Peter Schiff Warns: US Stocks Are a Time Bomb, the “Ultimate Crash” Has Not Happened Yet
Peter Schiff, an economist known for long-term bearish views on the U.S. economy, said on June 3 in an interview with TheStreet that today’s U.S. stock market is more like a “time bomb,” with the market pricing equities “according to hopes rather than reality,” while ignoring structural risks such as U.S. Treasury debt nearing $39 trillion. Schiff explained that many of his warnings over the past several years have been gradually validated, and the only thing that hasn’t happened yet is the “ult
Bisc·06-04 02:04
