PETER SCHIFF, GLOBAL STRATEGIST: Economy Headed for Dramatic Collapse Prepare Now
2 years ago
59
PETER SCHIFF, GLOBAL STRATEGIST: Economy Headed for Dramatic Collapse Prepare Now
https://www.youtube.com/watch?v=vSsIdwDZYmw
Peter Schiff, the chief economist at Euro Pacific Capital, told Gerald Celente in an interview published Thursday that Americans need to be prepared for a “dramatic collapse” of the economy.
“Interest rates are going substantially higher from here. They’re still much too low,” he said. “We’re now kind of approaching three percent yields on U.S. treasuries, we’re not quite there yet.”
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