Peter Schiff: Economic Armageddon - Bonds & Dollar in Crisis (Glenn Deisen)

Peter Schiff is the CEO of Euro Pacific Asset Management and the host of the Peter Schiff Show.



A few observations: Schiff is probably wrong about US tariffs. He talked about investing overseas in regions that were producing things, and seems to think it's okay that the US has outsourced a massive amount of their own productive capacity. Furthermore, sanctions on Russia helped their domestic industries. Of course prices for goods will rise in the short term under a tariff regime, but longer term protectionism protects local production. Schiff comes across as having TDS despite the fact one can fairly criticise a lot of what the President is doing during his second term. 

Also, causing an economic crisis might actually be the plan. Losing the wars in the Middle East and against Russia might be an objective for Trump. He wanted to wind back US overseas commitments and the they tried to kill him. Although Trump is old he does actually understand second and third order consequences. It's how he operated previously. It's possible he is still using this strategy, giving the Deep State and Israel everything they want, and more, that's leading to disaster. 

[Posted at the SpookyWeather2 blog, September 12, 2026.]