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Jim Rickards' new book - 'The Road To Ruin', interview with Max Keiser (link below) -

Summarizing -


Rickards says that during the next financial crisis the plan is to lock down the financial system. He said all the plans are in place and all the laws have already been passed. The elites know the crisis will be too big for the already tapped out Federal Reserve, so the only place to turn will be the IMF and their SDRs.

But he says before they get to the SDR/IMF stage, they're going to lock down the system, close banks, shut down ATMs, close the stock exchanges, and money market funds will suspend redemptions.

In a financial panic, everyone wants their money back. In previous financial crises, the powers that be printed money and gave you your money back. But that won't happen this time - you won't get your money back and instead they will lock down the system.

Rickards says this is not hypothetical - every law to do this is already on the books and the elites have been signaling each other that this is coming.

When will the crisis hit? Rickards says we'll be lucky to get 2 more years, but the fragility of the financial system is such that it could literally happen tomorrow.

He says the only way to reliquify the system after the next crisis will be the SDRs of the IMF. That's the only clean balance sheet left in the world. Getting the Chinese yuan into the SDR basket was essential in getting China to go along with accepting the SDR solution.