Jim Rickards Issues Cautionary Tale of Economic and Social Unrest Following 2024 Election

Former CIA advisor Jim Rickards foresees a significant economic and social downturn in the U.S. post-2024 election, with potential market crashes and civil unrest. He warns of a 50% market crash, the collapse of the U.S. dollar, and the likelihood of martial law. Rickards advises urgent preparatory measures, outlining five steps for Americans to protect their wealth and personal safety. With a history of accurate predictions, Rickards' insights are grounded in extensive experience and expertise.

As the 2024 presidential election approaches, former CIA advisor Jim Rickards, a renowned economist, and financial expert, is raising concerns about potential economic and social turmoil. Rickards, who has a proven track record of accurate predictions, including the 2008 Great Recession, Trump's 2016 election win, and the Covid crisis of 2020 (1), now warns of a 50% market crash, the collapse of the US dollar, and widespread civil unrest following the election.

According to Rickards, the upcoming election is likely to be one of the most tumultuous events in American history (1). He believes that the stock market could experience a massive downturn, with potential losses exceeding 50%, and a significant devaluation of the US dollar. Additionally, the expert predicts a high probability of violent riots and social disorder, possibly leading to the imposition of martial law and the temporary suspension of civil rights.

Rickards outlines several reasons for his dire prediction, including election chaos and legal challenges, refusal to transfer power, and civil unrest (1). He suggests that the 2024 presidential election could be similar to the 2000 election but on a much larger scale, leading to a prolonged period of uncertainty and panic selling among investors. Furthermore, if Trump wins the election but is prevented from taking office by the current establishment, Rickards predicts widespread civil unrest, including violent protests, clashes with law enforcement, and potential declarations of martial law.

To help Americans prepare for these potential outcomes, Rickards outlines five essential steps they should take immediately to protect their wealth and personal safety (1). He encourages individuals to diversify their investments, build up their emergency funds, stockpile essential supplies, and consider obtaining physical protection.

Given Rickards' history of accurate predictions, his insights and strategies are based on extensive experience and expertise. While the prospect of economic and social turmoil following the 2024 presidential election may be alarming, individuals can take steps to protect themselves and their loved ones by following Rickards' advice and staying informed.

References:
[1] Globe Newswire. Ex-CIA Insider Issues Urgent Warning of Economic and Social Turmoil Post-2024 Election. June 29, 2024. https://www.globenewswire.com/news-release/2024/06/29/2906254/0/en/Ex-CIA-Insider-Issues-Urgent-Warning-of-Economic-and-Social-Turmoil-Post-2024-Election.html