Jason Hartman is happy to welcome John Rubino to the show. He is a second time guest and editor at DollarCollapse.com. He's out with a new book titled Money Bubble: What to Do When It Pops and talks about the book on the show. Jason asks John about his thoughts on the Switzerland and China economy. John also talks about countries who are giving out negative interest rates and some of consequences that will happen when the money collapses.
Key Takeaways:
2:05 – In a growing sector of the world now, if you want to lend money to somebody, you have to pay them.
6:15 – You can lose money in a money market fund, but they don't want you to know that.
12:35 – We're taking on more debt and we're not fixing anything.
17:30 – It has nothing to do with the money, we're just making really bad policy mistakes.
22:00 – Eventually we'll borrow so much and create so much instability in the economy that people will not see US dollars as a safe heaven any more.
26:00 – John talks about Switzerland's economy.
32:15 – Since the 2008 crash, the world has taken on 57 trillions in new debt.
36:10 – Jason and John talk about the benefits of owning property.
Mentioned In This Episode:
I Like Local
Car2Go
http://www.businessinsider.com/housing-recovery-about-renters-2015-3
DollarCollapse.com
The Oil Card by Jim Norman
