Financial Survival Network, Released on 4/12/21
The new time dated Digital Yuan, the war on cash enters a new phase. Cash will now expire on a specific date or will start to lose value over time. It’s going to completely replace the paper Yuan. In this way demand gets stimulated. Saving is bad because it empowers individuals. How are you going to stash digital currency into a digital mattress.
Las Vegas Musk’s Boring Tunnel System. The beginning of a major transition. Humans are going underground. The world becomes a national park.
Minneapolis Chauvin trial surprises. Who’s side of the trial is the prosecution on?
Real estate prices picking up in NYC and New York’s Self-Immolation.
They’re assuming that the Federal government will raise the SALT cap, which doesn’t look too likely. Perhaps the minimum income tax proposed by Yellen is really intended for the states. A way to hit Florida and Texas and other states with no income tax. Uniformity of economic and tax policy across the country is becoming a possibility.
March deficit blow out. Expenditures are 3.5 times tax receipts, sounds like a real sustainable trend, doesn’t it? EV’s are taking off. Another sign we’re in a bubble.
Sub-prime auto loans are crashing while auto sales are spiking. Doesn’t sound like they should be happening at the same time.
Reddit traders thing of the past? A real lottery ticket for long suffering shareholders. What’s the crappiest stock you can buy that the Redditor’s.
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.