Peter Schiff Warns: "They're Not Afraid Of Collapsing The Bubble On Trump's Watch"

Tyler Durden's picture

Authored by Mac Slavo via,

Investors like Peter Schiff have been predicting the collapse of the American economy for a long time, and for good reason. If an economy is built on a foundation of borrowed money, then that economy is living on borrowed time. However, despite how fundamentally unsustainable our financial system is, it has somehow defied all expectations. It has gone on far longer than any of us could have imagined.

But that could easily change under Trump. Schiff explains in a recent interview with Alex Jones and Dr. Jerome Corsi, that President Trump is the perfect scapegoat for the coming economic collapse. The establishment loathes him, and there’s plenty of evidence to suggest that they’re trying to pop the financial bubble that they created, while he is still in office.

“It’s interesting that during the entire term where Obama was president, the Fed really only raised rates once. I mean, they raised them a second time, but that’s after the election. Since trump was elected they’ve already had three rate hikes and they’re planning on doing more.


But the low interest rates were part of the problem. The Fed needs to raise interest rates, but when they do that, the economy is going to collapse. The whole bubble, the recovery was phony, we don’t want to keep the phony recovery going. We want to let it implode so we can have a real recovery built on a solid foundation.”

However, Trump’s decision to credit himself for the latest gains in the stock market, as well as a lower unemployment rates, is playing right into the hands of the establishment.

“If Hillary had won, a lot of the optimism surrounding the prospect of lower taxes and deregulation would be there, and my guess is that the Fed that claims to be data dependent, would not have been raising interest rates in the face of this horrible data. So I do think that politics are playing a role here. The reason the fed is ignoring the weak data is that they’re not afraid of collapsing the bubble on Trump’s watch


…Once we go back into recession and they can maybe blame it on Trump, especially since Trump has made the mistake of pinning his presidency on the stock market, or this economy; when the economy tanks and the stock market tanks, and now the fed can try to save it, say “look at what Trump did, he wrecked this great economy and now we have to come bail him out. We have to do more QE, we have to cut interest rates,” and that may lay a foundation for the Democrats to run against Trump on how he wrecked the economy in the midterm elections, and then again in the president in 2020.”

When you realize how much debt and helicopter money is floating around our economy, it’s difficult to comprehend how it has stayed afloat for so long. The elites have truly pulled off a miracle by keeping our bubble economy inflated. Unfortunately, now that Trump is in office, they no longer need to keep this charade going.

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Lets_Eat_Ben's picture

I told my beer that on Nov. 8th

xtremers9's picture

Historically, the stock market performed better under democrats than republicans. that's because republican presidents get voted in when the economic expansion is aged. and then the inevitable recession comes along

ejmoosa's picture

Actually, both parties lose favor when corporate profit growth year over year falls below 7% during the election year.  For the four quarters ending Sept 2016, Corporate profits were down 9.27% year over year.

Never One Roach's picture

Republicans are [usually] more responsible then Democraps.


Curtailing the out-of-control enetitlements and throwig some fiscal sense into the economy should slow it down a  bit but in the long run will be much better when rates revert to 7% or higher. Let the speculators go bankrupt who bet on zero rats forever. 7% wil give retirees some yield on their savings, pensions can star tot recover, and investments will be based again on fundamentals instead of lunacy.

Mr 9x19's picture
Peter Schiff Warns: "They're Not Afraid Of Collapsing The Bubble On Trump's Watch"



so what, fucking dick head, your last 10 years lifetime was fearmongering to make money, fuck you !

Billy the Poet's picture

I don't think that the elites plan to collapse the bubble. It's their bubble and they like it. That's not to say it won't collapse.

eforce's picture

In Europe you also have the left poised to take advantage of an economic crisis, especially in the UK with Corbyn.

HillaryOdor's picture

They'll unload it all into pension funds before they buy it back cheap.

