A Recession Worse Than 2008? - How To Survive & Thrive The Next Economic Crisis | Peter Schiff PT 2

The second part of this conversation with Peter Schiff is just as packed with mind-blowing insights as part one.
It’s hard to see what’s actually happening when you’re in the middle of it, and that’s exactly why I bring experts with a wide range of experiences and insights to the show. A lot of you are in the crossroads and feeling the pain of how much higher your grocery bill is for the same amount of food. If you were on track with a decent savings account a couple of years ago (especially if you took advantage of the stimulus money that got us where we are now… we’ll talk about that today) you noticed your savings are virtually non-existent now.
Peter has not only accurately predicted the 2008 financial collapse, he’s also been spot on in his predictions of the stock market performance, including gold, commodities, and the mighty dollar.
Peter Schiff is breaking down for us the mind-games the government uses with data to ease the pain we all know to be a rapidly declining standard of living and exposing how the Fed’s inflation strategies are destroying the American economy.

How anti-discrimination laws create more prejudice

What the 2008 subprime market reveals about opportunities today

Increasing rates like the Fed continues to do simply doesn’t work

Peter exposes the big inflation bailout no one wants to talk about

Is a depression greater than the Great Depression we all ready about in US history on the horizon for the US? If record numbers of credit card debt and student loan debts serve as any kind of indication of what’s looming around the corner, you’ll want to take notes and really think through this for yourself and your family.
This is Impact Theory and this episode is about thinking through not just how to survive the next economic crisis, but how to get ahead of most and actually thrive.

PETER SCHIFF QUOTES:
“The inherent flaw isn’t capitalism, it’s democracy.”
“Because the federal reserve kept interest rates so artificially low, it encouraged people to keep borrowing more and more money, [...] everybody is loaded up with debt because the government artificially suppressed interest rates.”
“The best thing you can do if you want to try to save yourself financially, but also have an impact on the rest of the world, don’t go broke, don’t do down with the ship, [...] preserve your own wealth.

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