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Hear What Peter Schiff Says Is Coming Next: ‘There’s No Way To Stop This’

Thursday, February 8, 2018 6:17
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Peter Schiff, a market analyst who had accurately predicted the 2008 recession and the recent stock market plunge says more is coming.  Wait until you hear what he says is on the horizon for America and the global economy in the Trump era.

In an interview with Infowars‘ Alex Jones, Schiff details what we can all expect from the economy.  And even though Trump has fought to save the economy, the federal reserve is working against the president. “Unfortunately, he is the fall guy. There’s no way to stop this,” Shiff begins.

“The problem is so big that the minute the Fed has to try to solve it, it’s gonna unleash a much bigger one [problem],” Shiff says.  Jones begins his intro by not sugar coating the problem the economy is in thanks to government interference. The economy is a giant bubble and it will pop at some point, not just deflate.

The Fed were dragging their feet in raising rates while Obama was president.  They talked about raising rates but at the end of the day, they barely moved them up. The pace of hikes has increased since Trump was elected, but part of the reason for that…I mean, the media is not talking down the economy; if anything they’re overhyping the economy.  Everybody’s talking about how strong the economy is, how everything is great. Everybody is taking credit for this great economy. The Fed wants to take credit for it, Trump wants to take credit for it, so if everybody wants to talk about how great the economy is, the Fed doesn’t have any excuse if it doesn’t raise rates…in order to keep up the pretense that the economy is as strong as everybody thinks, the Fed is in this box where it has to raise rates.

But they [the Fed] can’t tell the truth that it’s really a bubble, and if we raise rates, we’re gonna prick it, so they’re kinda in this bind.  And they are still telegraphing that they’re gonna raise rates three or four times this year.  And that is the problem.

Schiff then goes on to explain some of the problems Trump inherited from Obama that will be difficult, if not impossible to solve without a crisis.

“One of the things the happened under Obama, is he inherited a massive deficit from Bush. The deficit skyrocketed in 2008/2009 and so, after a couple of years, the deficits were slowly falling while Obama was president. Now, they were falling from a very high level, but at least they were going down. All of a sudden, deficits are skyrocketing and they’re about to explode out of control. Yet, we have no way to finance them. So interest rates have no place to go but way up. Not just a little up.”

 Jones then wanted to know if Shiff thought there was a way for Trump to help America get out of this mess. Schiff says Trump should come clean on how the economy is really looking.

“The sooner he tells the truth, the better…I don’t think this market is going to roar back and make new highs.”

The other problem is Americans have the lowest savings rate in ten years.  There is no money for the public to buy undesirable bonds that not even the Chinese will buy. Schiff also says that the social justice warriors need to take a break and focus on the bigger picture.

“Social issues need to take a backseat. If the economy crashes, if the market crashes, if we have a worse economy than the one that Bush left Obama, then none of the other stuff matters. Because we’re paving the way for somebody worse than Hillary Clinton.”

Trump is going to get blamed when the economy tanks because the media has already decided that they are on the side of socialism. When all of this happens, prepare for the free market (which we don’t have) to be blamed and prepare for the tax cuts to be blamed.  This will pave the way for Communism. “I don’t think Trump can get out of dodge in time,” Schiff said. 

This article has been contributed by SHTF Plan. Visit www.SHTFplan.com for alternative news, commentary and preparedness info.



Source: http://www.shtfplan.com/headline-news/hear-what-peter-schiff-says-is-coming-next-theres-no-way-to-stop-this_02082018

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Total 12 comments
  • Viking

    The minute Trump announced more money in the common man’s paycheck you knew the cost of everything would go up. That is the financial prison we live in. You cannot get ahead. We are all just slaves in nicer quarters.

    • 72FX

      You are correct.

    • Ted

      ““One of the things the happened under Obama, is he inherited a massive deficit from Bush. The deficit skyrocketed in 2008/2009 and so, after a couple of years, the deficits were slowly falling while Obama was president.” This sentence in the above story discredits everything else in the article.

      Sure, Bush left a huge deficit, with the help of a Democrat congress, obama TRIPLED IT! :mad:

  • louielabro

    Peter Schiff is a smart guy but everyone talks about “THE FED” well dumb dumb’s that’s the reason every man woman and child in this country is in debt. We are all slaves to “THE FED” What a crock of Sh*t! Biggest Ponzi Scheme in history. Nothing Federal about it! Private Banks loan us money that we print. Is this Insane? They create Money out of Nothing! They can never go broke….we go broke! This country is full of scumbags! Do research on this, you’ll be in shock! Are you telling me our leaders don’t know this? Of course they do. They’re all professionals at acting stupid because if they even think of trying to break it up, you end up dead. The truth of it is the Money runs everything! Period! People do anything for it! 99.99999999999999% of the Criminals that run our country have sold them selves to the money handlers. Look at their income and then where they live, their total assets…etc….. Whatta joke! They have all padded their own pockets. They insider trade, you name it! If we pulled a stunt like that The Feds would kick in our doors and push your face in, but if you’re in the in crowd, we’ll turn a blind eye! I’m sure there are plenty of good federal agents out there, men and women that took that oath while they raised their right hand seriously. This country needs real men…..not yes men! I wish these corrupted bastards that have run this country in the ground would be brought to justice! There are so many scandals every day you can’t keep up with them all. It’s Pathetic! We must be the laughing stock of the whole world! The crap that happens in this country and no one is ever held accountable! I could write a series of books on this. OK I’m done venting! Thank you for taking the time to read this and have a good one! This was my first post, sorry if it was kinda heavy!

    • raisnbran

      debt debt debt–if you have it your screwed—i stayed away from while making a 150 k a year driving a truck (my own)when younger–yes a semi truck–took that $$$ and invested oil and metals–turned it into millions—no debt and never will–they only have you if you got debt—instead of semi have a nice private turbo prop–my son is the pilot and we are more or less partners and life is good–stay away from debt and life will be good….debt is sheet–stay away

    • Anonymous

      THIS IS WHERE THE POWER OF PRAYER COMES IN, ALL THOSE THAT ARE RIGHTEOUS, NEED TO PRAY FOR THESE SCUMBAGS TO DIE OFF LIKE A.S.A.P.

      ~ ”PRAYER IS A TERRIBLE THING TO WASTE, SO MY PEOPLE NEED TO USE IT, & USE IT NOW” ~

      THUS SAYS THE LORD GOD ALMIGHTY ~ I AM…

  • Man

    I guess you can scrap “the economy” of Trump’s achievements.

    but then, true trump followers believe anything negative is caused by the fearsome “derp state”

  • dandelion231

    Gee if he had all the traitors in DC arrested and took their assest like his EO says IDK maybe he could pay off the debt. DUH

  • Pink Slime

    The economy is actually doing OK. If Trump keeps this up nothing is wrong. But America has placed communist in the highest levels of government. STUMPING Trump wherever they can.

    THEY MUST BE REMOVED! For the money returning to the people are taken away by communist taxes, fees, and raising prices.

    The Negro had 8 years to INFEST your government with communist, Negroes, radicals, and feminist. All anti-white, anti-capitalist.

  • kris

    Peter Schiff is a SHILL. Take a deep look as the TIMING of his comments!

  • kletus_ledbetter

    The evidence is so overwhelming that the Federal Reserve and the central banks are at fault as to whats happening and whats likely to happen to the US economy that I think in the end they will shoulder the complete blame for the for the massive crash. I also think they will be eliminated or severely reined in by congress.

  • Anonymous

    Doris Day and company, singing the Federal Reserve theme song, for your entertainment and edification:

    https://www.youtube.com/watch?v=H6SXi4I47Qw

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