With decades of experience in financial warfare and intelligence, Rickards highlights April 11, 2025, as a critical date when the “AI Doom Loop” could spark a historic market collapse. This crisis, he argues, will be unlike anything the world has seen before.

Spy Chat The Central Intelligence Agency (CIA) has been stepping up its efforts to keep up with advances in AI — and has developed a particularly spy-tastic way of using chatbots. As the New York Times reports,

John Ratcliffe, Trump’s pick to lead the CIA, has worked for AI companies and defense contractors since his time in government

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Over the past two years, the Central Intelligence Agency has developed a tool that allows analysts to talk to virtual versions of foreign presidents and prime ministers, who answer back.

Over the past two years, the CIA developed an AI chatbot to help analysts create detailed profiles of foreign leaders, enhancing the agency's tech capabilities. Under Director William Burns, technology-focused initiatives were prioritized,

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He said that the CIA would be apolitical and would take a focus ... which claims that it uses AI for a very futuristic purpose. “We interpret brain signals to seamlessly translate thoughts ...

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The U.S. Senate moved forward with the nomination of John Ratcliffe for CIA director, clearing the procedural hurdle with a 72-26 vote. This sets the stage for Ratcliffe's confirmation vote later. Ratcliffe previously served as Director of National Intelligence under President Donald Trump.

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While the United States tries to spy on one of the hardest targets, Burns has also tried to reopen a dialogue with Beijing, including via his counterpart, Chen Yixin, the security minister. (The head of the China Mission Center, a career CIA officer fluent in Mandarin, accompanied Burns on one of his trips to Beijing.)