How stable is our current system -- economically, geo-politically and socially?
The markets seem confident it's quite stable.
But you don't have to look that hard to find evidence of stress fractures: from recessionary leading indicators, to struggling consumer households, to the frozen real estate market, to the breakdown of trade through the Red Sea, to the loss of faith in once-premier establishment brands like Harvard, to the polarization and cynicism of this year's US presidential election.
What's more likely to happen from here: ascent or breakdown?
To discuss, we're fortunate to welcome monetary and macro analyst John Rubino, author and co-author of numerous books including The Money Bubble with James Turk.
Sign up for John's Substack at https://rubino.substack.com/
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#recession #bearmarket #layoffs