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Schiff Predicts Imminent Collapse of American Banking System
Schiff Predicts Imminent Collapse of American Banking System
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Economist Peter Schiff warns that all banks are doomed to fail in an upcoming collapse, fueling fears of a total American financial system meltdown. As 2023 bank failures continue to shake markets, Schiff predicts a historically large recession that could surpass the Great Depression. His radical diagnosis reignites debate on the solidity of financial institutions and the viability of economic policies since the 2008 crisis. No mention of specific cryptocurrencies or exchanges in this report.
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