CIA adviser: ‘Arm yourself against crisis’ | Financial

The American James Rickards (70) experienced the bankruptcy of his hedge fund LTCM in 1998 ‘to my shame’ as a result of the ruble crisis. Since then, he has studied dozens of crises. He advised the CIA and Washington on the implications for societies. “Governments are taking too much debt. That is not sustainable. As ordinary people you have to arm yourself against that.”