I am a fan of Peter. I almost invested with his firm years ago. Peter keeps beating this drum. He nailed it with a book he wrote that predicted the great recession. "Crashproof", I think. He's a smart guy. There will certainly be a day of reckoning for the American economy. Problem is...nobody can predict when it will happen. But, with upwards of $22T in debt (way over that when you look at unfunded mandates, over $1M/citizen) it's coming like a freight train. I recommend his book. It's still a very good read.

Didn't hear Schiff's prediction, but it appears likely to me. Surely if it's unavoidable the banking cartel will arrange it to be blamed on Trump. They are responsible for every crash in the past 105 years.