Bitcoin Forum

Economy => Economics => Topic started by: allthingsluxury on February 28, 2017, 01:56:52 PM



Title: Global Financial Meltdown - James Rickards on How To Avoid Financial Ruin
Post by: allthingsluxury on February 28, 2017, 01:56:52 PM

James Rickards on how to avoid another financial crisis. Where should you position your money? What can you do? Is the collapse avoidable?

In this video, James Rickards breaks all of these questions down and attempts to dispell some of the myths that exist out there, while at the same time, not sugar coating the future. Bad times are ahead, but profits can still be made.



Click here to watch this video:

http://jimrickards.blogspot.ca/2017/02/global-financial-meltdown-james.html


Title: Re: Global Financial Meltdown - James Rickards on How To Avoid Financial Ruin
Post by: Hydrogen on March 01, 2017, 10:03:49 PM
The source for it is a youtube video, if no one wants to click on the links.

https://www.youtube.com/watch?v=5aLSTlz9CDU

I agree with him, bringing Glass Steagall back to implement greater separation of commercial from investment banking is a good idea.

Breaking up banker cartel monopolies is also good.

Derivatives ban, I'm not sure about. Some of it should be banned due to derivatives exposure being in the trillions of dollar range & threatening world economic stability.

The 2008 economic meltdown was caused by derivatives.


Title: Re: Global Financial Meltdown - James Rickards on How To Avoid Financial Ruin
Post by: HabBear on March 02, 2017, 03:35:03 AM
To the OP, why must you encourage us to listen through a lengthy, dramatic video that keeps shying away from getting to the point?

Here's a shorter summary for all: http://www.reviewopedia.com/jim-rickards-reviews (http://www.reviewopedia.com/jim-rickards-reviews)

Rickards is selling a subscription to investment information that will surely help you "avoid financial ruin in the next global meltdown!"

It'll cost you $40 or $80. I wouldn't bother with this guy, I don't think he accepts bitcoin!

And most likely his information advises people to buy bitcoin to avoid the global market collapse!   ;D


Title: Re: Global Financial Meltdown - James Rickards on How To Avoid Financial Ruin
Post by: davis196 on March 02, 2017, 06:45:32 AM
There are 2 solutions that will help to avoid any financial ruin.
1.Never borrow money.
2.Buy bitcoins. ;D
There`s no need to listen to fake financial "gurus".


Title: Re: Global Financial Meltdown - James Rickards on How To Avoid Financial Ruin
Post by: Rockie1234 on March 02, 2017, 02:53:06 PM
This is ridiculous. Anyone giving advice on financials markets in a slick salesman kind of way (let's not forget tai Lopez) is very likely a fake or at best, giving mediocre advice. If this man knows enough to make exponential gains, surely he would keep it to himself? Also, how many times have you heard "a leading trader" talk about a market crash?
Nothing happened to the market.


Title: Re: Global Financial Meltdown - James Rickards on How To Avoid Financial Ruin
Post by: beerlover on March 02, 2017, 02:57:28 PM
There are 2 solutions that will help to avoid any financial ruin.
1.Never borrow money.
2.Buy bitcoins. ;D
There`s no need to listen to fake financial "gurus".
You are a new guru ?  ;) Jokes apart, what would be the problem in getting loans in recession periods ? I agree bitcoin kind of economic independent system will save us. Moreover bitcoin will find boom if would economy finds any fall down.


Title: Re: Global Financial Meltdown - James Rickards on How To Avoid Financial Ruin
Post by: Hydrogen on March 02, 2017, 05:52:49 PM
To the OP, why must you encourage us to listen through a lengthy, dramatic video that keeps shying away from getting to the point?

Here's a shorter summary for all: http://www.reviewopedia.com/jim-rickards-reviews (http://www.reviewopedia.com/jim-rickards-reviews)

Rickards is selling a subscription to investment information that will surely help you "avoid financial ruin in the next global meltdown!"

It'll cost you $40 or $80. I wouldn't bother with this guy, I don't think he accepts bitcoin!

And most likely his information advises people to buy bitcoin to avoid the global market collapse!   ;D

His $40-$80 advice is probably to buy gold or silver.

Or a investment strategy designed to arbitrage gains while protecting from colossal market crashes.

He made some very good points about glass steagall & derivatives in his free advice.


Title: Re: Global Financial Meltdown - James Rickards on How To Avoid Financial Ruin
Post by: Mitcsell on March 14, 2017, 01:55:27 PM
How to avoid financial collapse:

1. Think with your head

2. Learn from your mistakes and do not repeat them.

3. Invest in different projects

4. And of course to earn bitcoin ;D