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John Rubino and Eric Coffin return. Nick Appleyard visits for the first time. The world has bought the Keynesian notion that earthly paradise can be engineered by excessive consumption, zero savings and debt-based money created magically by central bankers. Central bankers have complied so much that the dollar based financial system is turning insolvent. Burdened by an inability to service debt, Central bankers’ only answer for short term survival is to destroy the existing monetary system longer term, by driving interest rates into negative territory. The system simply can’t finance debt at h
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