WTFinance, Released on 9/4/24 (Recorded on 9/2/24)
On this episode of the WTFinance podcast I had the pleasure of welcoming back John Rubino. John was the Founder of dollarcollapse.com, author/co-author of 5 books and has a great Substack. During our conversation we spoke about John’s thoughts about the economy, interest rate cutting, another real estate credit event, similar to the 90’s, milkshake theory, new standard currency, gold miners and more!
0:00 – Introduction
0:57 – What is John seeing in the economy?
2:46 – Interest rate cut to help?
5:15 – Another real estate credit event?
6:40 – Banks to benefit from interest rate cuts?
9:29 – Similar to the 90’s?
12:33 – Drawn out recession or flash crash?
17:48 – Thank you!
19:08 – Milkshake theory and the dollar?
21:57 – New standard currency?
25:14 – BRICS buying gold while West sells
30:36 – Gold miners?
33:13 – One message to takeaway from our conversation?
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.