Everyone thinks the war ending will fix everything–oil crashes, yields crash, economy booms. I think that’s pure fantasy. We’re still at $90 a barrel, even with all this peace optimism. And bond yields? Barely moved. That’s because the real problem isn’t the war–it’s the debt. We have too much of it, and foreigners don’t want to lend us money anymore because they know we’re just going to print more. The market is in for a rude awakening.
#PeterSchiff #Economy #StockMarket #BondYields #OilPrices #Inflation #Debt #MoneyPrinting #Fed #Investing #Finance #EconomicCrisis #MarketCrash #FinancialNews #short
