Liberty and Finance, Released on 1/17/25

John Rubino highlights the growing risks within the homeowners insurance sector, suggesting it could trigger a broader financial collapse. Insurance companies are struggling to stay profitable as natural disasters become more frequent and costly, while civil unrest adds further strain on property coverage. Rubino warns that the economy is fragile, over-leveraged, and could face a more severe recession than the last one. He argues that inflation is a significant policy error and the reverse wealth effect could slow economic growth. Insurance, he concludes, is crucial for a stable economy, but current trends are jeopardizing its viability.

0:00 Intro
01:55 The Role of Homeowners Insurance
05:10 Insurance Companies and Natural Disasters
09:54 Economic Implications of Insurance Risks
13:43 Civil Unrest and Its Impact on Insurance
20:11 The Growing Cost of Natural Disasters
25:17 The Fragility of the Financial System
29:16 John’s substack

John’s article: https://rubino.substack.com/p/is-the-catalyst-for-the-next-financial

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.

  economy, financial crisis