John Rubino

Contributor since: 26 Feb 2010

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• How Stupid Do You Have To Be To Let This Happen?

  Published 27 March 2016 | viewed 0 times

  Europe is the birthplace of Western civilization and the source of most of the trends and bodies of knowledge that define modernity. The average European…

• Bad -- But Better Than What's Coming

  Published 25 March 2016 | viewed 0 times

  Talk about diminished expectations. This morning's estimate of 1.4% Q4 GDP growth is being hailed as a pleasant surprise. Which is odd, considering that for…

• Huge Government Deficits Coming

  Published 24 March 2016 | viewed 0 times

  If easy money has stopped working, then what's left? Massive deficits, of course. Pressure is building on governments around the world to increase spending and…

• NIRP Is Absolutely Crushing Big Parts Of The Finance World

  Published 23 March 2016 | viewed 0 times

  Savers are the obvious victims of the past few years' plunge in interest rates. But there are other casualties, including money market funds, which have…

• Capitalist Systems and Share Buybacks

  Published 22 March 2016 | viewed 0 times

  34 Minute VIDEO John Rubino and Gordon T Long discuss concerns with the financial engineering strategy of stock buybacks and what impact it is having…

• Here We Go Again: Government Ramps Up Borrowing As Private Sector Slows

  Published 21 March 2016 | viewed 0 times

  This morning, US existing home sales plunged and the Chicago Fed's national activity index turned negative. Both are obvious signs of a slowing economy. Anticipating…

• Well That Didn't Work

  Published 19 March 2016 | viewed 0 times

  The Bank of Japan and European Central Bank eased recently, which is to say they stepped up their bond buying and/or pushed interest rates further…

• Same Mistakes, Bigger Scale

  Published 18 March 2016 | viewed 0 times

  What do record corporate share repurchases, the rise of Modern Monetary Theory, China's attempts to support its currency and Europe's political turmoil have in common?…

• Is This The Debt Jubilee?

  Published 17 March 2016 | viewed 0 times

  Not so long ago the financial world viewed certain numbers as limits beyond which lay trouble. Interest rates near zero, for instance, were thought to…

• The Rats Keep Pressing The Bar: Two Amazing Stories, One Inevitable Result

  Published 14 March 2016 | viewed 0 times

  Anyone who doubts that the global financial system has run out of (good new) ideas has only to track the recent words and deeds of…

• Welcome To The Currency War, Part 22: China Devaluation Watch

  Published 11 March 2016 | viewed 0 times

  Not so long ago, a big Chinese currency devaluation seemed both inevitable and imminent. The story went like this: China had borrowed tens of trillions…

• Is This The End? Draghi Fires His Bazooka And Markets Turn Away In Disgust

  Published 10 March 2016 | viewed 0 times

  ECB chair Mario Draghi delivered big-time this morning by announcing lower interest rates and a new round of debt monetization. Historically, this kind of thing…

• It's All About The Central Banks

  Published 08 March 2016 | viewed 0 times

  Over the next couple of weeks the Chinese, European, US and possibly Japanese central banks will say things that move the markets. None of this…

• Cash, Guns And Safes: Stress Is Spreading

  Published 06 March 2016 | viewed 0 times

  The Bank For International Settlements just released a report stating that the spread of negative interest rates hasn't caused the world to end. From this…

• A Note Of Caution (And Ambiguity) On Precious Metals

  Published 05 March 2016 | viewed 0 times

  Suddenly, gold and silver are good again. In two short months, they've morphed from targets of derision to shiny new toys on the financial playground.…

• Why We're Ungovernable, Part 13: The Unprotected Push Back

  Published 02 March 2016 | viewed 0 times

  Peggy Noonan, former Reagan administration speech writer and current Wall Street Journal pundit has, like most of her peers, been wondering what's gotten into the…

• Japan's Negative Interest Rates Are Even Crazier Than They Sound

  Published 01 March 2016 | viewed 0 times

  Yesterday Japan's government borrowed money on terms that require the lenders to pay rather than receive interest for ten years. And not only was that…

• Classic Video: Margaret Thatcher On The Euro And 'Federal Europe' In 1990

  Published 29 February 2016 | viewed 0 times

  As the eurozone spins out of control and Britain considers leaving the European Union, this is a good time to recall some of the debates…

• Welcome To The Third World, Part 17: Was Middle-Class Retirement Just A Credit Bubble Fantasy?

  Published 28 February 2016 | viewed 0 times

  One of the jarring -- and until recently underreported -- aspects of those seemingly-positive recent US jobs reports is the increasing skew towards older workers.…

• Now We Can Finally Start Buying The Gold Miners

  Published 26 February 2016 | viewed 0 times

  For most of the past few years it was easy to make the case that precious metals mining stocks were cheap. They'd suffered through an…