Follow The Money Radio

PODCAST: Are We Heading for Another Great Depression?

March 25, 2020

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As the global economy grinds to a near halt amid the coronavirus pandemic, is an economic depression now inevitable? Economist Jerry Robinson examines the evidence and weighs in. Later, he is joined by popular financial author, John Rubino, for a discussion of our unprecedented times.

Show Notes

Segment 1: Are We Heading For Another Great Depression?

SEGMENT BEGINS AT 00:51

As the global economy grinds to a near halt amid the coronavirus pandemic, is an economic depression now inevitable? Economist Jerry Robinson examines the evidence and weighs in.

  • In the Great Depression, the highest unemployment was around 25%
  • The economic and health impact of the coming global tsunami
  • The corporate media’s handling of the coronavirus pandemic has been as bad as the Federal government’s response
  • Our polarizing “democracy”
  • Let’s teach our children about the basics
  • We tipped off our members about the recent crash (how to become a part of our community)
  • Exposing the fake capitalism vs socialism debate in America

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Segment 2: An Interview with John Rubino

SEGMENT BEGINS AT 32:14

In this segment, Jerry is joined by returning guest and popular financial author John Rubino for a discussion of our unprecedented times.

  • Are we really living in “the greatest economy ever”?
  • The economy will shrink dramatically and it will take awhile to come back
  • Two Titanic forces: A natural disaster + unlimited currency printing presses
  • The amplitude of the booms and busts is getting bigger
  • A monetary reset may be good for the economy
  • The downside of globalization – where do we go to hide?
  • Perhap it’s time to reinstate the gold standard
  • The crucial importance of diversification in a currency crisis

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Segment 3: The Final Word w/ Jerry Robinson

SEGMENT BEGINS AT 57:10

Jerry closes out today’s show with a thought-provoking question, especially for the world’s perceived “rich” Americans.

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