Your thoughts on Jim Rickards pitch on economic direction?

Question

Hello BP'ers!

Just read few VERY interesting articles from Jim Rickards... Not everything we read / listen on the web is 100% accurate, but to some extent his pitch might help people understand what's happening on global scale to think through and adapt/adjust their investment strategy if necessary.

Any thing that we could learn and apply as a RE Investor? Would love to hear from experienced RE Investors on their opinions (Especially multi-family apartment investors as that's my interest area!).

Below are few links OR you can Google his name to find lots of stuff!

https://www.youtube.com/watch?v=KYW5OGWfqJc

http://jimrickards.blogspot.com/

Thanks in advance,

Ravi

Larry Turowski · Answer

Ravi K. I watched a minute or so of the video.  I had never heard of him before.  But the tone was so alarmist and cataclysmic, even using words like "shocking" and "nightmarish" that I couldn't keep watched.  It is obviously trying to push emotional buttons.

Ravi K. · Answer

@Larry T. , I agree with you and I felt the same way. It seems he through some credible references in his video and I am sure he is trying to sell some course or something of that sort (who is not these days?)...Just was trying to see who else watched this stuff and what their thoughts around what he is saying and of course, important question is what (if any) is really applicable to RE world! Thanks for chiming in. Ravi.