The US Isn't Japan, It's Argentina - Ep 927
The Peter Schiff Show Podcast
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The Potential Consequences of Default and Deflation in the Banking System
This chapter discusses the potential consequences of default and deflation in the banking system. It explains the impact of government insurance on the modern banking system and predicts that losses from a future crash will be greater than those of the Great Depression. The chapter also highlights misleading government statistics and emphasizes the importance of preparing financially for the impending crisis.
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