By Andrew Sheng and Xiao Geng Secular stagnation is looming worldwide, and China is no exception. Globally, the unprecedented monetary and fiscal stimulus following the 2008 financial crisis has caused debt, equity, and property prices to peak, even as trade and investment decline; all of this has depressed demand, economic growth, and inflation. For China, … Continue reading
Peter Schiff, the CEO of Euro Pacific Capital, is warning that there is an impending U.S. dollar collapse and economic collapse on the horizon that should be getting a lot more attention, and not China’s recent currency devaluation. In a recent interview with Alex Jones on Infowars, Schiff breaks down what he thinks will cause the up and coming … Continue reading