Apr 20, 2022
Summary:
I have John Rubino on the show to give us the latest information on
exactly what we have been fearing with the rise of inflation:
stagflation. Mortgage and interest rates are above 5%, and this
economic environment is the worst to be in—negatively impacting
everyone in some way. On top of that, we’re simultaneously seeing
political turmoil, and it looks as if we’re in for some tough
times. Tune in for more insight.
Highlights:
-Stagflation is officially here; mortgage and interest rates are
above 5%. How will this impact the US/global economy and various
industries?
-Stagflation is one of the worst environments for an economy to be
in because it negatively affects everyone
-It generates political turmoil on top of financial turmoil
-Inflation is going up and growth expectations are falling, which
is a visual depiction of stagflation
-The Ukraine war is looking like a quagmire
Useful Links:
Financial Survival Network
Dollar Collapse