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John Rubino - Getting Closer to the Minsky Moment #4117
Financial Survival Network
English - November 19, 2018 20:42 - 31 minutes - 43.7 MB - ★★★★ - 31 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Patrick Donohoe - The American Dream is Still Alive #4116
John and I have been talking for years about finally getting to the dreaded Minsky Moment, that time when an overly debt laden economy ceases to function. We've seen it in Venezuela and in Zimbabwe. Could it happen here? That's the huge question. We may not be Venezuela or Zimbabwe, we could easily see another financial crisis within the next few years. And based upon market behavior, states getting ready to go bust and other bleak indicators, that moment could soon be upon us.