14 min listen
Dumping Dollars: This is Just the Beginning - John Rubino #5662
Dumping Dollars: This is Just the Beginning - John Rubino #5662
ratings:
Length:
32 minutes
Released:
Nov 22, 2022
Format:
Podcast episode
Description
Summary: China and Japan are dumping dollars, and many countries that borrowed in dollars have had their expectations of US currency being cheaper turned upside down. I sit down and chat with John Rubino to discuss this phenomenon, and he contends that extreme volatility is going to make its way from the financial markets to the currency markets. Furthermore, the prospect of a technological totalitarian state is no longer a distant theory, and direct actions are being taken to get us there. Tune in for more valuable insight. Highlights: -China and Japan are dumping dollars. Their currencies are tanking due to massive inflation, and they’re running through foreign exchange reserves to prop their currency up -They’re selling US treasury paper -How long will this last? You eventually run out of dollars -The problem is that many countries borrowed in dollars because they expected for it to be cheaper and for the dollar to go down -We can expect extreme volatility making its way from the financial markets to the currency markets -We’re still in the early innings -The US is giving billions of dollars to Ukraine, and they invested this money in a big crypto exchange The people running this crypto exchange were donating a lot of it to democrat politicians -The prospect of vaccine passports is more likely, building a technological totalitarian state in front of our eyes -The housing bubble has burst -With today’s mortgage rates/prices, you need to make $120k annually to afford a median priced home -Sales are crashing and home inventory is spiking; a recession looks unavoidable Useful Links: Financial Survival Network Dollar Collapse
Released:
Nov 22, 2022
Format:
Podcast episode
Titles in the series (100)
Dore Copper Finds Even More High Grade Copper: One of our favorite things is brining you good news from a sponsor. And lately Doré Copper has had a lot of really good news. What you’re about to hear is hot off the press. Doré’s 2020 and recent 2021 drill programs have hit the mark. The plan was... by Financial Survival Network