Peter Schiff: It’s Not Going To Be Fine | Zero Hedge

KW: Many people all over the world think the recession/depression that has has started is a man made accident casuing the world economy to falter. As Peter Shciff explains in the video here the global economy was alreday in poor shape and only the massive amount of debt build up was disguising the fact. Now Central Banks are going for broke with trillions more debt trying to solve a debt crisis. ‘Intelligent’ people all told us the GFC of 2008/09 was an event that happened back then and this is a new crisis but that is not the fact. The GFC was never resolved apart from printing money to cover the cracks and this virus issue is simply the pin that popped the bubble into a full blown re reckoning of what was not solved back then accept the bubble is much larger now .

 

“…This is all wishful thinking. It’s all part of the delusion. It’s not going to be fine…”

Source: Peter Schiff: It’s Not Going To Be Fine | Zero Hedge