PETER SCHIFF, GLOBAL STRATEGIST: Economy Headed for Dramatic Collapse Prepare Now
57,749 views • Premiered 21 hours ago • Peter Schiff, the chief economist at Euro Pacific Capital, told Gerald Celente in an interview published Thursday that Americans need to be prepared for a “dramatic collapse” of the economy.
“Interest rates are going substantially higher from here. They’re still much too low,” he said. “We’re now kind of approaching three percent yields on U.S. treasuries, we’re not quite there yet.”
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