James Rickards – 2024 Brings Financial Crisis, Election Chaos & The End For The Dollar – London Real | CIA Insider predicts Trump wins president – Search

Jim Rickards

“The 2024 election is poised to be one of the most tumultuous events in American history,” Rickards states. “We are facing the potential for a 50% market crash, the collapse of the US dollar, and widespread civil unrest. The time to prepare is now.”

Key points of Ex CIA Rickards’ urgent warning:

1. Election-Triggered Market Crash: Rickards foresees a massive stock market downturn, with potential losses exceeding 50%, and a significant devaluation of the US dollar.
2. Civil Unrest and Possible Martial Law: His forecast includes a high probability of violent riots and social disorder, possibly leading to the imposition of martial law and temporary suspension of civil rights.
3. Immediate Action Required: Rickards outlines five essential steps Americans should take immediately to protect their wealth and personal safety.
4. Proven Track Record: With a history of accurate predictions, Rickards’ insights and strategies are based on extensive experience and expertise.

The 2024 Presidential Election could be the ‘Tipping Point’

Rickards outlines several reasons as to why the stock market could fall at any moment following the election.

• Election Chaos and Legal Challenges: Rickards suggests that the 2024 Presidential Election could be similar to the 2000 election but on a much larger scale. This could lead to a prolonged period of uncertainty, causing investors to panic and sell off their stocks.
• Refusal to Transfer Power and Civil Unrest: If Trump wins the election, but is prevented from taking office by the current establishment, Rickards predicts widespread civil unrest to break out. Violent protests, clashes with law enforcement, and potential declarations of martial law could create tremendous fear and uncertainty, driving a massive sell-off in the stock market.
• Collapse of the US Dollar: Rickards foresees a scenario where the political instability resulting from election chaos and civil unrest leads to a loss of confidence in the US dollar. As investors seek safer assets, there could be a rapid devaluation of the dollar, causing a fight from dollar-denominated assets, including stocks.
• Increasing Inflation: We still have an inflation problem. The combination of government spending, policies, and political instability could lead to hyperinflation. Rickards warns that inflation could become “1000 times worse” than current levels, eroding the value of investments and causing a stock market crash as investors try to preserve their wealth.
• Policy and Governance Issues: Rickards notes that we can not continue to sustain the current administration’s policies on immigration and spending. If things remain, we could be headed towards economic instability. For instance, massive government spending could lead to a fiscal crisis, where the government is unable to service its debt, causing a loss of confidence in the financial system.
• Historical Comparison: Rickards being one who successfully predicted the 2008 financial crisis, implies that similar systemic risks are present today. He suggests that underlying economic weaknesses, combined with political instability, could lead to a sudden market downturn similar to the collapse experienced in 2008.

As the 2024 Presidential Election approaches, former Vice President Kamala Harris is gaining momentum in the polls. This development has prompted former CIA advisor and economist Jim Rickards to share his perspective on what a Harris presidency could signify for the nation.

Harris Presidency: Things Will Get Worse?

Rickards has highlighted several key indicators that suggest the U.S. economy could face significant challenges if Kamala Harris wins the presidency. Among these are:

• Market Volatility: The financial markets are currently experiencing heightened volatility, reflecting investor uncertainty about the future. A Harris presidency could amplify these concerns, especially if her policies are perceived as unpredictable or overly progressive, leading to further market instability.
• Rising National Debt: The U.S. national debt is already at unprecedented levels, and Harris’ potential policy initiatives, which may include expanded social programs and infrastructure spending, could exacerbate this burden. Without careful fiscal management, the increased debt could strain the economy and limit her administration’s ability to respond to economic downturns.
• Inflation Pressures: Inflation has been a growing concern, and Harris may face difficulties in curbing rising prices. Her administration’s potential focus on wage growth and social equity could inadvertently fuel inflation, making it harder to maintain price stability without stifling economic growth.
• Deepening Political Division: The country is more politically divided than ever, and Harris’ presidency might deepen these divisions, particularly if her policies are seen as favoring certain groups over others. This could lead to gridlock in Congress, making it challenging to pass legislation necessary to stabilize the economy and address pressing issues.