Praetorian Guard's picture

I can't wait to try out my 30 round drums on my Saiga 12... when the hoards go ape shit... Bring it bitches!!!!!!


Come join us for FREE at ALL are welcome!!!

Praetorian Guard's picture

I'll be hummin this tune when the shit goes south... and bankers be fleeing...

Bay of Pigs's picture

Telling the truth isn't fearmongering.

Get fucked. Schiff nailed the housing bubble when everyone said it was doing fine. Same shit today. RE, stocks and bonds are ALL in massive bubbles.

SurlysonofaBitch's picture

That's not the reason. Also, Reagan got voted in during an economic mess. The real reason the doops do better with the stockemarket than the Republicans is because they are even more reckless with monitary policy then Republicans, which leads to bubbles.

TheDude1224's picture

Awww...The establishment's fake economy based on debt is going to explode on a non-establishment player? Wow, never saw this one coming...

The world's greatest game of hot potato may actually be coming to an end and Trump is going to be left burning his hands?

Billy the Poet's picture

It would also be easy to blame the near treasonous behavior of the media, liberals and John McCain. They've gone far beyond obstruction and have openly promoted violence against the man in the street. When Tim Kaine's son was arrested for throwing incendiary devices at people in a state capitol building and attacking police Kaine said that his son's actions were peaceful. A few simulated assassinations later we get a bunch of congressmen shot up at charity baseball event. Then recordings emerged of Democrats saying that they wished the victims had died.

Maybe the blame for the collapse of America will go to those who openly hate America.

TheDude1224's picture

I think more people are starting to wake up to the chaos created by the deep state, but that doesn't mean it will make a difference. We are still the "Conspiracists" the "Crazies" the "Lunes" and the people giving us these labels can control all of the information giving platforms. If they want us to only see certain things on the internet, or simply wipe the internet out, then they have the ability to do so. This is a privilege, not a right, and if they want to be brazen enough, it will all go away.

Billy the Poet's picture

Suppose the bubble collapses and it's the loons like us who have the courage and imagination to put food on people's tables and a roof over their heads. Never let a crisis go to waste.

Give Me Some Truth's picture

Oh, they are not afraid of being brazen.

Scuba Steve's picture

Yep, until Oz is strung from the nearest tree with the flying monkeys because the witch has already melted ...

finametrics's picture

The orange monkey is non-establishment. Explain him being surrounded by ashkenazi j00s.

Bastiat's picture

You should always drink your beer up before the bubbles collapse.  Beer is a great teacher.

Billy the Poet's picture

I've got a Yuengling inkling.

VD's picture

listening to Alex Jones talk about the economy and economics is quite painful.

Great Deceivah's picture

(((Peter Schiff))) = another dumb Joo, who thinks he knows everything.


gregga777's picture

The Goldman Sachs Feral Reserve System always Succeeds!

• They caused the credit boom and crackup that led to the Great Depression (1929-1945).

• They caused the credit boom and crackup that led to the Greater Depression (2007-and counting).

• They caused the credit boom and are causing the crackup that will lead to the Greatest Depression (TBD-unknown).

The Goldman Sachs Feral Reserve System has a perfect record. They deliberately cause the credit booms and crackups. It's all part of their owners plan to impoverish the American People and America.

pocomotion's picture

My relatives turned in their GOLD in Nineteen Hundred and Thirty Three.  The Federal Reserve must-a melted the stuff down along with other depression people to turn it into bars.

So we all go on with our lives as if nothing else matters.

Never One Roach's picture



(Goldman Sucks Lives Matter)

Loki Libertarian's picture

Wish they would hurry and get it over with.


Crypto-World-Order's picture

Thats how they keep you down, keep you beaten until morale improves, These fucks know how to keep you down, down let them. Dont wish it would hurry up because they can keep this shit going along time while you are growing more depressed daily "waiting for it". How many fucking years has it been since we were supposed to crash and burn? In other words, be your own bank and live life as enjoyable as possible. There are no garauntees in this world.

