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John Rubino

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John is author or co-author of five books, including of The Money Bubble, The Collapse of the Dollar and How to Profit From It, Clean Money: Picking Winners in the Green-Tech Boom and How to Profit from the Coming Real Estate Bust. A former Wall Street analyst and featured columnist with TheStreet.com, he currently writes for CFA Magazine.

Dollar Collapse.com - Excerpt from Lawrence Lepard’s Equity Management Associates Q1 Report:  We believe we are in the early to middle stages of a worldwide sovereign debt bubble collapse. The “bubble” which exists today is in debt and the currencies which are backed and supported by this debt. This is a very big deal and does not happen […]

Dollar Collapse.com - If you think New York Times, Fox, and MSNBC reporters are pursuing “journalism” when they repeat CIA talking points or haunt online forums hoping to catch people using problematic words (and then whine when they’re criticized for being deep state mouthpieces or woke bullies), check out this video of Glenn Greenwald explaining how real reporters […]

Dollar Collapse.com - Before the pandemic, auto sales were booming, mostly because car loans were available to pretty much anyone with a driver’s license and a heartbeat. “Subprime” auto loans – which charge high interest rates and run for up to eight years (hence the nickname “car mortgage”) — accounted for about 20% of a $1 trillion+ market. […]

April 5th, 2021 | Paradise Lost

Dollar Collapse.com - So a single political party gains control of a lockdown-battered country desperate for any and all forms of government spending. Direct payments, loan forgiveness, infrastructure, all of these and more are not just possible, but popular. The president and his Congressional allies simply write the bills, pass them, and bask in the near-universal admiration of […]

Dollar Collapse.com - The mainstream press is comfortable with moderate inflation because it raises financial asset prices and allows the government to spend more money. But when inflation hits a rate that threatens the stock market, even the Wall Street Journal starts to fret: A Fed With No Fear of Inflation Should Scare Investors It has taken four […]

Dollar Collapse.com - One of the flaws in the revolutionary mindset is a tendency towards overconfidence. Combine absolute belief in a new idea with a couple of early wins and you get an absurd level of cockiness. This leads the would-be revolutionary to underestimate the challenges involved in getting from there to ultimate victory. Why? Because those early […]

Dollar Collapse.com - Once upon a time, if you wanted to be a journalist there were just a couple ways to go. You could start at a small-town paper as a glorified intern and learn the craft by covering local weddings and town council meetings, then move to a slightly bigger paper, and so on up the food […]

Dollar Collapse.com - So bonds are obviously a bubble. And stocks have never been this overvalued. US houses have never been this expensive. Cryptos have had the greatest run in financial history. And the global money supply is soaring while most fiat currencies more-or-less hold their official value, which is another way of defining a bubble. Guess that’s […]

Dollar Collapse.com - Fed Chair Jerome Powell just spooked the markets by predicting nt: Fed’s Powell says reopening could cause inflation to pick up temporarily Federal Reserve Chairman Jerome Powell said Thursday that he expects some inflationary pressures in the time ahead but they likely won’t be enough to spur the central bank to hike interest rates. “We […]

Dollar Collapse.com - Doug Noland is out with his latest Credit Bubble Bulletin, following a week in which some of the things he’s been warning about began to happen. Definitely read the whole thing (especially the exchange between Representative Warren Davidson and Fed Chair Jerome Powell). But in the meantime here’s a brief excerpt: Global bond markets have […]

Dollar Collapse.com - Last March, the financial markets were rocked by a disease that public health officials defined as a pandemic. Stocks and gold both tanked, and the locked-down economy went into free-fall. Here’s the Nasdaq … … and gold: This flash-crash was brutal but ultimately short-lived, as the world’s governments immediately stepped in with tens of trillions […]

Dollar Collapse.com - California and Texas were, until very recently, the two best US states. The former is the richest and highest-profile, and home to Silicon Valley and Hollywood, while the latter is both huge and the place to which millions of Californians want to move. It’s not an exaggeration to say that as these two go, so […]