All of these indicators point towards the Harris administration facing a complex and turbulent economic landscape.

Staying Prepared for Uncertain Times

Given the potential economic and political challenges that could arise from a Harris presidency, Jim Rickards urges Americans to take proactive steps to safeguard their financial stability and personal security. Rickards stresses the importance of being well-prepared for any possible scenario.

“Preparation isn’t about fear—it’s about prudence,” Rickards emphasizes. “In times of potential change and uncertainty, those who are prepared are better positioned to weather the storm.”

Rickards has detailed these and other strategies in his latest brief, which is designed to help Americans navigate the potential challenges ahead. By taking these steps now, individuals can better position themselves for a potential Harris victory.

For more insights and updates from Jim Rickards, including his five steps to prepare for potential economic challenges, please visit Paradigm Press Group.

About Jim Rickards

Jim Rickards is not just a financial expert; he is a seasoned insider with a deep understanding of global economic and political dynamics. With decades of experience advising the CIA, Pentagon, and other high-level government agencies, Rickards has consistently demonstrated an uncanny ability to foresee major global events before they unfold.

His predictions of the 2008 financial crisis and the 2016 election of Donald Trump were met with skepticism at the time, but both proved to be remarkably accurate. His insights, drawn from his understanding of complex financial systems and global economic trends, have helped many avoid significant losses during multiple turbulent periods.

Now, as the 2024 election looms, Rickards’ insights offer a sobering perspective on what might lie ahead, drawing from the same analytical conclusion that has made him a trusted voice in uncertain times.

“The potential election of Kamala Harris could be the spark that ignites a national crisis,” Rickards stated.

Communism explained in 60 seconds: ideas that changed the world.

How a radical new ideology revolutionised both politics and wider society

 The Cloward–Piven strategy = is a political theory developed in the 1960s by sociologists Richard Cloward and Frances Fox Piven. It aims to create chaos in the welfare system to overwhelm it, forcing the government to take action to fundamentally transform society into stages to socialism – Search1 2 3.

Socialism can be divided into three stages 1 2:

• The honeymoon period: During this stage, the experiment has some initial success in some areas and its international standing is relatively high.
• The excuses-and-whataboutery period: The honeymoon period never lasts forever.
• The not-real-socialism stage: This is the final stage of socialism.

Communism is ‘one of the most influential economic theories of all times’

In this series, The Week looks at the ideas and innovations that permanently changed the way we see the world.

Communism in 60 seconds – Search

Communism is a political and economic ideology that stands in contrast to capitalism’s “emphasis on profit and private ownership”, said National Geographic.

Is World War Three on the horizon?Countries that are still socialist todayIs Russia turning back into the USSR?

In a perfect communist society, the benefits of labour are shared equally, all property and wealth are communally owned, and the class system disappears. “The state owns the major resources…including property, means of production, education, agriculture and transportation”, for the benefit of the people as a whole rather than the profit of private owners, said the University of North Carolina’s Center for European Studies. 

 Communism is “one of the most influential economic theories of all times”, the university’s website said.  

LATEST VIDEOS FROM the week stages to socialism – Search Videos   

How did it develop?  

Communism first took shape as a political ideology in 1848, when German academics Karl Marx and Friedrich Engels published “The Communist Manifesto”.

The pamphlet theorised that the working class – the proletariat – would soon rise up all over the world and reject their capitalist overlords – the bourgeoisie – ultimately moving towards a communist society.

The manifesto ends with the famous aphorism: “The proletariat have nothing to lose but their chains. 

They have a world to win…Working men of all countries, unite!”

Communism is often confused or conflated with socialism. Although the two ideologies share the goal of a classless society, socialists are generally open to working within the system and “bringing the free market under control [rather than] eliminating it completely”, explained Encyclopaedia Britannica. Marxist philosophy views socialism as a transitional step on the path to pure communism.

