Rick Ackerman-We are Definitely in a House of Cards Situation
Editor’s Note: Great interview and advise…
Rick Ackerman of RickAckerman.com thinks there is going to be a repeat of the financial implosion of 2008, Ackerman says, “I think the collapse in energy prices is probably the most logical catalyst for a real crisis, and it could feed into other things. We are definitely in a house of cards situation, and I haven’t seen anything as obvious or logical as the energy price collapse as far as what might produce that black swan. . . . Of course, the higher the prices go, the higher the averages go and the more money it takes to sustain it. So, it is not a perpetual motion machine.”
Join Greg Hunter as he goes One-on-One with financial newsletter writer Rick Ackerman.