8 chapters across the catalog
The formal knighting ceremony for Stephen Morris, Jim Rogers, Eric Henry, and Doug Fittler is conducted with the traditional "hookers and blow" and "mutton and mead" litany. The hosts direct the new knights to noagendanation.com to claim their rings. They reiterate their gratitude for the financial support that allows the show to remain a "firewall" against mainstream media.
Investor Jim Rogers predicts a massive global economic collapse, potentially the worst in his lifetime, driven by unprecedented debt levels in the US and China. While Rogers expects governments and institutions to fail, the hosts compare the current situation to the 1857 depression and suggest the fallout may be less severe than Rogers' dire warnings.
Shepard Smith, Fox News Shift on Russia Investigation
Fox News anchor Shepard Smith is criticized for his passionate defense of CNN's Jim Acosta and his demands for answers regarding the Trump administration's ties to Russia. The hosts suggest Smith is distancing himself from the traditional Fox News stance to seek employment at other networks following the Roger Ailes era.
IMF Reserve Basket, Chinese Yuan, Jim Rogers Interview
The International Monetary Fund (IMF) officially added the Chinese Yuan (Renminbi) to its Special Drawing Rights (SDR) basket of reserve currencies. Investor Jim Rogers comments that while the move is currently symbolic, the Yuan is the only currency capable of eventually challenging the U.S. dollar's dominance. The hosts discuss the shift toward a "shadow currency" for international trade.
President Xi Jinping's visit to Europe has led to increased Chinese investment and the dropping of trade probes by the EU. Financial commentator Jim Rogers notes that Europe is "nice" to China because they need the capital for bailouts. Meanwhile, Chinese officials are pressuring the U.S. Congress to approve the 2010 IMF reforms to stabilize global markets.
H7N9 Bird Flu, Jim Rogers, and Agricultural Disaster
A new strain of bird flu, H7N9, has emerged in Shanghai, China, resulting in several deaths. The hosts play a clip of investor Jim Rogers warning about a global agricultural disaster due to low inventories and an aging farmer population. Rogers predicts that food prices will skyrocket this decade as production fails to meet consumption.
Canadian Bail-in Policy, Cyprus Bank Crisis and Jim Rogers
The 2013 Canadian budget includes language regarding the "rapid conversion of bank liabilities," which the hosts identify as a "bail-in" policy similar to the one implemented in Cyprus. Investor Jim Rogers is cited regarding the danger of trusting government assurances about bank safety. The hosts warn that European banks, specifically Santander, are changing terms to allow for the seizure of depositor funds.
Famed investor Jim Rogers warns on CNBC about a looming crisis in soft commodities due to a global shortage of farmers. He notes that the average age of a farmer in the U.S. is 58 and that parts of Japan have no farmers left. Rogers argues that food price increases are driven by both supply shortages and the "debasement" of currency through quantitative easing (QE2).
