Willem Middelkoop is an author, investor, and hedge fund manager. He was pushedinto the spotlight after the publication of his first book (about the eventual crash of the dollar) and the subsequent collapse of Lehman Brothers. His perspective is sought around the world on economic and financial policies.
Willem and I discuss his book, The Big Reset, and the role he expects China to play as the world’s financial system continues to shift in the coming years. You’ll get a brief history lesson about the IMF, an explanation of SDR (special drawing rights), which currencies make up the currency basket, and why the IMF is considering adding gold to the mix. You’ll also get Willem’s perspective on cryptocurrencies and his asset allocation strategy.
In today’s episode you’ll learn:
- Why Willem became known in Holland as “the guy who predicted the credit crisis”
- About the IMF’s SDR currency basket
- About Willem’s book, The Big Reset
- Willem’s thoughts on China’s growing economic and monetary influence
- Willem’s recommended asset allocation strategy
- About Willem’s view of cryptocurrencies
Listen to this episode on iTunes
What was your biggest insight from this week’s episode? Let Jay know in the comments or on Twitter: @jaykimmer.
LINKS FROM TODAY’S EPISODE
- Read the full transcript from Willem’s interview
- Find Willem on Twitter
- Commodity Discovery Fund
- The latest version of The Big Reset by Willem Middelkoop
- The Tesla Revolution by Willem Middelkoop
- Novo Resources
- Artemis Resources
DETAILED SHOW NOTES
- (1:26) Willem’s self-introduction
- (2:30) Willem explains the background behind his book The Big Reset
- (4:00) How Willem became known in Holland as “the guy who predicted the credit crisis”
- (5:22) The IMF’s potential Plan B to safeguard against a dollar crash
- (6:29) The thesis of The Big Reset
- (9:53) Willem’s perspective on the current state of China
- (14:14) Willem’s thoughts on gold potentially being added to the SDR basket
- (17:22) What to expect if the renminbi becomes fully convertible
- (20:51) Willem’s recommended asset allocation strategy for investors
- (24:38) Willem shares his views on cryptocurrencies
- (25:44) What excites Willem about China
- (29:00) Willem shares what he’s currently working on
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