John Rubino–Have We Reached The Minsky Moment?

Kerry Lutz, Financial Survival Network, Released on 3/21/16

Over the past few weeks the BOJ and ECB both eased. They were hoping for economic jolt caused by their currencies declining. But the opposite occurred. Their currencies went up and the Japanese yield curve inverted. The indicators are all pointing towards recession. Their over indebtedness makes handling a recession a possible near-death scenario. Has monetary stimulus run its course? Perhaps, as now we’re hearing the clarion call for universal fiscal stimulus.

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.

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