The Harsh Truth About Our Economic Future | John Rubino on the Dollar Crisis, Wealth Gap & More
1Description
In the third episode of our miniseries 'It's Not What They Told You', Mo Gawdat speaks toJohn Rubino (https://rubino.substack.com), a former Wall Street financial analyst and author or co-author of five books, including The Money Bubble: What to Do Before It Pops and The Collapse of the Dollar and How to Profit From It.
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
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