financial crisis 2020 – Gold News Today

Contrasting the present break out to the flu is like contrasting apples to oranges, claimed best-selling writer Jim Rickards.

" I assume in 2014, 20,000 people passed away of the influenza, and so much in the USA, we have about 100 fatalities, and they say it's not a huge offer. Yet that totally misreads," Rickards claimed, indicating the unpredictability around the illness's transmission variable, just how it spreads, as well as current absence of a sensible vaccine.
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We are potentially going into an "Ice-9" situation where the whole world may "freeze" over financially, claimed Jim Rickards, very popular writer of "The Road to Spoil" and also "After-effects: 7 Secrets of Wide Range Conservation in the Coming Chaos."

" If you close down the New York stock exchange, and also I can not market supplies as well as get cash, I'm going to sell my cash market funds or redeem my cash market funds. Then you've got to shut down the money market funds market, and after that people state 'ok, I'll go to the banks or the Atm machines,'" he claimed. "And then you've reached shut down the financial institutions so the factor is, it spreads from exchange to cash markets, to brokerage firm accounts, to banks, as well as you wind up closing down the entire system."
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