John Rubino

Contributor since: 26 Feb 2010

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• Eurozone Banks Dump Bad Paper on Taxpayers

  Published 02 July 2012 | viewed 0 times

  Bloomberg is reporting on what looks like a brazen con being pulled on taxpayers by eurozone banks and governments. It goes like this: During the…

• Welcome to the Currency War, Part 2: Massive Euro Devaluation

  Published 28 June 2012 | viewed 0 times

  As everyone knows by now, Greece, Spain and the rest of the PIIGS countries can't fix their economies because they can't devalue. If they were…

• Welcome To The Third World, Part 5: Higher Education Goes Broke

  Published 22 June 2012 | viewed 0 times

  Not all that long ago, most college campuses were pleasant but somewhat austere places where kids without much free cash learned from modestly-paid (but dedicated…

• Capital Controls Coming

  Published 20 June 2012 | viewed 0 times

  For the past few months depositors have been emptying their Greek and Spanish bank accounts and moving the funds to safer places like Germany and…

• Central Banks Dither Today, Panic Tomorrow

  Published 07 June 2012 | viewed 0 times

  If central bankers weren't the main architects of the coming depression, it might be tempting to pity them. The world is falling apart and everyone…

• Financial Wealth Evaporating

  Published 03 June 2012 | viewed 0 times

  Live by the sword, die by the sword. The 1% have spent the past couple of decades accumulating an ever-bigger share of the world's fiat-currency-inflated…

• Gold Miners Finally Start to Outperform

  Published 03 June 2012 | viewed 0 times

  Okay, we get it: gold miners are not the same thing as gold. Mining is a business with all kinds of issues that have nothing…

• Why We're Ungovernable, Part 3: Gridlock and the Fiscal Cliff

  Published 28 May 2012 | viewed 0 times

  Europe's political problems are hogging the headlines, with good reason. So much debt is coming due so soon that big decisions about Greece and Spain…

• Welcome to the Currency War, Part 1: Iceland and the Tragedy of the Commons

  Published 25 May 2012 | viewed 0 times

  Think of devaluation as the monetary equivalent of the "tragedy of the commons". In a nutshell, if everyone owns something, it is in each individual's…

• Another Signpost On The Road To Inflation

  Published 15 May 2012 | viewed 0 times

  Europe's leaders -- that is to say German Chancellor Angela Merkel and the bureaucrats running the various eurozone agencies from Brussels -- have looked into…

• Metals Down, Miners Up — What It Might Mean

  Published 09 May 2012 | viewed 0 times

  Gold and silver are down again today, but the mining stocks are up big. One day does not a trend make, but this is still…

• Krugman Finally Wins the Argument

  Published 06 May 2012 | viewed 0 times

  Today's world can be summarized in two sentences: Unless continuously fed with new credit, the global financial system will implode. And when confronted with this…

• A Tale of Two Gold Miners

  Published 01 May 2012 | viewed 0 times

  Gold has doubled since 2008, so you'd expect the gold mines that were green-lighted based on those old numbers to be generating massive cash flow…

• Getting Out, Part One: Americans Renouncing Citizenship

  Published 27 April 2012 | viewed 0 times

  Capital, like information, wants to be free. The idea that it should be limited to one country has always struck rich people as silly, which…

• Housing: New Bubble or More Trouble?

  Published 17 April 2012 | viewed 0 times

  The in-laws own a gas station in Miami that they've wanted to sell for years. But they dithered when the market was hot and ended…

• 'Turnkey Totalitarian State'

  Published 09 April 2012 | viewed 0 times

  New tech is always a double-edged sword, with benefits balanced to an extent by the risk of misuse by idiots or criminals. Airplanes make possible…

• We Owe How Much?

  Published 02 April 2012 | viewed 0 times

  One of the problems with the debate over the "national debt" is that there's no generally agreed upon definition of that term. Is it what…

• The Flaw In Europe's Austerity Plan: Elections

  Published 29 March 2012 | viewed 0 times

  Getting Europe's mainstream politicians and appointed technocrats to agree to bailouts and austerity was actually the easy part. The real challenge for these guys will…

• Are Treasuries FINALLY the Short of the Decade?

  Published 14 March 2012 | viewed 0 times

  For years now, US government bonds have looked like terrible investments, what with those trillion-dollar deficits and multiple wars and all. But Treasuries just kept…

• Dollar Going Out With A Whimper, Not A Bang - So Far

  Published 01 March 2012 | viewed 0 times

  Last year the US ran a $272 billion trade deficit with China, which means we sent the Chinese that many extra dollars in return for…