Liberty and Finance, Released on 7/3/22
According to Atlanta Fed's GDP data, a recession has likely started. The stock market has had the worst first half of the year in half a century. "You want to prepare for the world becoming more and more unpredictable," says John Rubino, founder of DollarCollapse.com. He expects inflation to change to deflationary pressures in many sectors. "Resilience and self-sufficiency are the terms you want to take with you from this."
0:00 Intro1:21 Stock market5:29 Deflation8:50 Food & energy inflation11:41 BRICS reserve currency16:05 Hyperinflation18:44 Defensive strategy22:33 Preparedness25:00 DollarCollapse.com26:00 Miles Franklin
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.
John Rubino: From Inflation Fears To Deflationary Terror: Don't Panic, Be Resilient added by Herman James on 07/01/2022View all posts by Herman James ?+'