The Next Financial Crisis | Peter Schiff and Stefan Molyneux
While President Donald Trump and elements of the mainstream media describe a strong United States economy - America's economic future has significant problems on the horizon. Peter Schiff joins Stefan Molyneux to discuss the United States's $21-plus trillion-dollar national debt, skyrocketing unfunded liabilities, federal deficits of $100 billion per month, the end of retirement, coming Corporate bankruptcies, the myth of a strong stock market, the subprime auto loan bubble, the role of China, upcoming inflation, flooding the market with treasury bonds, the day of reckoning for the Federal Reserve, Bernie Sander's Jobs program and the end of the second-longest economic recovery in history.
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He's also the author of the bestselling books: Crash Proof 2.0
