Banking Black Swans Descending with John Rubino

from Kerry Lutz's Financial Survival Network

John Rubino is back. Obviously, we start with the banking crisis:

  • How many other banks will implode?
  • Charles Schwab is tanking. Are brokerage houses at risk too?
  • Are big banks safer than regional and community banks?
  • Jamie Dimon warned us

Is this the Fed capitulation? i.e., did we just discover the upper limit for interest rates? Is the bottom in for gold and silver? Saudis and Iranians make peace — prelude to them joining BRICs monetary union?

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  1. Agree whole heartily, (but) what if (everything) goes down in one fell swoop and all things crash and burn including the 275 quadrillion of derivatives. Won’t we wake in a severe deflation situation. Just a thought!! Ed

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