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US headed for dollar & sovereign debt crisis on scale never experienced
The US Federal Reserve has never been right in its policies and has set up the American economy for an even bigger crisis, said economist Peter Schiff at the Virtual Investor Day Conference. According to Schiff, the United States is entering the final chapter of the...
China Moves Away From US Dollar Ahead of Digital Yuan
In brief China is reducing exposure to the US dollar amidst fears of massive inflation. The country has sold over $109 billion worth of US bonds in the first half of 2020. Its upcoming digital yuan is a contender to the US dollar’s long-held global dominance....
The Dollar Crash Will Take Down Entire US “House Of Cards”
Peter Schiff says the new historic and record-breaking fall in gross domestic product numbers coupled with unemployment and the Federal Reserve’s excessive money creation will cause a dollar collapse. Once that happens, the entire house of cards that is the...
The Number Of Permanent Business-Shutdowns Is Rising
Permanent business closures are rising as the economic impacts of the coronavirus-induced government shutdowns continue to ripple through the economy. This is yet another sign that the promised “v-shaped” economic recovery will likely never materialize. Business...Start Your Dollarcation With RTD University
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