Market Reactions and The Bond Vigilantes

Yesterday when I was talking to my friend and business partner Peter Schiff, he made it clear: China is trying to drive a wedge between the US and Europe by dumping US bonds, and buying euros.
If that’s true, it constitutes a major reset of the global financial order.

I sat down to record a podcast about this because, frankly, it’s the most important thing happening right now. It’s critical to understand—not just what’s happening, but why this is no longer a trade war… It’s an economic war.

Honestly, I’m more concerned than I’ve been in years about this escalating into an actual war. The world’s two largest and most dominant superpowers are directly threatening each other’s economic interests.

You can watch or listen to the podcast here.

https://www.youtube.com/watch?v=5wHDvpsYG5U

You can access the podcast transcript here.