Peter Schiff Slams JD Vance's 'Cheap Labor' Remarks: Globalization Hollowed US Industry, But Kept Prices In Check, Says Renowned Economist

By Yahoo! Finance   |   1 month ago
Peter Schiff Slams JD Vance's 'Cheap Labor' Remarks: Globalization Hollowed US Industry, But Kept Prices In Check, Says Renowned Economist

Renowned economist Peter Schiff warns of the consequences of reversing globalization, stating it could shift inflation from financial markets to the real economy, causing a collapse in asset prices and a surge in consumer prices. He predicts economic crisis if the Trump administration is unprepared for this shift.

Read More

Did you find this insightful?