"Excessive Debt Inevitably Leads To Gigantic Financial Crisis" | John Rubino
"Excessive Debt Inevitably Leads To Gigantic Financial Crisis" | John Rubino
Liberty and Finance: 9-28-2023
"The Noah's ark analogy is a good one," says John Rubino "There is a storm coming.
All this debt is going to lead to what excessive debt inevitably leads to which is a gigantic financial crisis."
We can't stop it, but there's a lot that we can do as individuals, families, and communities, he says, to come out of it in good shape.
INTERVIEW TIMELINE:
0:00 Intro
2:36 Today and the 70s
6:40 Oil spiking
10:30 Incompetence?
16:00 Where are we headed?
22:55 Preparedness
27:30 Aristocracy
36:11 Opting out