Jim Rickards Warns, Turkey Will Be 'Ground Zero' In The Next Global Debt Crisis

"As Turkey shifts from a firmly secular society to one dominated by religious and authoritarian rule, it still relies on Western institutions to deal with potential debt, currency and reserve crises. Turkey’s new alienation from the West may mean that Western help will not be available in a future financial crisis."

  • Feb 22, 2018 1:42 PM
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Deficits Do Matter

"This confluence of these events argues that investors should prepare for a new paradigm and not get caught flatfooted trusting in outdated narratives..."

  • Feb 22, 2018 12:49 PM
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Bubbles Everywhere...

"Holy Shit!!! That’s INCREEEEDIBLE!!! The Fed printed so much, they even managed to re-inflate the great Beanie Baby bubble of 1998 (at this point I’ve gone from abject shock to bemused laughter)"

  • Feb 22, 2018 11:50 AM
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Curb Your Expectations

“With valuations at levels that have historically been coincident with the end, rather than the beginning, of bull markets, the expectation of future returns should be adjusted lower..."

  • Feb 22, 2018 9:34 AM
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