Rickards’ Currency Briefing: China’s Ponzi Scheme

The success side of the Chinese economic equation is well-known. Still, there’s a dark side to this economic growth. The dangers from that dark side now threaten to overwhelm the economic success. Jim discusses how massive debt and a ponzi scheme threaten China’s financial system and may cause a severe devaluation of its currency.

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Jim Rickards’ Tactical Currency Profits

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Jim Rickards

James G. Rickards is the editor of Strategic Intelligence, Crash Speculator, Gold Speculator and Tactical Currency Profits. An Ex-CIA insider, he is also an American lawyer, economist, government advisor and investment banker with 40 years of experience working in capital markets on Wall Street. He was the principal negotiator of the...

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