Aftermath book jim rickards9/9/2023 Merton, who shared the 1997 Nobel Memorial Prize in Economic Sciences for a "new method to determine the value of derivatives". Members of LTCM's board of directors included Myron S. Meriwether, the former vice-chairman and head of bond trading at Salomon Brothers. Wikipedia's entry for Long-Term Capital Management informs us: He was the legal spokesman for the high-leverage firm that engineered the biggest bankruptcy of the 1990's. WHO IS JIM RICKARDS, AND WHAT HAS HE DONE?Īs general counsel for the hedge fund Long-Term Capital Management (LTCM), he was the principal negotiator in the 1998 bailout of LTCM by the Federal Reserve Bank of New York. It is not worth a book, except for the sake of the author's royalties. So, the fact that today's elite has a 2000-year-old secret dream is irrelevant for either economic analysis or economic forecasting. Think "Brexit." Yet here is Rickards telling us that these visibly dying programs are in some way going to be imposed by a bunch of frantic elitists who have overseen the breakdown of their own unholy, half-baked system. Third, the New World Order is visibly falling apart in Europe. Second, there has never been any international taxation. Meanwhile, the euro is on the verge of falling apart. The European Union is part of it, but it is now in crisis. There are bits and pieces of it: uncoordinated international bureaucracies with no powers of enforcement. There have been other announcements of a New World Order. The United Nations is a tax-dodge that provides tax-free income for impotent bureaucrats. What about a one-world order? This has been talked up ever since the Peace Conference at Versailles in 1919. Nothing has ever come of any of these plans. He does not mention this, but one such plan stretches back to the League of Nations. There have been a few proposed plans for global taxation. That is why it was abandoned in 1914: fiat money inflation was easier for the governments to steal with. It worked because the elite could not manipulate it. Well, with respect to the international gold coin standard, yes: 1815-1914. Has this plan ever come close to working? No. Hadrian built a wall across northern England as a way to avoid having to impose it on the Scots. It never persuaded China, with which it traded. Has this 2000-year-old plan ever worked? No. (Note: he offers no evidence for any of this.) Anyway, it's the same old, same old. The agenda is simple: world money, world taxation, and world order (p. The agenda thrives today in institutions with anodyne names like United Nations and international monetary fund. What is the elite agenda? The agenda is unchanging, pursued in centuries past by Caesar and Napoleon, and in the 20th century by the Rockefeller, Roosevelt, and Bush dynasties. He announces this in Chapter 2, which is titled, "One Money, One World, One Order." Here, we read: When you read it, you will find that there actually is no secret plan. His latest potboiler is titled, The Road to Ruin: The Global Elites' Secret Plan for the Next Financial Crisis. James Rickards writes "the end is near" books.
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