Markets To Fall Into ‘Blind Panic’ As System Breaks & Money Fails In 2023? | John Rubino

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When at the start of a new year as we are now, it helps to take a fresh look at the macro situation — the key trends that will drive the economy & markets.

For example, the mountain of global debt continues to expand, but the cost of servicing it is suddenly skyrocketing due to higher interest rates.

Inflation, while starting to moderate, is still not anywhere under control.

US Money Supply is now shrinking for the 1st time in at a least 60 years.

And the rest of world is rushing to find ways to de-dollarize trade.

What impact

will these trends have for investors in 2023?

To discuss, we’re fortunate to be joined today by John Rubino, co-author of the book The Money Bubble along with James Turk.

Endgame For Fiat Currencies Nears As Debt & Inflation Become Unsustainable | John Rubino

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As governments increase their debt, servicing that debt becomes a bigger and bigger problem.

That’s especially true if the pile of debt is growing much faster than the underlying economy, which has been the case for decades.

This forces central banks to print more new currency in order to enable their governments to handle the debt service payments.

But once inflation starts becoming an intractable problem & interest rates can no longer be suppressed, the system breaks

. History is clear on this.

So, are we close to such a seminal breaking point?

Dangerously close, concludes monetary historian and macro analyst John Rubino, co-author of the book The Money Bubble along with James Turk. We’re going to dig into the reason why, as well as what steps regular investors can consider taking today before that breaking point is reached to protect their wealth.