Jim and Lori Bakker discuss the current economic state of the world with James Rickards and Michael Snyder.
Quotes
The lessons I learned and the lessons that I have been applying ever since is that derivatives are dangerous. Leverage is dangerous. Letting the banks have too much power is dangerous. -James Rickards
Headlines
Islamic State claims responsibility for the Brussels attacks :Washington Post
China is buying up American companies fast, and it’s freaking people out :Business Insider
Exclusive: Iran wants euro payment for new and outstanding oil sales :Reuters
Canada’s gold stash down to last bit as it almost empties reserves :The Star
China firm buys AMC to form world’s largest cinema chain :CNN
Will This Trigger World War III? US Army Stockpiles Munitions Near China :Sputnik
Global Stocks Continue To Crash As Oil Plummets And Gold Skyrockets :Economic Collapse
Fed may need to hike rates more than four times this year :Reuters
In charts: Inflation stirs as Federal Reserve stands still :FT
