Yesterday when I was talking to my friend and business partner Peter Schiff, he made it clear: China is trying to drive a wedge between the US and Europe by dumping US bonds, and buying euros.
If thatโs true, it constitutes a major reset of the global financial order.
I sat down to record a podcast about this because, frankly, itโs the most important thing happening right now. Itโs critical to understandโnot just whatโs happening, but why this is no longer a trade warโฆ It’s an economic war.
Honestly, Iโm more concerned than Iโve been in years about this escalating into an actual war. The worldโs two largest and most dominant superpowers are directly threatening each otherโs economic interests.
You can watch or listen to the podcast here.