Multi-Bubble Popping Economy with John Rubino #5650

<p>Maturing debt in a higher interest rate environment is spiking everyone's debt-carrying cost. US now spends more on interest than defense. </p> <p>Meta is firing thousands of employees this week. Lots of other tech companies doing the same on a smaller scale. </p> <p>Mortgage rates at 7.5%, mortgage demand plunging. The housing bubble has definitely burst. </p> <p>Huge shift in stock market leadership from tech to energy.</p> <p>Twitter take over by Musk and the fallout.<span class= "Apple-converted-space"> </span></p> <p>Gold and silver had a massive up day on Friday.  Meanwhile, central banks are buying gold at a record pace, some of them in secret. </p> <p>Can we talk about the Atlantic "covid amnesty" article and the response to it?</p> <p>Is a Red Wave coming on Tuesday? </p>