June 5, 2025

Retail Armageddon? Schiff Warns of Mass Bankruptcies and Brutal 50% Market Crash

1 min read

Trump’s tariff agenda could gut U.S. retail, crush jobs, and ignite a recession deeper than any since the Great Depression, economist Peter Schiff warns. Peter Schiff: Tariffs Will Gut Retail, Slam Banks, and Spark 50% Market Drawdown Economist and gold advocate Peter Schiff raised alarm on April 8 through social media platform X, predicting that

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