Here’s a World War D scenario for you, dear reader… As a retaliation for US sanctions on Russia in the wake of the invasion of Ukraine, Russia responds like this: Hackers attack the New York Stock Exchange and force it to close indefinitely; the Russian government dumps its billions of US Treasuries in the open market, causing interest rates to rise and crashing the US real estate market. The banks go into turmoil as people panic and withdraw their money. It would be a Russian strike on the US, without firing a shot. That’s just one scenario hedge fund manager, economist and author Jim Rickards painted on the new era of financial warfare in his speech this morning at World War D. …the world financial system has no anchor while a…war goes on between inflation and deflation.
Read more about A Violent End for the Global Financial System
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