Dollar Collapse.com - Financial history includes plenty of extreme years. That’s not surprising, since we’re emotional beings with short memories. Combine those two traits and you get cycles, many of which end with a bang. Even so, this one stands out. A full accounting of the ways in which today’s financial markets have exceeded previous bounds of rationality […]

Dollar Collapse.com - We’re deluged with numbers these days, many of them huge, ominous departures from historical norms. But one matters more than the others. To understand why, let’s start with some history. In the 1970s the US decided to enter the expensive and divisive Vietnam War, while simultaneously creating major entitlement programs including the also very expensive […]

Dollar Collapse.com - If you’re over 40 you’ve lived through at least three epic financial bubbles: junk bonds in the 1980s, tech stocks in the 1990s, and housing in the 2000s. Each was spectacular in its own way, and each threatened to take down the whole financial system when it burst. But they pale next to what’s happening […]

Dollar Collapse.com - For just a little while – literally a couple of days – silver stackers saw the light of sudden riches at the end of the tunnel. The Reddit/Robinhood hoards had noticed that the metal was cheap and blatantly manipulated, and therefore ripe for an epic short squeeze. They were piling into SLV and PSLV, forcing […]

January 28th, 2021 | When Predator Becomes Prey

Dollar Collapse.com - Wall Street traders have traditionally played hardball with each other. They’ll take a position and then “talk their book” on CNBC, or short a competitor’s favorite stock while spreading negative rumors about it, or do any number of other ethically-dubious things to profit at the expense of their peers. When they end up on the […]

Dollar Collapse.com - The idea that “bitcoin is its own asset class” and should therefore be judged based on its own highly-constrained supply rests on the assumption that the rest of cryptospace consists of “shitcoins” that will evaporate as bitcoin, with its first-mover advantage, network effects, etc., eats the rest of the currency world and becomes the one […]

Dollar Collapse.com - Early in the pandemic, “trust the science!” could actually be used in a debate without attracting derisive laughter. But as the flip-flops, mistakes and, yes, lies have accumulated, a consensus seems to be forming that the health care authorities are no more trustworthy than the people running Congress or the Fed. For proof, let’s start […]

Dollar Collapse.com - As corporate social media platforms try to sterilize the global conversation, some funny-if-they-weren’t-so-scary statistics are emerging. Here, for instance, is a recent screenshot of conservative pundit Ann Coulter’s Twitter account. Note that her activity and notoriety are soaring (which you’d expect during a presidential election), while her followers diminish by 81,000. Does this make sense? […]

January 9th, 2021 | The Bailout Binge Begins

Dollar Collapse.com - Incoming president Joe Biden just proposed that $10,000 of student debt be forgiven for each borrower. This sounds generous but is actually just the opening bid in a negotiation that will end in a very different, much more expensive place – and that will be repeated for many, many other groups of borrowers. Here’s how […]

January 8th, 2021 | Extreme Charts – January 8

Dollar Collapse.com - This week’s theme is “spikes and crashes,” and why they’re great for gold and silver. Let’s begin with inflation, which is suddenly spiking after decades of illusory quiescence. What actually happened was that there was raging inflation, but only in “good” sectors like stocks, bonds, and real estate. Now price increases are migrating to the […]

Dollar Collapse.com - The riots, political turmoil, and other banana republic embarrassments seem to be ending – for now. So let’s get back to examining the real problems of this hyper-leveraged, dangerously-complex world. Like how big cities might soon be obsolete: Pretend it’s 2019 and you’re living in a major US city. You, your spouse and two kids […]

Dollar Collapse.com - Commentary on America’s overvalued stock market can be found pretty much everywhere these days. These arguments are compelling, and are becoming more so as stocks keep rising. The latest clue that we’re in yet another bubble is margin debt, which is money that investors borrow against their existing stocks to buy even more. A spike […]

December 22nd, 2020 | Extreme Charts – December 22

Dollar Collapse.com - It’s official: This has been the weirdest year in US economic history. Starting with the shape of the recent recession, even 2007 — an odd one in its own right — looks almost normal when compared with 2020, Labor force participation and the Federal Reserve’s balance sheet have veered in opposite directions. The government is […]
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