John Rubino: Countries Testing Limit Of Currency Debasement – END WILL BE AWFUL!

Wealth Research Group, Released on 10/11/20

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.

Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With Wealth Research Group, Lior allows readers access into the world of the few who beat the markets consistently for decades, thus leveling the playing field of the investment industry. With immense passion and full-force devotion to the readers, Lior’s purpose is to publish content that will have life-long value and allow readers to approach investing with methodic precision and a well-thought-out game plan.

Subscribe
Notify of
guest

2 Comments
Oldest
Newest
Inline Feedbacks
View all comments
Farmer Paul

Lior and John,
Thanks for your insight.

I just spent a half hour looking at the new case numbers for Covid-19. Trump is about to lose this election mostly because people think he’s failed miserably when it comes to Covid. Never mind that Biden called him xenophobic for shutting down travel from China and that it took over two months for Biden to see the wisdom in Trumps China Lockdown.

The fake news has done a wonderful job of smearing Trump. Trump has missed a good opportunity to paint a prettier picture of himself for these covid blaming voters and fake news outlets.

Simple math can make Trump look a whole lot better. If you take these 6 countries and divide each countries population into that of the U.S. population to see how many times bigger the United States is, you’ll be presented with the number you need to multiply times the average 45,000 new cases a day in the U.S. to determine how bad it could be in the U.S if we matched the new case rates in these countries. The fact is that Belgium, Netherlands, Argentina, France, Spain and the UK all have much higher new cases per capita than the United States. Argentina, France, Spain, and the UK average about 6 times the number of new cases per day than the United States (based on per capita).. Belgium and the Netherlands are much worse.

Either Trump is doing good or the virus has mutated in other places, making it much more contagious. Both those that think this is a nothing burger and those that are deathly afraid of covid should consider these facts.

Farmer Paul

One more point …on October 12, 2020, the combined populations of Spain, France, UK, Argentina, Belgium and the Netherlands had 7 times more deaths than the U.S on the same day. Population of the U.S. about 50 million more people too. Trump needs to tell this story. He could be doing a whole lot worse.