Financial Survival Network, Released on 12/3/24
Kerry Lutz and John Rubino break down the implications of the recent election, reflecting on the peaceful aftermath and exploring the potential for transformative policies under Trump’s leadership. They delve into critical issues such as government inefficiency, corporate welfare reform, and the looming financial crisis fueled by unsustainable debt levels. Rubino emphasizes the importance of Trump’s approach to addressing these challenges, including the possibility of a currency reset or a return to the gold standard as solutions to stabilize the economy. The conversation also tackles the U.S. healthcare system, with Rubino critiquing the food and pharmaceutical industries for contributing to poor health outcomes and advocating for science-backed solutions to address rising health concerns. Both speakers underscore the importance of preventive healthcare and nutrition education to reduce costs and improve public health. Shifting to social media, they discuss Elon Musk’s influence on Twitter’s ideological balance and the emergence of Blue Sky amidst growing concerns about censorship. They explore how Trump’s political strategies might influence social media moderation and policy implementation, such as reviving the impoundment power to control federal spending selectively. The discussion concludes with an exploration of Trump’s monetary strategies, suggesting a shift to stabilize the dollar and reduce its weaponization. Lutz also announces his forthcoming book featuring Martin Armstrong’s economic insights and highlights their platform’s ambitious growth plans.
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.