“We Are In SEVERE RECESSION…” | Peter Schiff
Peter Schiff discusses the current state of the U.S. economy. Schiff analyzed retail sales surge, highlighting the underlying consumer debt issues and the unsustainable spending patterns driven by credit reliance.
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CREDIT:
Peter Schiff
X: https://x.com/PeterSchiff
Websites:
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YouTube: @peterschiff
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18 Comments
Best thing to do is to tell the system to fuckoff and do your own thing
Peter Schiff is the weather man of economics on accuracy. I trust Jim Rickards far more than Schiff.
Obama Biden haris dug such a huge trench there's no fixing the country anymore. The damage is not repairable
AI-edited video? And bot comments? Piss on this turd?
Desperate people will do desperate things. Expect job loss, economic hardship and mental illness to increase theft and crime. A new book called Dealing with Burglary and Home Invasion Robbery. Keep yourself, family and property safe read the book.
Peter Schiff has called 52 of the last 3 recessions.
This guy is full of it. Delete the channel.
I’ve been in a depression and a recession all my life I don’t want to survive
The Fed is the government. It's as lost as all the other branches.
COMMIE , GET A REAL JOB
I really do believe there will be some kind of financial collapse with Trumpanomics. Whatever happens our nation is finished. We have no friends. We have played our hand in the financial markets to the extent that BRICs has become the preference with 60% of the world. We have a president who prefers the country to be divided so nothing can be done to stop the inevitable. And the problem is once the Republicans have destroyed everything they will want everyone to forget how we got there. The country is in a crisis they will cry, we need to unite! Same old BS we heard when George W Bush ended his disasterous debt-orgy and lying foreign policy. But he was just trying to set the country on the right path wasn't he?
Oh no! America is devaluing its US Dollar big time. So much for cutting the U.S. National Debt. 🤦🏻♂️📉
Proof of the validity of my previous comment is the fact: not one of the gov't criminals has been prosecuted and jailed. It appears crime pays, at least in this world.
The curtain has been pulled back and the stark reality of the fact that gov't is not now nor ever has been your friend is fully exposed. Fact – Gov't is a criminal enterprise and ALL are complicit in grand theft on a scale beyond comprehension! Wake up, you are on your own.
Severe Recession,I like tour optimism.Anytime the government has to reduce spendingraising tariffs ,food shortages which cause inflation,and gold is skyrocketing.Were in a Depression
Bring in a dollar and spend a trillion? Who would of thought this was going to fail? This country deserves what's coming . 😂
That will be the death of the Dollar system with the Governments spending is the problem and can't stop and won't stop.