In his three-volume tome “Capital”, Marx offered an in-depth economic and social critique of capitalism, rather than a blueprint for revolution. The practicalities of establishing and running a communist state would fall to the likes of Vladimir Lenin, Leon Trotsky, Joseph Stalin and Mao Zedong, all of whom lend their names to different schools of communist thought.

In 1917, Russia became the first country to put the communist experiment into practice, when Lenin’s Marxist Bolshevik movement overthrew the Tsarist regime and established the Union of Soviet Socialist Republics, or USSR. It would become “one of the biggest and most powerful nations in the world, occupying nearly one-sixth of Earth’s land surface”, said History.com.

Initial idealism quickly turned into something darker, as Lenin unleashed the Red Terror, a campaign of mass repression designed to eliminate political opponents and crush dissent.

When Joseph Stalin came to power following Lenin’s death in 1924, he showed a similar ruthlessness in cementing his total control. Between 1936 and 1938, as many as 1.2 million Russians were executed in what became known as the Great Purge.

The development of a vast police state created a climate of oppression, paranoia and fear, with those suspected of opposing the regime at risk of execution or exile to slave labour camps known as gulags.

Why did it fail? 

No other Russian leader ever approached comparable levels of brutality after Stalin’s death in 1953, but state surveillance, censorship and repression continued throughout the USSR.

By the 1980s, Soviet Russia’s economy was in tatters:

With “many people were considerably poorer than the poorest people in the capitalist West”, explained History Hit. “The population were tired of the widespread corruption and dissatisfied with the police state and censorship.”

When Mikhail Gorbachev became leader of the USSR in 1985, he sought to reverse the economic decline and gave new freedoms to the people and the press. “The state lost media control and democratic reform movements grew throughout the Soviet bloc,” History Hit added.

In 1987, US President Ronald Reagan gave his famous speech in Berlin calling on Gorbachev to “tear down this wall”. Two years later the Berlin Wall fell, and one by one, Eastern European countries began rejecting communist rule.

“A wave of optimism swept across Europe,” said the Pew Research Center. “By 1990, the former communist leaders were out of power, free elections were held, and Germany was whole again,” the US Office of the Historian added.

How did it change the world?    

“What started in 1917 Russia became a global revolution, taking root in countries as far flung as China and Korea to Kenya and Sudan to Cuba and Nicaragua,” said History.com.

All were plagued by similar issues to those seen in Soviet Russia. In China, Chairman Mao Zedong’s attempt to force the agrarian Chinese economy into a “Great Leap Forward” resulted in tens of millions of deaths from starvation.

At the end of the Second World War, the Soviet Union turned its focus to expanding its influence over the rest of the world – setting the stage for the Cold War, an ideological battle between the capitalist US and the communist Soviet Union.

Although the much-feared nuclear Armageddon never occurred, the two powers squared up indirectly by backing opposing sides in conflicts around the world.

Rep. Elise Stefanik blasts: ‘You’re hearing a failing strategy from Kamala Harris’ | Watch The legacy of these so-called proxy wars – which include the Korean War, the Vietnam War and the Algerian War of Independence – continues to shape geopolitics today. The Arab Iranian Israeli and Russia – Ukraine China < conflict… 20th-century international relations – New World Order, 1991-95 | Britannica

“A New World Order”

We heard first from President G.H. W. BUSH NEW WORLD ORDER – Videos in his 1991 State of the Union Address — 12 days after leading coalition forces int0 war against Iraq. 

Bush Sr. was followed by his successor — Bill Clinton’ with a 1995 speech on race relations.  An “opportunity” presented itself, he said, “and we dare not let it pass us by.” Was George W Bush wreck less about 9/11 – Search

To Obama: “Fundamentally Transforming the United States of America” and  Biden allowing 11 million illegal immigrants to walk across the border Now praying Kamala Harris never sees her first priority as President of the United States of America.