“The U.S. On The Brink Of COLLAPSE…” – Peter Schiff
Schiff doesn’t hold back, calling Bitcoin a “meme coin,” criticizing Trump’s economic policies, and warning that America is on the brink of economic collapse fueled by debt, inflation, and political dysfunction.
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CREDIT:
Peter Schiff
X: https://x.com/PeterSchiff
Websites:
https://www.schiffsovereign.com
https://www.schiffgold.com
YouTube: @peterschiff
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34 Comments
These politicians are all the biggest liars. They have us fighting over whose ripping us off less. Its stockholm syndrome
Republicans – tank the economy and then blame the Democrats when they are unable to repair them
I tune out people who have been saying the same thing for 30 years
All Donald Trump is growing is the number of people that totally disagree with him 😮😮😮
The US is spiralling to disaster. It will become a third world country, the China and Canada calling all the shots. The UK should change course before it is too late.
This dude has been saying this for 10 years. Chicken Little.
Not capitalisms fault though eh big guy. Yea, right
So what you're saying Peter, is we're all just treading water.
This is 50 years of legislated criminals running your country into the ground for the rich
You are a broken record
Doofus
Wall street people always talking aout the stock market. The Wall Street economy is doing great compared to the main street economiy which is terrible. Get the hell out of your gated community and see what's going on.
Hold on, the government is slicker than that, for example, Trump saying he's not going to make cuts to Social Security, and thats true, but what they are not telling u, is they are cutting the taxes that are funding it. Starting to get it, i did vote for him, i like what he did with the border, it was needed, BUT… their are other things that are questionable but then again the path our country is on is the wrong path and presidents for the past 35 years is what help us put us on that path, I don't give a damn what political chair your sitting in. The problems that are here will effect us all in the future.
There is something very stupid about the Republican belief that taxation is just waste. Tax is a distribution of common wealth and the spending is not waste but will give income to someone in the economy, people paid by tax money spend those money into the real economy moving a lot of wheels.
Without tax you have profit floating to the top ending up in bloated overvalued assets. This is creating an evil spiral where attempt to get a good return on asset investments drives prices and inflation up, making even more people poor.
Europe may seem poorer than the USA in GDP but quality of life and living cost for important things like health, education, childcare and food is healthier and with much more freedom than the USA.
E.g. a country like Denmark with high taxation and lots of public spending is doing extremely well and has a much healthier society than the USA and still can show very high GDP and low level of government debt. USA is just spending borrowed money….is that a sign of real wealth?
Although this has been a long time in the making, anyone who has looked into Trumps past activities would know that he loves debt. Many of his business projects were funded by large loans provided by gullible banks and if (or when) the project failed, Trump walked away while the financers scrambled to regain some of their 'investment'.
Furthermore, the smaller, local businesses that supplied the projects suffered badly, some going bankrupt too.
This is what's happening to the whole country and Trump really doesn't care.
Spoken from a true Democrat.
This has been in the making for years…a down cycle is actually needed in long term growth. Let's guess that Kamala would do wonders if she was elected, there is no answer but years of tough times.
Thanks for sharing this video! Getting the right crypto advice really makes a difference, I was able to grow my portfolio to $57k profit in 28days.
Feeling very grateful!🤗
To fix the US you need to take a bunch of cash from the Top and throw it to the Bottom.
My US government wants to constantly borrow now $600,000,0000,000 a month What could possibly go wrong with that BS. At that rate there is no other money left in the system, they are going to run out of lenders. The US budget since Jimmy Carter was to spend every thing it took in, and everything it could borrow, and never had a plan to pay back one cent. USA NOW BANKRUPT! We are in deep XXXX.
The president of the United States of America is a PDF FILE
Decades of un-controlled borrowing for consumer crap now leaves the average American having to borrow for their weekly shop. US Family finances are about to get much much worse.
So not only are the tariffs having an effect the dollar dropping in value is acting as a double whammy for people who are finding the cost of living hitting them?
Trump slump has started
Congratulations to all those that were gullible enough to vote for him
Did I hear Peter say anything about reducing spending on defense? No? I didn't think so.
I agreed with Petter years and years ago. I am shocked that this has gone on this long and still going.
Yes. Life is hell for a few of us but not like the depression era that YouTubers are talking about.
Have no fear TACO man is here!
You’ll be right one of these days I suppose
So true.. I voted for Trump three times but I told everybody he was not going to cut the deficit He's not going to touch entitlements that would go up and there's nothing he can do about the l crisis coming .. or at least there was no way he was going to do what needed to be done. It'll be fine for people making half a million or above over the next few years. You make it 100K or less this is going to crush you. I argue with my rich friends all the time that believe the dollar should be weak.. I've said for 20 years our dollar should be stronger.. we should be where the Kuwaiti dollar is. People that are not millionaires and billionaires could care less if caterpillar sells anything overseas. 😂
Republicans: "Cutting taxes brings in more tax revenue." That is BS.
Inflationary tornado is headed right for us.
Doge didn’t accomplish much. Prepare for a long depression
Thanks for the insight! Crypto isn’t some get-rich-quick thing. I’ve made nearly $70K this year, but it came from patience, learning, and the right mentor. I doubted it at first too, but once I followed a solid plan, it started making sense. It’s risky, yeah but so is standing still. Glad I trusted the process.