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Web3 Real-time Hot Topics Peter Schiff Warns the US Economic Recession Could Be Worse than the Great Depression Economist Peter Schiff has warned that the US is facing a historic economic recession, citing reasons such as soaring inflation, a weakened banking sector, and flawed Federal Reserve policies. He blames the tariffs from the Trump era for exacerbating the instability and suggests that the job market has inflated due to the rise of part-time positions. Schiff believes the banking system is fragile, and the next move by the Federal Reserve could determine the fate of the US dollar.
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