Win / GreatAwakening
GreatAwakening
Sign In
DEFAULT COMMUNITIES All General AskWin Funny Technology Animals Sports Gaming DIY Health Positive Privacy
Reason: None provided.

Rickards is not just some conspiracy theorist. He was a government lawyer who convinced Wall Street to bail out the LTCM hedge fund in 1998. Without that bailout, it would have caused a global financial collapse. (Fun fact: the only banks that refused to help in that bailout were Lehman Brothers and Bear Sterns, they were the only banks not to get a government bailout in 2008)

Rickards wrote up this manufactured collapse scenario in an excellent book called, The Road to Ruin. If you want to know this insight in greater detail, I recommend it.

2 years ago
1 score
Reason: Original

He wrote this up in an excellent book called, The Road to Ruin. If you want to know this insight in greater detail, I recommend it.

2 years ago
1 score