Layoffs, Layoffs, Layoffs with John Rubino #5795

<p class="MuiTypography-root MuiTypography-body1 css-jxzvhi">Kerry Lutz and John Rubino discussed the current economic situation, which includes high unemployment, plunging lumber prices, and a shrinking money supply. They also discussed the possibility of a dollar shortage leading to deflation, and the potential for a cascade failure in the economy due to the tightening of monetary conditions. They also discussed the peculiar phenomenon of market crashes taking place during holidays.</p> <div class= "MuiCollapse-root MuiCollapse-vertical MuiCollapse-entered css-c4sutr"> <div class="MuiCollapse-wrapper MuiCollapse-vertical css-hboir5"> <div class= "MuiCollapse-wrapperInner MuiCollapse-vertical css-8atqhb"> <div class="css-10eoep3"> <p class="MuiTypography-root MuiTypography-body1 css-jxzvhi">John Rubino and Kerry Lutz discussed the consequences of Germany's decisions to open their borders and invest in renewable energy, as well as China's Belt and Road Initiative, which is a form of capital flight. They also discussed the potential of Rfk Junior challenging Biden in the upcoming election and the implications of Tucker Carlson's firing from Fox News.</p> <p><strong>More signs of a slowdown:</strong></p> <p>— Lenders are still tightening lending standards (Capital One, CarMax) </p> <p>— CRE is tanking.  Vornado Realty Trust stock at 27 year low</p> <p>— Pending home sales fell for the first time since November lumber prices crashing.</p> <p>— Layoffs all over the place Lyft, Disney, many more</p> <p>— Oil prices skid</p> <p>— M2 Money supply keeps going down</p> <p> </p> <p>ECB set to raise rates again in early May. </p> <p>— Rates are already way up. Italy 10 year yield is 4.3%</p> <p>— Is this a good time to short European stocks? </p> <p>Fed meets the same week. What happens if they both tighten?</p> <p>Silver swung to a massive deficit in 2022. Is that the same thing as a "shortage" and does it mean higher prices?</p> <p>RFK Jr is running against Biden, and has pretty good initial poll numbers. How will the Dem