Are You Ready for the Big Economic Roll-Over with John Rubino #5577
Summary: We\u2019re seeing huge signs that the economy is about to roll over\u2014especially with the current commodity prices. John Rubino comes on the show to talk about this, and explains some of the trends that allude to the forthcoming recession. If oil and housing move in a particular direction, then the rest of the economy has to go in this direction as well. People are changing the way that they interact with the market, staying on the cautious side and feeling more inclined to sell. To hear more on what\u2019s to come, be sure to tune in to this episode. Highlights: -There is a decent chance that the current quarter is negative, and this will carry us through to the election -People are starting to save less money with alternative energy (i.e. electric cars) -We\u2019re in a transition that needs to be managed -We\u2019re headed into a time of very slow growth, which leads to people being nervous in the market. We could see a lot of big cap being sold, bringing it back down to fair valuation -Some people would like to see the country divided\u2014people are moving to other states because of their beliefs -There\u2019s lots of civil unrest in multiple European countries because of farmers being targeted. -Things are too crazy right now for rational participation Useful Links: Financial Survival Network Dollar Collapse