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dollar's flow in black holeWith a derivative book bigger than the entire European economy, if Deutsche bank goes, it takes Europe down with it, Says Dollar Collapse’s John Rubino.
But could Deutsche bank be a distraction from an EVEN BIGGER threat?
Find out in this interview…

 

John Rubino from DollarCollapse.com joins Silver Doctors to expose the fact that deficit spending recently sped up. The US rate of debt accumulation is back over one trillion dollars per year.

China and other countries are taking similar actions. But this is nothing compared to the debt expansion that lies ahead. Watch out for the next downturn, Rubino warns. “When tax revenues plunge and the private sector start to contract, we’re going to see a huge panic on the part of governments and central banks.”

 

SilverMapleSDBullionDoes it matter who wins the U.S. presidential election? “There’s no way that a president Trump stops the debt binge.” And if we stop borrowing, Rubino says, we collapse. “Some kind of financial crisis is pretty much baked into the cake.”

Inflation is coming, Rubino says. When people start seeing their savings shrinking, they will move into real assets, especially gold and silver bullion. “The instability that is created by people rushing out of cash and into real stuff and pushing up the prices of real stuff, will cause the financial markets to possibly spin out of control.”

Rubino also discusses the Deutsche bank crisis.
With a derivative book bigger than the entire European economy, if Deutsche bank goes, it takes Europe down with it, Rubino says.

But could Deutsche bank be a distraction from an even bigger threat?
Find out in this interview…

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  1. Every time I listen to a pod cast I lose 30 minutes of my life but I have sex during the recording so there’s a  two fer.  But I can’t abide by Bo Polonium. With all this talk about deflation, he is the biggest culprit.  All the viagra in the bottle won’t help when he bloviates.  Might as well pound my big toe with a hammer when he’s on.   😉  The idea of Janet Yellen providing above average inflation is beyond the pale however.  Just viewing her mug causes deflation.

    Seriously though, Rubino does outline some of the policies that are making life very difficult for the average Joe and Jane.  These central bankers are creating the worst of all worlds. A QE boom that precipitates a crash and then hyperinflation.  More silver please.

    BTW   In my opinion,  you can forget about Cialis. A debt jubilee would be the best remedy for ED every invented

    • Agreed @AGXIIK

       

      ” In my opinion,  you can forget about Cialis. “

      Don’t you just love those stupid commercials that show some limp-d**k guy with a hot wife who “needs” a pill to get it on.  Geeze… grow a pair!  😉

       

  2. @Ed_B  funny about all those commercials about boner pills.  Viagra cost $60 per pill.  That might not cover the cost of a nice dinner out with our wives, I am sure that the night out is not only money well spent but the end result can be pretty nice too.

  3. @uglydog  Busted   I had to check  Just had too!

    I’m 5 months and a wakeup from  entering the no-man’s-land of Medicare and asked my Medicare broker the cost of Type D  Viagra formularies to get the best bang for the buck–so to speak

    Checking on that same question at Walmart I asked a cute blonde  30 something pharmacist if there were bargains for Viagra.  She said no.  I really had to bite my tongue on the response that rose in my mind.  But being a gentleman I didn’t

    However my great doctor gave me a toll free number to his contact in New Delhi, his go-to guy for boner pills.  Full strength Cialis is way under $10 a pop.    I keep that number and my bootleg Rx for Cialis in the computer files just in case a need arises.

    Wifey also gave me her seal of approval too.

    • @AGXIIK

       

      “I keep that number and my bootleg Rx for Cialis in the computer files just in case a need arises.”

      More likely in case it doesn’t!  😉

      Hey, how about one of those Canadian pharmacies?  Seems as if they have all kinds of stuff.  I was taking an expensive med a couple of years ago and I did an on-line search for it to see if I could find a better price.  Turns out that a couple of the Canadian pharmacies had it for just under 1/2 of what it cost here in the US, including the shipping.  Getting it shipped to me could be a problem, however.  But, while you are visiting family in Canada, you could nip out to a pharmacy or two and scope out their prices.   😉

       

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