Posts by James G. Rickards

  In writing about central bank digital currencies (CBDCs), we’ve made the point that the government has to destroy any alternatives in order to force people to use CBDCs in the first place. The dangers of CBDCs are obvious. They include government surveillance of your transactions, the use of artificial intelligence to profile you based…

The American people were told that we had to support the Ukrainians in their war with Russia because the Ukrainians were fighting for democracy and liberty. If Americans did not stand up for those values, which were endlessly repeated, we would soon find Russians invading the beaches of New Jersey (at least that’s the Lindsey…

We’ve been writing and warning about a recession since early this year. The technical definition of a recession is two consecutive quarters of declining GDP with some discretionary factors, such as the unemployment rate, thrown into the mix for good measure. We actually did have two consecutive quarters of declining GDP in the first and…

The heavy attack on Israel this weekend by the Palestinian militant group Hamas has shocked the world. So far, about 1,500 people are confirmed dead. That number will only grow. We don’t have many facts at this point, but it appears to be a massive intelligence failure by Israel. That in itself is shocking because…

With debt levels reaching all-time highs in major developed and developing economies and with debt-to-GDP ratios also in record territory (not including contingent liabilities such as Social Security, health care, and other entitlements, which make matters worse), it seems time to consider just how nations will deal with this problem. The debt crisis may not…

A last-minute deal has averted a government “shutdown,” which would have taken place on Sept. 30. But all it does is kick the proverbial can down the road. We’ll be back right where we started 45 days from now when this agreement expires, just before the holiday season. Then the same theatrics will begin again.…

Long-time readers know I was the Chief Counsel of Long-Term Capital Management, and I was the lead negotiator of the $3.6 billion bailout by Wall Street banks that stabilized the fund and prevented a global meltdown that would have closed every exchange in the world at least for a while. When we got the bailout…

We’re all familiar with the situation on the U.S. border with Mexico. It’s not as if the border is just easy to cross. It’s wide open. There’s nothing stopping anyone from coming in at any time. As many as 8 million illegal immigrants have crossed the border since Biden became president. They’re not mostly Mexicans.…

The green new scammers have had a long run. They’ve been warning that the planet will be destroyed in ten years for the last forty years, which means they have been wrong all along, and they’re still wrong today. Their predictions of global warming or “climate change” are based on models that are badly flawed.…

Mike Lindell is an entrepreneur and founder of the My Pillow company, which offers pillows, linens, bathrobes, slippers, and just about every other item for the bedroom or bathroom you can name. Even if you don’t buy his products, you must know his name because he has a huge marketing budget and bombards the airwaves…