John Rubino: Is the Banking Crisis Over Yet?

Financial Survival Network, Released on 3/29/23

They got a bank to "buy" Silicon Valley BankDeutsche Bank's stock rose in European tradingDe-dollarization is now a real thing.Argentina, Indonesia, Saudi Arabia, Iran, Mexico, Turkey, the United Arab Emirates (UAE), and Egypt have all expressed an interest in joining the BRICS alliance.African countries seem a lot more interested in China and Russia than the US.China, India and Russia are cutting trade deals in their own currencies, including for oil.Saudi Arabia is now willing to take other currencies in return for oil, which ends the petrodollar.Is commercial real estate the next crisis?Is France's retirement age crisis an example of why all major countries are going broke?Are these new AIs the real thing? They seem to have passed the Turing test.

John Rubino is the founder of the popular financial website DollarCollapse.com which he sold in 2022. 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. His latest work can be found at https://rubino.substack.com.

banking crisis

John Rubino: Is the Banking Crisis Over Yet? added by Herman James on 03/29/2023View all posts by Herman James ?+'

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