Peter Schiff - The Government Admitted to Running the World's Largest Ponzi Scheme
SBTV spoke with Peter Schiff, Chief Economist and Global Market Strategist at Euro Pacific Capital, about the absurdity of the US debt ceiling debacle and the government's public admission to running the world's largest Ponzi scheme!
Discussed in this interview:
01:27 Can the Fed go through with the taper?
05:04 What's with the daily trillion-dollar reverse repos?
07:12 Insider trading at the Fed?
09:14 US debt ceiling debacle
12:21 Will the $1 trillion platinum coin ever materialize?
13:35 Evergrande contagion ahead?
15:42 When the Everything Bubble pops
17:03 When the world buys gold, it'll be too late.
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