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John Rubina is a second time guest and sits down with Jason to talk about the economy and the huge money bubble that's happening right now. John is the author of Money Bubble: What to Do When It Pops and he talks a little bit about his book on the show. John and Jason sit down to talk about Switzerland's economy, what's happening with China, and much more on today's AMA show.\\xa0

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Key Takeaways:

2:00 \\u2013 Germany is currently paying negative interest rates on bonds. How is that possible?\\xa0

5:15 \\u2013 So many people want to open banks in Switzerland that the Swiss are telling customers that they have to pay them instead of vice verse.\\xa0

10:05 \\u2013 Governments are keeping negative interest rates in order to stop a financial collapse.\\xa0

19:30 \\u2013 If you add up all the debt in the US right now, it comes out to about $2 million per family.\\xa0

25:45 \\u2013 The US can use their military power to get what they want, but at the end of the day there's no reason why China and India need US dollars to trade.\\xa0

32:15 \\u2013 Since the 2008 crash, the world has taken on 57 trillions in new debt.

36:10 \\u2013 Jason and John talk about the benefits of owning property.\\xa0

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Mentioned In This Episode:

I Like Local

Car2Go

http://www.businessinsider.com/housing-recovery-about-renters-2015-3

DollarCollapse.com\\xa0

The Oil Card by Jim Norman