Peter Schiff isn’t known for mincing words or sugarcoating the evidence. The financial broker and economist said in an interview “the economy is going to blow up like a bomb,” and when that happens, Donald Trump will take all of the blame.
Not even a full minute into an interview with Alex Jones of Info Wars, Schiff says “it’s not a good thing” that the economy is going to crash and burn. “Unfortunately, that’s what Trump has inherited from Obama. But it’s not even really just Obama, it’s the federal reserve. It’s the monetary policy that has been passed like a baton from Clinton to Bush to Obama and now to Trump. And we’re near the end of the game and unfortunately, Trump’s gonna be the fall guy. This thing is all gonna collapse while he’s president.”
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Schiff is a bright guy. What he says should be thought about.
ReplyDeleteAgreed he is bright. But you do not really need to be bright to understand what is going to happen. We have been bitching about the government interference with the market since 2008 and nothing has stopped. It will crash. It is going to be ugly. And Trump and republicans will get the blame. Face it, the democrats are good at this. I hope it holds off until after the 2018 elections.
ReplyDeleteIf the economy crashes Oprah will get elected and she will bring comrad Obama back on board in some fashion and America as we know it is done forever.China will have control of the world economy and that will be the end of the petro dollar,all oil will bought and sold with the yen or what Chinese money is. Russia will exert a tremendous amount influnce in the world but they will get a lot of resistance from China and those two may actually go to war.We would become a third world country but we would side with China as they are the lesser of two evils.China would prevail and rule the whole world,they would prevail because they are patient enough to let the whole process play out over 50 or 60 years.I know this sounds like a lot of BS but it could actually happen if Democrats win in 2018 and 2020.My psychic inclinations have been getting a lot stronger lately.
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