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Bitcoin.com News
Bitcoin.com News|Apr 09, 2025 00:32
The retail industry is facing a ticking time bomb 💥 Peter Schiff says Trump’s tariffs could wipe out retailers, leave landlords broke, and crash banks. Prices could spike way beyond the tariffs. Layoffs could slam the job market. Empty stores, defaulted loans, and a full-on recession? He even said a 50% stock crash wouldn’t be enough to reflect what’s coming. And the kicker? Even if trade deficits drop, he says it's a hollow win—because Americans just won't be able to afford anything anymore. This isn’t about foreign trade. Schiff says the real rot is right here in the U.S. 🇺🇸 Markets are sleepwalking into disaster—and no one’s pricing it in. Is @PeterSchiff right? Are we watching the greatest economic unraveling since the 1930s unfold in slow motion?
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Timeline

May 08, 14:26【The Federal Reserve may postpone interest rate cuts】
May 07, 17:35【Interest rate cut bets are declining】
May 06, 16:27【Trump claims trade deficit is reversing due to tariffs】
May 06, 12:15【China's six major banks experience a decline in profits in the first quarter of 2025】
May 06, 01:24【Trump's policies may lead the Federal Reserve into a lose lose situation】
May 04, 14:27【Trump downplays concerns about economic recession】
May 04, 14:08【Trump says he is not worried about an economic recession during his term】
May 02, 14:49【The trend of buying on dips may continue until the end of the tariff suspension】
May 01, 19:28【Thousands of Chinese factories have closed, laid off, and gone bankrupt】
May 01, 05:31【The momentum of promoting the strengthening of corporate governance is increasing】

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