Oh my gosh. I always feel like my IQ goes up when I talk to Jim

Rickards. He has so much knowledge about so many things, but particularly he's been there,

done that when it comes to all things in the economy. Like some of his stories

of what he's personally seen and done are some of the most famous events that have happened

in the economy in the past 50 years. Anyway, he wrote a new book, Money GBT, which is about kind of

the financial aspects of AI and how AI could affect the

economy. But we started off, I just wanted to ask him in general what he thinks is going to

happen in this economy. And we go really deep. So we divided this into two parts. One is

everything you need to know about the current state of the U.S. economy, and it was a real education

for me, and this is something I read quite a bit about, so I'm really excited to share this with you.

And then the second part, which will be out later, is going to be about AI and its effect on the economy.

But here's my friend Jim Rickards, and I'm sure you're going to enjoy this as much as I did.

And look, if you have any comments, questions, let me know.

And as usual, please subscribe to the podcast.

This isn't your average business podcast, and he's not your average host.

This is the James Altasier Show.

Jim, before we started the call, I jumped on the call.

I heard you talking with Jay, my producer, about the possibility of a recession.

Even though your book is Money.GBT, it's about AI.

You are an economist.

I want to talk about recession possibilities a little bit.

You were harking back to when Reagan took over and you said there was a big recession from 1980 to 82.

...