Blankfuck's picture

These FED FUCKERS BETTER START PRINTING MO PONZI MONEY and stop giving those MULTI MILLIONS PRINTED PONZI to those BANKER FUCKERS and give it to the 99 percent POOR FUCKERS WHO NOW HAVE TO PAY THE TRILLIONS OF DEBT Created which those FED FUCKERS AND BANKER SCUM BAGS TOOK in what they think was all legal! Where the fuck is the FBI ON THIS CASE?

Billy the Poet's picture

I'd be happy with the revocation of legal tender laws. Then they can print what they want and give it to whom they want. Let the market set the value.

hootowl's picture

The FBI is safely embedded in the ZOG Deep State right along with the primary pillar of the Deep State, the FED.

gregga777's picture

When the economy and financial system crashes the blame is always due to the Goldman Sachs Feral Reserve System. Why the Repussicans can't figure that out is because they are a bunch of girly girl, sniveling, whining MORONS.

Bill of Rights's picture

Great I'll buy in at 666 no problem lol

Chupacabra-322's picture

So, what I can gather is:  No war world 3  Just a slllloooowwww breakdown of financial, moral and ethical society and world entrapment of the basics -- food, shelter and clothing.  Leave us with rocks and teargas grenades to throw back at the skunkspraying armored carriers.

dark fiber's picture

World war 3 does not necessarily have to resemble the previous wars.  What you describe could very well be what WW3 will look like at least at the early stages. 

Jason T's picture

We're all getting old. 

AlexCharting's picture

Trump will rage rant against central banks like he did MSM.... cant wait

Mikeyyy's picture

I thought Trump said he was a big fan of low interest rates.  Do you believe raging against the Fed is gonna help his cause?

Martian Moon's picture

Trump could sink TPTB by differentiating between dollars held by institutions and dollars held by individuals, up to a max

The dollars held by individuals could be converted to new dollars, the rest, hasta la vista baby

DjangoCat's picture

New dollars, old dollars, all the same fiat scam.  Debt that cannot be paid back is what it is.  Value at the point of the gun.

Martian Moon's picture

I m just saying it s a threat he can hold against TPTB

The helicopter money they got never left the stratosphere, easy to segregate

Crypto-World-Order's picture

Schiff, the worlds greatest gold snakeoil salesman. 

serotonindumptruck's picture

As a lifelong doom-n-gloomer, I respect Schiff's opinion. While some will call him a Chicken Little who claims that the sky is falling soon, I'm one to believe that eventually, on a long enough timeline, Chicken Little will be proven correct.

Too bad about Schiff agreeing to do an interview with Alex Jones and Jerome Corsi (neocon). That might be the best that he can do after being blacklisted from CNBC, Bloomberg, and Fox Business channel.

Give Me Some Truth's picture

Schiff's warnings and read of macro economics is right. Calling the date of the implosion is impossible. I don't think anyone thought that the Powers that Be would become as corrupt and brazen in their market rigging and economic lies as they have become. This has allowed the can to be kicked much longer than all of us thought possible.

The fact Schiff seems to have been "blacklisted" from those channels tells me he is someone we SHOULD listen to.

2_legs_bahhhhhd's picture

Careful, I wouldn't be surprised that Schiff et all are just controlled opposition. The giant control fraud requires bears to fuel the Ponzi scheme.

There are so few nuggets of truth to be had amongst the tons of horse shit, it's all but impossible to trust any info now.

Buy it, bury it, and wait.....cause it's coming.

VWAndy's picture

 The new party they want is the progressive socialist. Yall shoulda been able to guess that right after the Ds tanked it. Go look at FB and see for yourself.

moneybots's picture

If it was Hillary's watch, they would be doing the same thing. It has been 9 1/2 years since the last recession began. A recession is coming, regardless who is President.