John Rubino – Commercial Real Estate and WeWork Bankruptcy, US Credit Rating Downgrades, Gold Stocks vs The Gold Price
John Rubino, publisher of his newsletter over at Substack joins us to discuss the issues he sees in commercial real estate and the US debt. The WeWork bankruptcy is a starting point but John also brings up private equity being stuck and potentially starting to dump inventory. We then move on to the overall health of the US noting Moody’s recent negative comments on the US credit outlook. Finally we look at the gold stocks continued under performance. We ask when this will finally end.