Can We Escape the Debt Trap? - MAGA Economics - James Rickards (Video)

In this 11 December 2025 published Hillsdale College video, James Rickards delivers a presentation titled ”MAGA Economics” during Hillsdale College’s Center for Constructive Alternatives (CCA) seminar, ”U.S. Economic Policy: Great Society to the Present”, held from November 2–5, 2025.
Rickards’ talk focused on “MAGA Economics,” examining nationalist versus globalist perspectives in American economic history. The seminar explored the shifts in U.S. economic policy over the last 60 years, transitioning from the “Great Society” programs to contemporary free-market and command-and-control orientations. Rickards was part of a lineup that included Amity Shlaes (Great Society failures), Stephen Moore (Reaganomics), and Casey Mulligan (Economics of Obamacare).
James Rickards is an American lawyer, investment banker, economist, and author known for his expertise in global finance, geopolitics, and precious metals. He gained prominence as the principal negotiator for the 1998 Federal Reserve-sponsored rescue of Long-Term Capital Management (LTCM), a major hedge fund.
He advises the U.S. Department of Defense and the U.S. intelligence community on capital markets and global financial issues.
https://youtu.be/Pb1Ls8fyi4s
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