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Peter Schiff Says Banking Crisis Not Over, Much Worse Financial Crisis Incoming -- Warns of 'Massive' Recession Economist Peter Schiff has cautioned that the present banking crisis is the cusp of a much worse financial crisis. “It's going to get much much worse if you are going to try to dismiss it,” he stressed. Citing the Federal Reserve’s recession forecast, he warned: “Normally the Fed doesn’t forecast a recession. So if they […]
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