Geopolitics & Empire

John Rubino: The Bursting Financial Bubble, Civil Unrest & Monetary Reset

Jul 14, 2020
Guest
John Rubino
John Rubino, author, discusses the bursting of the financial bubble by the pandemic and the coming monetary reset. Topics explored include how governments and central banks can extend the economy with bailouts, deficits, money printing, and negative interest rates. They also talk about the potential consequences of the bubble bursting, civil unrest, protecting wealth, and John Rubino's website and book.
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INSIGHT

Pandemic's Impact on Financial Bubble

  • A pandemic triggered the bursting of a financial bubble inflated since World War II.
  • Governments are bailing out entities, accelerating debt accumulation and bringing the explosion closer.
INSIGHT

Uncertainty in Timing and Central Bank Intervention

  • Predicting the exact timing of the economic collapse is difficult, making investment strategies tricky.
  • Central banks might prolong the bubble by buying equities, creating a new type of "dumb money."
INSIGHT

COVID-19 Exacerbates Existing Economic Issues

  • Government responses to COVID-19, like lockdowns, worsened the economic downturn.
  • The global economy, overleveraged and unhealthy, is vulnerable like a person with underlying conditions catching COVID-19.
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