Peter Schiff
This Crisis Is Economic, Not Merely Financial
Posted on 2020-03-16 16:44:00 [ Show older headlines ]
The financial crisis of 2008 was a cake walk compared to this. All that happened in 2008 was real estate prices fell, borrowers defaulted, and lenders lost money. Today global commerce is grading to a halt. Production is shutting down. This crisis is economic, not merely financial.