Very few seem to understand what is happening. This man understands.
Trump is a) remaking the judiciary, b) dealing with China, c) reducing taxes, d) liberating the economy from regulations, and e) getting a grip on immigration.
The will and ability to address China’s behaviour is crucial to understanding what Trump is trying to do.
In other parts of James Rickards’ talk, we learn that inflation lies ahead. Student loans amount to 1.6 trillion USD. Default rates are 20%. The loans are guaranteed by the government. The amount owed is twice the size of the 2008 mortgage crisis.