Peter Schiff, a much more respected economist than Trump’s clown, Peter Navarro, has some words for us.
Peter Schiff Warns US Headed for Recession Deeper Than the Great Depression
Economist Peter Schiff issued a dire warning on April 18 during an interview on the Schwab Network, cautioning that U.S. economic policies are setting the stage for a catastrophic downturn.
Blaming tariffs implemented under President Donald Trump’s administration, Schiff stated: “The recession is going to get much worse as a result of these misguided tariffs.” He argued that unless the tariffs are removed and the administration backs down, the situation will spiral into a historically severe downturn:
This is going to be the worst recession since the Great Depression. It may be worse than the Great Depression.
Comments