Comment by worldthruword
6 hours ago
I think Peter Schiff has been beating the drumbeats of collapse since 2008. But now on the other hand, we have a rising power China trying overthrow the current system which will accelerate the process. China wasn't in that position in 2008.
“The sky falling” on the global economy would be terrible for China.
Domestic demand is being prodded to grow, but the Chinese economy would be in tatters if exports fell off a cliff.