Captured By Kinjal Gandhi / 12:59 pm on 27 October 2022
In a podcast titled “When This Sucker’s Rally Ends, the Dollar Will Crash,” economist Peter Schiff shared his outlook on the US Dollar. He stated that the country’s (United Kingdom) debt-to-GDP ratio is around 85% and former Prime Minister Liz Truss threatened to send British debt to GDP even higher. The economist further cautioned that as the Federal Reserve raises interest rates, the problem gets bigger.