Financial Survival Network, Released on 3/25/24
Kerry Lutz and John Rubino offer their unique perspectives and engage in a comprehensive analysis of recent events surrounding former President Trump. They dissect a New York appeals court’s decision allowing Trump to post just $175 million to delay a staggering $464 million fraud judgment, offering insights into its implications on Trump’s financial and political landscape. This ruling marks a significant reprieve for Trump, amidst mounting legal challenges and his potential bid for the 2024 presidency. Lutz and Rubino delve into the complexities of Trump’s legal battles, highlighting the challenges he faces in securing bonds and the broader implications on his financial stability. They scrutinize the intersection of law and politics, emphasizing the potential impact on public perception as Trump navigates his legal entanglements. Moreover, they explore Trump’s response to the ruling, including his social media company’s imminent Nasdaq debut and his remarks critiquing President Biden and the New York attorney-general. Throughout the discussion, Lutz and Rubino provide nuanced insights into the multifaceted nature of Trump’s legal saga, emphasizing its implications on his future endeavors and the broader political landscape.
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.