Fake Good News – John Rubino (Video)

Fake Good News – John Rubino Video by FSNGoldandSilver

The Fed has no choice, once they started cutting rates, they have to continue to cut rates. No doubt there will be a trade deal with China. They’re out there looming and the financial markets like these headlines. It sells and that’s all that matters. Record highs on Wall Street. It doesn’t matter that there’s no long term solution, everyone has to wear a happy face. But eventually, real news will prevail. We’re in the midst of an 11 year bull market. The average is 6 years, so where does that leave us. Healthy borrowers are now at a premium. Cutting rates won’t change that. We’re out of good credits to loan money to.


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Kerry Lutz has been a student of Austrian Economics since 1977. While attending Pace University, he stumbled upon an extensive cache of Austrian Economic Literature in a dark, musty, abandoned section of the school’s library. After graduating from The New York Law School, he became an attorney and life long serial entrepreneur. His diverse career has included: running a legal printing company, practicing commercial law and litigation and founding a successful distressed asset investment company.