In this discussion, John Rubino, a former Wall Street analyst and author of several finance books, delves into the precarious state of the economy. He examines the widening wealth gap and its implications for younger generations. Rubino unpacks the challenges of the housing market and the looming dollar collapse. He shares insights on government debt and the cyclical nature of real estate, while offering practical advice on how individuals can adapt and thrive amidst economic uncertainty. It’s a candid conversation about our financial future.

Guest John Rubino discusses the dangers of mounting debt in the US and other G7 nations, questioning the potential catastrophic consequences. Topics include the risks of a global economic experiment, shorting stocks, commodity investments, investment strategies in the mining industry, and the importance of seeking financial advice and avoiding overconfidence.

Macro and monetary analyst John Rubino discusses countercurrents in the economy, impact of pandemic on savings, potential triggers like the banking sector and pension funds, generational wealth transfer, concept of 'money heaven', rise of populist politics, importance of money in politics, and upcoming Wealthion Fall Online Conference.

John Rubino, founder of dollarcollapse.com and seasoned financial analyst, discusses the precarious state of our economy. He warns about excessive bad debt threatening governments and consumers alike. Interest rate cuts may not alleviate overleveraged situations, echoing concerns reminiscent of the 2008 crisis. The conversation shifts to the milkshake theory, exploring how the dollar behaves in crises. John also highlights a growing preference for gold and cryptocurrencies as alternative reserves, signaling a transformational shift in global finance.

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/ SUBSCRIBE to Adam's new Substack at https://adamtaggart.substack.com/ to get Adam's Notes for all the recent experts who have appeared on this channel #recession #bearmarket #layoffs