Reported 3 days ago
Economist Peter Schiff, known for predicting the 2008 financial crisis, criticized Donald Trump's stance on trade deficits. He argues that Trump's plan to impose tariffs could exacerbate inflation and harm the economy. Schiff insists that trade with countries like Canada and Europe is beneficial for the U.S., as it relies heavily on imported goods to meet demand. He recommends investing in gold and real estate as hedges against rising inflation, highlighting opportunities such as gold IRAs and crowdfunding for rental properties to secure financial stability.
Source: YAHOO