000 army east of the Dnieper river set to invade. Then VP Happy Harris suggests Ukraine apply to NATO. Missiles on the border would not give Russia any time to determine whether a nuclear response was. Appropriate. The EU and USA and NATO refused to deal. Russia knew the Nazi invasion date and did a preemptive invasion. Zelensky agreed to Peace, Russia withdrew, Boris Johnson rushed to Kiev to nix the deal and 500000 and counting Ukraine army dead and probably a million injured.

[@martinithechobit]

Yessss.

[@sopissedoff]

No harm to him but i think hes a bit fucked up on Ukraine, To call Russia a democracy ,god help us

[@mervingoose1151]

to long my man ...

[@SureshBabu-iu8mm]

big bubble going to burstt

[@TheMasterhomaster]

This guy is extremely one sided in his views and doesn’t give credit for the other side. Rarely is anything so black and white. Not only that, many of his pints are flat out wrong. He has no credibility.

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! What exactly was wrong?

[@chriseustace9734]

The insane EU has just agreed a e54 Billion support package for Ukraine which of course is underwritten by ordinary people!

[@normandolinic2044]

I’m sure it will go to the country’s that are underwater ,it’s just inflation with a smile.

[@taterlumpkin4647]

The elites are draining money from taxpayers for all these wars.

[@Lukky_Luke]

yes it was to little, they should have given more. But more is coming. :) Russias economy cant handle that long anyway. Half of the money is gone. Hopefully Ukraine gets the 300 billion that is frozen as well within 2024

[@not_nostradamus683]

Hidden Secret: Most of the "financial support" for Ukraine consists of sending old, outdated, mothballed, rusting, retired pieces of military hardware from Western arms depots where the Russians blow them up when the arms shows up in Ukraine. The Western countries then use the Ukrainian "financial support" to buy new military equipment from the Western defense industry to resupply their Western military depots. tldr; the Ukrainian "financial support" is essentially a defense industry grift to dispose of old, ancient military arms via the Ukraine, and get money pumped into new defense industry products for the local nations.

[@kkiissssiikk]

@@Lukky_Luke if frozen assets will be given to Ukraine, nobody will take West serious anymore to store their money. That’s why it will never happen. They decided to give Ukraine dividends from the frozen . Russia, Hungary, Poland, Romania will take and restore the parts of Ukraine that they had before 1991 (when Ukraine was created as a Republic into Soviet Union). The faster conflict is over the more Ukrainian people can be saved.

[@MrMcBrainiac]

He is correct about just about everything.

[@mikkimikki5376]

So over Ukraine topic. 😏

[@paulm2631]

Mr. Rickards has an interesting BIO. I hope he is not WEF.

[@davidsherrod2787]

Very informative!

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment David and for taking the time to view our content!

[@chargermopar]

Deflation is the easiest thing to stop. Fed go BRRRR!

[@NatalieLiu-jp1pg]

China sell bonds because of shortage of dollars? I can't believe such fatuous opinion is out of a youtuber with 200 thousands of followers. China is the country who owns the most of US dollars in this planet except for US, which 'makes' US dollars out of nothing. The sum debt of the real estate companies is only a minor portion of the dollar reserves of Chinese government, if you refer to the data revealed by the goverment.

[@bigjoe679]

Mr. Negativity is and has been in la land for years now 👎

[@randywhelchel4674]

Russia “Developed cripple zone”? NOPE try Alexander the great maybe just stick to money kind of things

[@paulneville3960]

For jim to say that all russia wants is ukraine I think he's very wrong

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment and for taking the time to view our content! I agree, they always want more.

[@cynthiaaiken2424]

wasn't the dollar named after some guy dollar?

[@BloorStreetCapital]

It's Jimmy Connor, thanks for the comment! That's actually funny!

[@alexmeager233]

Ukraine losing badly? Russia can’t even taken avdiivka and they have been trying for months

[@frankiesmart1113]

Yes while stealing my U.S. taxpayer money brazenly.

[@sjs928]

Putin to Zelenskyy …” CONGRATULATIONS ! You played yourself …”. That goes for NATO as well …

[@johnjordansailing]

Yeah he tells the truth on old news when its a day late and a dollar short. That's so as you think you can trust what he's saying. Then he goes on to lie about more current issues. Slippery critter.

[@sparrow7152]

Market is fine, jobs are plentiful. Don't listen to bears because youll watch the market keep melting up.

[@zsak]

"I'm a lawyer, trust me." Uh, no. This was a weird interview with someone not backing their statements. Not enough for me anyway.

[@bpb5541]

Enron / GFC. How did those happen? Folks cooking books? Over leverage? Lawyers (not saying you are like them) helped cause both of those issues. The real issue is the super rich folks are very good at hiding issues or better said, risk. This stuff is not transparent for a reason. How it the hell do we get to the actual truth. Such as what is real GDP (without government debt as an input), what is the real unemployment numbers, What is the real CPI (lie)? For me ... I just go against what 90% of the people are saying and doing because the 10% are lying to them and those 10% rule the world not the 90%. In order for the 10% to get rich(er) they have to transfer wealth from the 90% to them. Those 10% sure do make it hard to figure out what they are doing, but it is possible with work. We just need to know where to look. Most (the 90%) are way too lazy to do this work ... which is why we get bubbles and crashes. It is really that simple. That is the way the world works. Lawyers in my experience just make the waters even more muddy (not all of course but at least the ones working for the top 10%). Coporate Layers are the worst, and usually there is not just one of them, there is a whole army of them for each Coporation. The law is supposed to protect and serve the common man (woman) we have gotten so far away from that basic founding father idea because the rich own our politicians and therefor write the laws in their favor. We are getting very close to the end of what America stands for. But hey we could get a civil war. That is always possible. I don't know how much longer the 90% are going to stand by idle. I thought during and after the GFC they would have burned Sh*t to the ground. Now we are 14 years down the road. We learned nothing and the debt levels (and corruption) is at least 5 times as bad. Could get intersting.

[@alburj1]

Jim and many others keep predicting about WW3. Wont happen.