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Rioting In The Streets! ‘This Will Not End With A Soft-Landing Whimper’ – Rubino Warns “Only A Matter Of Time Before Everyone Realizes There’s No Fix”
Confounded Interest ^ | 11/20/2023 | Anthony B. Sanders

Posted on 11/20/2023 8:06:56 AM PST by Kaiser8408a

Martha and the Vandellas said it best: “No where to run, no where to hide.” We are already seeing rioting in the streets.

Analyst and financial writer John Rubino has a new warning about being fooled into thinking the economy is improving because inflation and interest rates have fallen some recently.

Rubino says, “If the U.S. government is running crisis level deficits, which it is right now, borrowing money and paying interest on it means we are in a financial death spiral…”

“The debt goes up, the interest on the debt goes up and that raises the debt even further, and you just spiral out of control.

We are there right now. The official U.S. debt is $33.5 trillion. It’s growing by $1.7 trillion a year, and $1 trillion of that is interest costs.

We are in the blowoff stage of a 70-year credit super-cycle.

People are going to look at this and say, ‘Do I really want to hold the currency or bonds of a country that is destroying its finances at this trajectory and this scale?’ The answer will be ‘No.’

At that point, it is game over for a deeply indebted economy. We are headed that way fast, and these wars are taking us that way even faster.”

Rubino says in the end, we get a “massive reset,” and the everything bubble explodes.

Riots, already happening in American cities (not to mention looting in New York City, Chicago, San Francisco and Los Angeles), will accelerate if Congress attempts to curtail entitlements (now at $211.65 TRILLION).

Meanwhile, Biden keeps giving away money (student loan forgiveness, electric heat pump mandates, etc.).

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS:
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1 posted on 11/20/2023 8:06:56 AM PST by Kaiser8408a
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To: Kaiser8408a

Two Words: UNDERFUNDED LIABILITIES


2 posted on 11/20/2023 8:10:37 AM PST by Jan_Sobieski (Sanctification)
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To: null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; bitt; ...

ALSO SEE

https://www.msn.com/en-us/news/world/the-united-states-on-the-brink-of-a-new-world-war/ar-AA1kbQcU?


3 posted on 11/20/2023 8:12:34 AM PST by bitt (<img src=' 'width=30%>)
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To: Kaiser8408a

(“The debt goes up, the interest on the debt goes up and that raises the debt even further, and you just spiral out of control.

We are there right now. The official U.S. debt is $33.5 trillion. It’s growing by $1.7 trillion a year, and $1 trillion of that is interest costs.)

Don’t tell the ones that are happy about getting more interest on their savings accounts.

Nothing can possibly go wrong.....


4 posted on 11/20/2023 8:13:17 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Kaiser8408a

This song says it all.

https://www.youtube.com/watch?v=_NzLs-xSss0


5 posted on 11/20/2023 8:14:19 AM PST by dfwgator (Endut! Hoch Hech!)
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To: Kaiser8408a
When is the gubmint gonna give me my three electric automobiles? Eh?

.

But seriously - this economic 'Death Spiral' could have been forseen when the Federal Reserve act got passed and signed into law in 1913.

6 posted on 11/20/2023 8:14:35 AM PST by GaltAdonis
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To: Kaiser8408a

(Rubino says in the end, we get a “massive reset,” and the everything bubble explodes.)

Maybe that’s the plan. 🤔🤔🤔


World War III

Ezekiel 38

Population Reduction

Globalist Agendas

The Great Reset

Satan’s Antichrist and False Prophet

7 years of ‘Peace and Security’

The Tribulation

The Great Tribulation

The Mark of the Beast

Armageddon

The Second Coming of Jesus Christ to Earth 🌎🌍

1,000 years of Real Peace

Luke 21:34-36

John 3:17-18

Acts 2:38

Ephesians 2:8-9

(lurkers please click on my screen name to see my FR homepage for more information)

God bless


7 posted on 11/20/2023 8:15:34 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Kaiser8408a

I want to live in a place where love and kindness are the real currency.

