Global Turmoil Deepens - John Rubino #5626

Summary: Global turmoil is deepening, and the Russia/Ukraine war is escalating. How are these problems going to affect commodities/markets? John Rubino comes on the show to unpack this. Energy and food are going up while housing and used cars continue to go down. Additionally, we have a crucial election coming up that could yield a very divided government. There is a lot to discuss, so be sure to tune in to this episode! Highlights: -Global turmoil is deepening; the Russia/Ukraine war is escalating -The best time to be a defense contractor is during war -PayPal is penalizing subscribers $2500 if they say something that contradicts the official line of the government -We are seeing energy and food going up, while housing and used cars go down -In the short run, food and energy will give us inflation above the 2% target -Midterm elections are going to possibly be very serious—especially in consideration of crime and inflation -We will potentially have a divided government for the next couple years; both sides will have different opinions about how to fix things -Keynesianism doesn’t recognize debt as part of its model, which has implications for government thinking -Gold and silver protect you in the long run with a crazy world Useful Links: Financial Survival Network Dollar Collapse