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Just When You Thought Government Couldn’t Get Any Dumber - Ep 888

The Peter Schiff Show Podcast

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Introduction

Peter Schiff: The Philadelphia Fed Manufacturing Index for the month of April collapsed all the way down to minus 31.3. In order to find a Philly Fed manufacturing number that low, you've got to go back to March of 2009. This number is very consistent with an economy in recession. If it's not in recession, it's certainly suggesting we are on the cusp of one.

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