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“Extreme” Times Right Now, Worse than 1970s, Dollar Collapse is Next
John Rubino, former Wall Street financial analyst, author, and founder of DollarCollapse.com, sounds a stark warning: 'People who are hurt by the inevitable results of this process are the ones who trust the government.' In his sobering analysis, he outlines a bleak future for the U.S. economy, where mounting debt and escalating interest costs cripple the government's ability to provide for its citizens. The repercussions? A widespread suffering for those dependent on government aid. Rubino points to Japan's struggle with a plummeting yen and soaring interest rates as a cautionary tale of the perils of unchecked debt. In the face of such financial uncertainty, he urges individuals to safeguard their assets by investing in gold and silver.
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📖 CHAPTERS:
00:00 Dollar collapse
4:00 U.S. dollar reserve currency
6:22 Economic repercussions
9:59 Gold reserves
13:54 China gold purchase
15:44 Japan’s trouble
18:04 Consequences of trusting the government
21:31 Gold
27:18 Housing purchasing
29:09 Concluding words
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Disclaimer: The views, opinions, and financial recommendations expressed in this video are solely those of the guest and do not necessarily reflect the views of ITM Trading. ITM Trading is not responsible for any financial decisions made based on the content provided in this video.
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#economy #gold #JohnRubino
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