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Kerry Lutz's--Financial Survival Network

Oct 5, 2021

As our economy drifts into bankruptcy and financial crisis, we are experiencing a widespread loss of trust. I sit down and chat with John Rubino to dissect this, and it seems that we are within a system and cycle that isn’t working so well anymore. We discuss tax changes, healthcare issues, debt, and some of the factors that are ultimately creating a larger controversy.

-There has been a major loss of trust—people are perceiving things as either dishonesty or incompetence as we drift into bankruptcy and financial crisis
-Don’t try to change the system; leave it
-The US and Europe are tax havens in some areas
-New York is letting go 70,000 unvaccinated healthcare workers, which is going to create a massive shortage in healthcare workers
-When interest rates goes up, that means that market participants demand them to go up before lending money to anyone
-The yields on US government debts are starting to rise in response to inflation
-Other countries have to pay more to borrow—dollar denominated debt
-Many small problems will eventually create a larger energy crisis
-Energy and food are quite closely related
-Water is also skyrocketing in price—requires energy to get delivered to your home

Useful Links:
Financial Survival Network
Dollar Collapse

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If we have time ...
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India’s gold imports surge as prices correct ahead of festivals <>