Oh wait….


8 posted on 11/20/2023 8:19:02 AM PST by jcon40 (Leftists are usually obnoxious Bullies)
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To: SaveFerris

“Rubino says in the end, we get a “massive reset,” and the everything bubble explodes. “

If the US dollar collapses, the USA collapses.

And if that happens, the world enters a new Dark Age.

Everything collapses.


9 posted on 11/20/2023 8:19:55 AM PST by Mariner (War Criminal #18)
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To: Mariner

Destruction of national sovereignty is necessary for the coming New World Order of Daniel 7:23 and the rise of the Antichrist

I am NOT happy about it

But it seems TPTB want it to happen

And it seems to be inescapable for the world 🌎🌍

Now just a Global Digital Currency and Universal Basic Income

Eventually to be distributed all-electronic no cash


10 posted on 11/20/2023 8:25:36 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Kaiser8408a

The Temps summed it up decades ago.

https://www.youtube.com/watch?v=-9poCAuYT-s


11 posted on 11/20/2023 8:29:43 AM PST by Brooklyn Attitude (I went to bed on November 3rd 2020 and woke up in 1984.)
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To: Kaiser8408a

Both parties own this.


12 posted on 11/20/2023 8:42:07 AM PST by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: Kaiser8408a

Not to worry, AI will figure out every problem.


13 posted on 11/20/2023 8:43:48 AM PST by glorgau
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To: Mariner

If you are not a “Prepper” it is too late. Those that are prepared get ready to defend yourself, family, and food. It will get ugly when the hoard gets hungry.


14 posted on 11/20/2023 8:46:30 AM PST by mosaicwolf
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To: Mariner

Bingo!


15 posted on 11/20/2023 8:52:11 AM PST by VTenigma (Conspiracy theory is the new "spoiler alert")
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To: jcon40

Uh, skip Gaza


16 posted on 11/20/2023 9:11:31 AM PST by silverleaf (Inside Every Progressive Is A Totalitarian Screaming To Get Out” —David Horowitz)
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To: SaveFerris; Kaiser8408a; Robert DeLong
Some fuller exposure of this scenario here, here and more fully here. The last is the complete article linked to in the previous 2.
17 posted on 11/20/2023 9:18:38 AM PST by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
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To: Kaiser8408a

The real problem will be when there’s no money left for the EBT cards and the generational welfare deadbeats actually have to go out and get a job to eat.


18 posted on 11/20/2023 9:30:46 AM PST by metmom (He who testifies to these things says, “Surely I am coming soon.” Amen. Come, Lord Jesus.)
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To: SaveFerris
***The Great Reset, Satan’s Antichrist and False Prophet ... The Great Tribulation***

The antichrist has not yet revealed himself (or herself) - BUT, I am fairly confident that The False Prophet has emerged. Yuval Noah Harari has declared that God's creation of man is flawed; however we can improve upon that creation, correct some errors.

Yuval Noah Harari.

That, of course, is exactly the same message as the serpent in the Garden of Eden. Harari says that we can make humans into cyborgs, extending their mortal existence measurably. He believes that the world's population needs to be cut about 70%. He advises Klaus Schwab at the World Economic Forum, which position he uses to push for a one world government run by the world's rich elitists. IMO, if he can engineer this restructuring, he will then betray the global control mechanism and turn it over to the 'man of perdition'.

Harari is in perfect position to usher in a one world government and bestow it on the antichrist - IMO. The world's rich elites will think that they now own and control everything in the world then suddenly find themselves in a trap, betrayed and penniless.

19 posted on 11/20/2023 9:35:08 AM PST by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
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To: Seruzawa

The scumbag politicians would have been tarred and feathered a long time ago by our American ancestors. They certainly deserve it. They have been working long and hard to destroy this country. I just hope that America’s rage gets directed at the people who deserve it.


20 posted on 11/20/2023 9:42:59 AM PST by Rdct29 (The Democrats Are The New Nazi Party )
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