2024 Year of the Bank Run with John Rubino

from Kerry Lutz’s Financial Survival Network Kerry and John Rubino delve into pressing economic issues, predicting a looming crisis driven by rising mortgage rates and increasing retail store closures. They argue the necessity for significant government intervention, similar to the pandemic-era stimulus measures, …

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Rubino: Finally, The Housing Crash

via JOHN RUBINO: Spiking interest rates are normally a death knell for homebuilders, for obvious reasons. Higher mortgage rates raise monthly payments, which crash house prices, which make existing houses cheaper than newly built ones, which causes demand for new …

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