Sovereign Debt & Currency Crisis: It’ll Be Worse Than 2008 — Peter Schiff November 9, 2023 Unipro2013main News, World Economy, World News </p> <h2>Sovereign Debt & Currency Crisis: It’ll Be Worse Than 2008 — Peter Schiff</h2> <p> Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Peter Schiff, founder of Schiff Gold and Chief Market Strategist of Euro Pacific Asset Management, who says the macro environment resembles 2007, right before the 2008 financial crisis. Schiff warns that it will be worse this time than the 2008 downfall, adding that the Federal Reserve will have to choose between a massive financial collapse or sacrificing the U.S. dollar. He also discusses the depth of the U.S. debt spiral and gives his gold price outlook.</p> <p>00:00 – Intro<br /> 01:50 – It’s feeling a lot like 2007, what’s next?<br /> 04:52 – Data revisions<br /> 08:31 – Market reaction<br /> 11:09 – It’ll be worse than 2008<br /> 12:27 – The trigger to watch<br /> 16:38 – Currency collapse<br /> 27:08 – What’s the alternative to USD?<br /> 38:21 – What derails Peter Schiff’s outlook?<br /> 43:46 – Geopolitical situation<br /> 46:24 – Gold forecast<br /> 54:18 – U.S. election<br /> __________________________________________________________________<br /> Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.</p> <p>Credit to : Kitco NEWS </p> <p> Please support our Sponsors here :
