#113 Jim Rickards On What The Israel-Hamas War Could Mean For The Global Economy

Jim Rickards (@JamesGRickards) returns to the podcast to discuss what the Israel-Hamas war could mean for the global economy, the impact on oil prices, and the rise of antisemitism on American college campuses.   This episode was recorded on October 19.  Rickards is a New York Times bestselling author of Currency Wars: The Making of the Next Global Crisis and several other best-sellers, including The New Great Depression, Aftermath, The Road to Ruin, Death of Money, The New Case for Gold, and his newest book Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy.  An investment advisor, lawyer, inventor, and economist, Rickards has held senior positions at Citibank, Long-Term Capital Management, and Caxton Associates. He is also the Editor of Strategic Intelligence, a widely-read financial newsletter. Links:  http://www.jamesrickardsproject.com/ https://twitter.com/JamesGRickards 0:00 Welcome back to the show, Jim Rickards 1:20 The big picture, according to Rickards  2:16 Horror of October 7  8:27 Israel’s response in Gaza  10:30 Egypt, Jordan unwilling to take in Palestinians  12:16 Ground invasion and logistics  13:45 A much more brutal, drawn-out and violent result  15:20 What this could mean for investors  21:00 A financial war  26:00 Greatest threat to the dollar 28:00 Ineffectiveness of sanctions  34:00 Antisemitism on college campuses