Schiff: Bear Market has Begun. The Economy is on the verge of Collapse, says Trump before elected president
RT AMERICA / BATTLE FOR WORLD – October 11, 2018: The article highlights: Anya Parampil reports on the US stock market downturn which began on Wednesday (October 10), finding that the mini-crash has rippled throughout international markets. Anya talks to Peter Schiff, CEO of Euro Pacific Capital, and Bart Chilton, Host of RT’s Boom Bust, to discuss what’s behind the meltdown and whether or not it could evolve into something to more severe.
(BattleForWorld: Before Donald Trump was elected president he said that the US economy is on the verge of economic collapse, said Peter Schiff on RT America. It is not Trump’s trade policies that are causing the crash, the crash was happening anyway. And now the economy is moving into a bigger collapse, because all that Trump did was blow more air into the bottomless Federal Reserve bubble. And now the Fed is raising rates causing that bubble to trip. It’s not just stocks that’s a bubble, the entire economy is a bubble and the recession that’s going to follow the bursting of this bubble is going to be deeper and more severe.)
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