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Elon Musk Warns US Faces 'De Facto' Bankruptcy If $37 Trillion Debt Not Tackled, Peter Schiff Says, 'We Are Already Bankrupt'
Wednesday, June 18, 2025 - 12:04am | 598Read More...Billionaire entrepreneur Elon Musk is once again raising concerns regarding the U.S. fiscal outlook, warning of dire consequences as interest on Federal debt balloons to unsustainable levels. What Happened: On Tuesday, in a post on X, Musk warned that the United States was teetering on the edge of...
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Peter Schiff Slams MSTR: 'Business Model Is a Complete Fraud,' Says Bankruptcy Is Inevitable
Thursday, June 12, 2025 - 2:01pm | 695Read More...Economist Peter Schiff didn’t hold back when criticizing the Bitcoin Treasury company Strategy Inc. (NASDAQ:MSTR), while issuing a stark warning on its future. What Happened: Schiff, a long-time Bitcoin (CRYPTO: BTC) critic, replied to a post on X by Strategy’s Executive Chairman,...
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Peter Schiff Says He'd Admit He Was Wrong On Bitcoin If He Wakes Up In A World Where...
Wednesday, June 11, 2025 - 5:28am | 718Read More...Economist Peter Schiff said in a recent interview that he would admit being wrong about Bitcoin (CRYPTO: BTC) if the world wakes up to a “hyper Bitcoinization” scenario. What Happened: During an interview that aired Monday, Schiff was asked about what it would take for him to...
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Howard Lutnick Says US And China 'Reached A Framework' To Implement Geneva Consensus Following Trump-Xi Call — CSI 300 Index Gains
Wednesday, June 11, 2025 - 12:08am | 751Read More...The United States and China have reached a long-awaited trade agreement, following two days of high-level discussions in London this week. What Happened: On Tuesday, representatives from both sides said that they’ve reached an agreement to implement the provisions of the Geneva trade...
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Economist Peter Schiff Criticizes Trump's $1,000 Baby Account Proposal: Calls It 'Unconstitutional' And 'A Bad Idea' That Will Only Saddle Them With More Debt
Tuesday, June 10, 2025 - 4:40am | 746Read More...Economist Peter Schiff is criticizing the Trump administration’s latest proposal for the federal government to give newborns in the U.S. $1,000 to invest in the stock market. What Happened: On Monday, Schiff called out the proposal on X, arguing that it is “unconstitutional” and...
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Peter Schiff Left Unfazed As Bitcoin Spikes Above $110,000, Doesn't Agree His Legacy Is Destroyed: 'I'll Eventually Be Proven Right'
Tuesday, June 10, 2025 - 12:09am | 777Read More...Economist Peter Schiff remained skeptical about Bitcoin’s (CRYPTO: BTC) surge past $110,000 Monday, insisting that he will eventually be proven right about the apex cryptocurrency’s downfall. What Happened: Schiff took to X to comment on Bitcoin’s latest rally, asking,...
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Foreign Investors Pull $37 Billion From US Stocks In May—Largest Monthly Exit In A Year: Exodus Amid Market Recovery, 90-Day Tariff Pause
Sunday, June 8, 2025 - 10:13pm | 671Read More...New figures from U.S. equity markets indicate a troubling trend, as foreign investors pull back amid mounting uncertainties and persistent volatility over the past two months. What Happened: On Sunday, popular investment newsletter, The Kobeissi Letter, posted on X, citing Goldman Sachs data,...
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Bernie Sanders Slams Nike: Company Makes $23 Billion A Year, Workers Make $202 A Month—'Corporate Greed At Its Worst'
Friday, June 6, 2025 - 1:05am | 863Read More...Sen. Bernie Sanders (I-VT) is putting fresh heat on Nike Inc. (NYSE:NKE), one of the world's most recognisable brands, this time shedding light on the conditions faced by its workers, deep inside its globalised supply chains. What Happened: On Thursday, Sanders trained his guns at sportswear giant...
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Elon Musk Loses $34 Billion As Tesla Sheds $153 Billion Amid Feud With Trump—Here's How The Billionaire's Fortune Has Fared So Far In 2025
Friday, June 6, 2025 - 12:10am | 870Read More...This has been a bruising week for Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk, both on the personal and professional fronts, as the public spat with President Donald Trump takes a toll on the company’s stock, alongside the billionaire entrepreneur’s personal fortune. What Happened: On...
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Silver Hits 12-Year High: Peter Schiff Says Rally's Just Starting
Thursday, June 5, 2025 - 9:43am | 781Read More...Silver's not just glittering – it's surging. The white metal rocketed past $35.60 an ounce Thursday, a level last seen in 2012, and gold bull Peter Schiff says it's just warming up. I love the smell of a precious metals rally in the morning. Gold is above $3,400, but silver and platinum...
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Trump Can't Demand Lower Rates While 'Creating Inflation' With Tariffs And Money Printing, Says Ross Gerber — Backs Fed's Patience
Thursday, June 5, 2025 - 12:05am | 784Read More...Ross Gerber, the CEO of Gerber Kawasaki Wealth & Investment Management, is throwing his weight behind the Federal Reserve’s decision to hold the rates, while sharply criticizing President Donald Trump’s trade and tariff policies, alongside the fiscal expansion that is resulting in...
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Peter Schiff Backs Musk's Furious Attack On Trump's 'Disgusting' Budget Bill, Slams GOP Hypocrisy: 'So Glad ... Hopefully Elon Can Persuade Trump To Veto It'
Tuesday, June 3, 2025 - 10:08pm | 688Read More...On Tuesday, Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk criticized President Donald Trump's flagship spending bill, drawing praise from economist Peter Schiff for confronting what both see as Republican fiscal hypocrisy. What Happened: Musk blasted the proposed legislation—dubbed the "One Big Beautiful...
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Peter Schiff Calls Out 'The Big Short' Investor Steve Eisman For Dismissing Gold And US Debt Concerns: 'The Irony Is Incredible'
Tuesday, June 3, 2025 - 6:09am | 653Read More...Economist Peter Schiff has publicly criticized “The Big Short” fame investor Steve Eisman for dismissing both gold investments and U.S. national debt concerns during a recent media interaction. The exchange highlights growing tensions among financial experts over monetary policy and...
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US Dollar Decouples With 10-Year Treasuries As Trade Tensions Change Long-Standing Relationships Between Asset Classes
Tuesday, June 3, 2025 - 3:16am | 820Read More...While the U.S. Dollar and Treasury yields have moved in the same direction in the past, this pattern has seen a significant divergence since April 2025, affecting the long-standing relationship between these asset classes. What Happened: According to the data, since the “Liberation Day...
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Peter Schiff Says It Was His Economic Teachings That Made People Want To Buy Bitcoin: 'An Unintended Consequence'
Monday, June 2, 2025 - 11:36pm | 519Read More...Peter Schiff said Monday that his teachings on economics inadvertently led many to invest in Bitcoin (CRYPTO: BTC), despite his advice against it. What Happened: Schiff shared his experience at the Bitcoin 2025 conference on his YouTube podcast. He stated that many attendees credited...
















