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Podcast: Kerry Lutz's--Financial Survival Network
Episode: The Bubble Pops in Slow Motion - Recession Begins - John Rubino
Description: Kerry Lutz and John Rubino break down the cracks appearing in the economy — and they aren’t small. Layoffs are rising, consumer debt is hitting record highs, and defaults are climbing. Even cardboard box demand is falling, a subtle signal that spending is slowing.Petroleum consumption is down, partially due to the rise of electric vehicles, which is also impacting jobs in energy sectors. Car prices remain sky-high, leaving many buyers on the sidelines. Across the board, the economy is showing stress.In Las Vegas, the focus on wealthy visitors has inflated prices for everyday serv...