On The Verge Of Collapse; This Was 100% Predictable | John Rubino

Precious metals have increased substantially this year and are signaling that the public is losing confidence in the financial system. John Rubino (https://rubino.substack.com) says, "This was predictable from day-1 back in 1971 when we got rid of the last vestiges of the gold-standard." Governments, institutions, and individuals are drowning in debt. This debt-based system is destroying the financial system and even the moral fabric of society as bankruptcy and debt cancellation become the only options. "I don't have the slightest idea how this plays out exactly." However, he notes there are actionable steps people can take today to be more prepared for crisis.Show more

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INTERVIEW TIMELINE:
0:00 Intro
1:31 Job's numbers
4:00 Stock bear market
6:55 Fed policy during downturn
8:58 Debt situation
16:57 Japan's debt bubble
21:19 Fear trade in gold
28:37 Fighting against authoritarianism
32:42 Rubino's substack
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