The U.S. is the world’s largest economy, the dollar is the world’s reserve currency, and today’s guest explains “what happens here, doesn’t stay here.”

James Rickards, author of “Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability will Sink The Global Economy” says, “We’re heading for a very severe recession.” Rickards explains how Jerome Powell and the Fed’s rate hikes will throw the economy into a recession and by the time they realize it, it’ll be too late to do anything about it.

Host Robert Kiyosaki and guest Jim Rickards discuss Jim’s final two factors that will affect the global economy, and what you can do to protect your wealth.