Trump made a deal on the budget. More military spending AND more domestic spending. He was sent to D.C. to drain the swamp, but it looks like he's just adding to it. It turns out Candidate Trump and President Trump are two different animals.
Candidate Trump (rightly) was critical of the budget deficits of the Obama and Bush administrations. He called the Obama stock market a "big, fat, ugly bubble".
Fast forward to today, President Trumps deficits are huge, and the markets are "the best in the history of the country". No bubble here.
Elizabeth Warren now sees "serious warning signs" of an economic crash. When will the media start talking about that?
Peter thinks the media will keep it's powder dry until we get closer to the 2020 elections.
Even though we may not agree with his position on the crypto space, I believe his views on the federal reserve, QE, interest rate manipulation, and the damage these have done to the economy are spot on.
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Thanks
SOURCE:
http://www.SchiffRadio.com
http://www.SchiffGold.com/news
https://www.Goldmoney.com/
I am not affiliated with Peter Schiff, and am posting his podcast and his podcast notes to further raise awareness about his view of where the markets are, and where they may be heading.
Thanks, @scottyt
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Also I would like to hear your take on what he had to say. Please comment.
Peter Schiff is doing another Live Challenge on July 29, 2019. 9 PM EDT. The topic will be Inflation/Deflation.
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