Liberty and Finance, Released on 8/5/24

The S&P 500 has declined by nearly 10% from its peak. John Rubino (https://rubino.substack.com) highlights the vulnerability of the stock and real estate markets. He notes that almost all asset classes are experiencing bubble-like conditions. Recent market movements and financial crisis in Japan could signal the onset of a widespread downturn. We may be witnessing the “everything bust” of the “everything bubble.” This situation suggests significant challenges ahead for investors.

0:00 Intro
1:55 Real estate
13:15 “Emergency” rate cuts
15:50 Fiat collapse
20:20 The “everything bust”
22:25 Preparedness
27:10 Rubino’s substack
29:20 Weekly specials

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.

  real estate, stock crash, stock market