“I Can’t Believe Jerome Powell Said This as A FED Head”- Jim Rickards | The Market Talk
In this video, Jim Rickards who is a renowned analyst expresses his thoughts on recession on a global scale.
He says that Federal Reserve will always tell you late and if you are relying on their declaration for a recession then my friend “Hold your breath”. FED will declare the recession only when it’s over.
You need to be vigilant about this and change your sources for this kind of information. Speaking more about the Recession Jim said that Not only America But China is also in a recession and he believes that China is not being transparent about its facts and numbers. He puts forward a logic that if America is facing a recession then how can China not be affected by it at all as America is the largest importer of China’s Goods.
ABOUT JIM RICKARDS:
James G. Rickards is an American lawyer, economist, investment banker, speaker, media commentator, and author on matters of finance and precious metals. He is the author of Currency Wars: The Making of the Next Global Crisis and six other books. He lives in New Hampshire
Credits:
Jim Rickards: We're Going To Wake Up This Winter With A Severe Recession
[ Ссылка ]
Channel:
The Julia La Roche Show
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