Thursday, December 25, 2014
Jim Rickards on Economic Crisis in America and Europe & Collapse Oil Prices
Erin sits down with Jim Rickards – author of “The Death of Money” and chief global strategist at West Shore Funds – to discuss the US and Europe. In October, data coming out of the US demonstrated lower mortgage yields and a surge in refis added to 4-year lows in gas prices to give consumers more disposable income. Jim tells us what he thinks of the new data and also gives us his thoughts on divisions at the ECB. He also projects how far Chinese growth will have to fall in order to make a successful rebalancing a possibility and gives us his prediction on what will happen if oil prices continue to stay weak.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
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