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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 - Lacking monetary printing presses, US cities and states tend to behave more like normal economic entities than do most nations. That is, they’re always balanced on the knife-edge of insolvency as taxes fail to cover the promises, legitimate and otherwise, that mayors and governors have made to voters. Toss in the covid-19 lockdowns and – […]

Dollar Collapse.com - Sympathy for America’s big-city mayors and their allies is evaporating – generally for good reason. Portland and Seattle, for instance, seemed willing to give rioters a free hand before halfheartedly stepping in. And of course there’s the amazing quote from Chris Cuomo, the brother of New York’s Governor : “Please, show me where it says […]

Dollar Collapse.com - Problems often come in bunches. And each new one adds — sometimes exponentially — to the complexity of a given situation. See One Problem Is Manageable. Five Might Not Be. The latest example of this unfortunate principle in action is the mess Florida might face in a few days. The state is already battling a […]

Dollar Collapse.com - There’s a stage in precious metals bull markets where even the least-interested mainstream media outlets feel compelled to acknowledge that something big is happening. This helps prolong the uptrend by bringing gold and silver to the attention of people who are either unaware of the metals as investments or aware but in need of convincing. […]

Dollar Collapse.com - The “European Project” was designed with something like the current crisis in mind. The adoption of a common currency was just the first, politically easiest, step in a process that would eventually – its architects hoped – culminate in something like the United States, where a bunch of different geographic and cultural entities are subordinate […]

Dollar Collapse.com - Lawrence Lepard, Managing Partner with Equity Management Associates, just released a report that lays out the coming debt crisis in all its apocalyptic glory. The excerpt below is just a tiny fraction of the whole report, which should be read in its entirety by anyone who wonders about the fate of todays financial system. SAVED […]

Dollar Collapse.com - The US has its share of problems right now (see One Crisis Is Manageable. Five Might Not Be). But China is right up there in the “when it rains it pours” sweepstakes. As the apparent source of the covid-19 pandemic, it’s still battling new cases and may yet be blamed for not just spawning the […]

Dollar Collapse.com - What are the odds of gold trading at 1776 on Independence Day weekend? Seems like a good omen … I’ll go out on a limb and predict that this is the last July 4th weekend where gold trades at or below this price.

Dollar Collapse.com - For the bond markets, covid-19 is apparently a great equalizer. Before the pandemic, Japan’s long-term interest rates were much lower than those of most other countries’, in part because Japan has been deeply in debt – and therefore under pressure to finance that debt with low interest rates – longer than the US and Europe. […]

Dollar Collapse.com - Take a world that’s spinning out of control with debt, money creation and pretty much every other measure of financial danger flashing red. Add the inevitable (given the above) precious metals bull market, with rising gold and silver taking the precious metals mining stocks – especially the little speculative ones – along for the ride. […]

Dollar Collapse.com - The creators of Medicare, Social Security, and other long-term spending programs had a handle on demographics – or at least on the political realities of the time – so they structured those programs to initially take in more money than they needed in order to build up “trust funds” to cover the eventual retirement of […]

Dollar Collapse.com - Wolf Richter just published some charts that, for anyone with a sense of stock market history, are pretty ominous. It seems that the major market indexes that recently soared back to record highs are being elevated by an amazingly small number of stocks – Apple, Microsoft, Amazon, Google and Facebook to be specific — which […]

Dollar Collapse.com - Say you’re running a big pension fund that – according to the politicians who are handing out ultra-generous benefits to public sector employee voters – has to generate 7% annual returns in order to meet the resulting obligations. But the bonds you used to rely on now yield between 0% and 2%, depending on how […]

Dollar Collapse.com - World War One was the most destructive conflict in human history. But before it ended, the Spanish flu came along and claimed an even greater number of victims. A decade later the Great Depression bankrupted millions. But before our grandparents could dig their way out, World War II dragged them into something even worse. Why […]

Dollar Collapse.com - A friend just sent the following video, from someone named Spiro Skouras about something called the “Great Reset,” which the World Economic Forum (i.e., Davos) has just decided to impose on the rest of the global economy, using the “plandemic” as cover. The video’s title is The Great Reset Plan Revealed: How COVID Ushers In […]

Dollar Collapse.com - Credit Bubble Bulletin’s Doug Noland saves the rest of us a lot of time by digging through the Fed’s quarterly financial reports and presenting the results in an understandable form. These reports are always terrifying, but Q1 2020 is in a class of its own. Here, mostly in Noland’s words, are some of the highlights […]

Dollar Collapse.com - Just a few months ago, California was running surpluses and spreading the wealth around — at least to its affluent voters and public sector employees — as if the good times were here to stay. Fast forward to the present and it’s all over. Tech stock IPOs – a huge source of capital gains tax […]

Dollar Collapse.com - With the exception of Amazon and Netflix, pretty much every big financial entity out there is lining up for a bailout. And governments everywhere are obliging. The European Union’s latest “relief” package totals nearly $1 trillion. Japan’s is even bigger, at $1.1 trillion. Even the Swiss National Bank is adding to its tech stock portfolio […]

Dollar Collapse.com - There’s a debate in gold bug circles over whether the price difference between gold and silver – the gold/silver ratio – tells us anything useful. Some skeptics, for instance, view the original gold/silver ratio of 15 — from America’s 18th century bi-metallic system – as just a political number pulled more-or-less out of thin air by […]

Dollar Collapse.com - Forget about Fox News and MSNBC. The really interesting stuff is happening outside the echo chambers, as progressive journalists declare war on the corporatist wing of the Democrat party. Among their beefs: The obsessive focus of the past three years on Russiagate and then Ukrainegate drained all the progressive energy that would otherwise have gone […]

Dollar Collapse.com - Real estate investor Marcel Arsenault has racked up Warren Buffett-scale profits over the past few credit cycles by loading up on “empty buildings” at the bottom, filling them with paying tenants, and then selling at the top. In a recent message to investors, he warns that the current market is especially tricky. Here’s an excerpt: […]

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Dollar Collapse.com - The people running states like New Jersey and cities like Chicago know they’re broke. Ridiculously generous public employee pensions – concocted by elected officials and union leaders who had to have understood that they were writing checks their taxpayers couldn’t cover – are bleeding them dry, with no political solution in sight. They also know […]

Dollar Collapse.com - So it’s early 2021 and we’ve bought back most of the extant Treasuries, a big chunk of investment-grade corporates and agency bonds, even a significant part of the junk market. And the damn economy is still flat on its back. Guess ten trillion dollars isn’t what it used to be! But giving up isn’t an […]

Dollar Collapse.com - It seemed like such a good idea at the time. Airbnbs were the next wave in hospitality, taking market share from hotels and motels and backed by a tech network that made running a virtual bed and breakfast fun and easy. So you borrow a bunch of money, buy a couple of houses, and put […]
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