John Rubino: Phony Job Reports, George Floyd Protests And Why The Euro is the Bernie Sanders of Currencies

Well at least the riots are over, for now. Defund the police seems like a truly insane idea, unless you're a progressive, then it makes total sense. Even if someone wanted to solve the underlying economic problems, it can't be done, we're too far gone. But at least we can wear our masks and avoid the Coronavirus. Oh wait, that's over too, if it's safe enough to publicly protest and riot then surely it's okay to open one's business back up and get this economy started again. That's already happening based upon the magnificent job numbers. Nothing to see here folks.

John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He currently writes for CFA Magazine.