John Rubino- Past Point of No Return; World Governments have Given Up on Fixing Financial System

"If you think you are beyond the point of no return financially as an individual, you borrow as much money as you can, and then go bankrupt...Governments in the world are starting to do that now or behaving that way...There is nothing they can do to fix the system."

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.