Mo Gawdat – YouTube, Released on 9/29/24
In this episode, John Rubino and Mo explore the current financial landscape, from the widening wealth gap and housing market crisis to the looming dollar collapse and U.S. debt crisis, offering critical advice on how individuals can navigate these uncertain times.
00:00 Intro
3:30 What is Money?
14:40 Baby Boomers Have Screwed Over This Generation
21:40 The Game of Buying a House is Over
22:50 The Gap in Wealth
26:40 Why Does the U.S. Borrow So Much Money?
34:40 Why Banks Are Buying Gold
42:00 The Dollar Crisis
49:40 What Can the Average Person Do to Increase Wealth?
58:27 How Bad Is It Going To Get?
1:08:30 Will U.S. Living Standards Fall As the Rest of the World Increases?
1:11:30 Wars are a Business
1:12:20 But the U.S. Does Have Advantages
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.