The American dollar and the American economy are about to burst.
The world is now pulling the rug out from under America. The dollar is going to fall. The dollar is going to be exchanged for gold. Central banks are buying gold, getting rid of the dollar.
We are heading towards another economic crisis which will make the 2008 financial crisis look very small.
America's national debt has exceeded 34 trillion dollars, which is considered irretrievable by Schiff. Central banks (especially China, Russia, and India) are moving their reserve currency from the dollar to gold. This is called De-dollarization. They believe that the more money the Federal Reserve prints, the faster the value of the dollar will fall.
American economist Peter Schiff's talk, who gained fame for accurately predicting the 2008 financial crisis.
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