Manage episode 377748323 series 3378373
“They really try to bring the economy to a halt to bring the inflation down, and then we’ll get a next wave of inflation. I am afraid for that,” says Willem Middelkoop, founder of the Commodity Discovery Fund and bestselling author of The Big Reset: War on Gold and the Financial Endgame. He predicts that the next wave of inflation will hit the U.S. in 2024 to 2025.
Given the development that BRICS are pursuing global energy dominance, Willem argues that we’re in a “financial World War III.” He also points out that Saudi Arabia has turned itself into an adversary with the U.S. after it started selling Treasuries en masse over the last few years. Willem concludes by warning that the BRICS are working on a “parallel trading system” that will exclude the U.S. from international trade.
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