Brexit is the Match that Ignites the Powder Keg-Peter Schiff

Greg Hunter’s USAWatchdog.com

Money manager Peter Schiff says don’t believe the so-called “Brexit” was the real cause of the recent chaos in the financial markets. Schiff explains, “If the global financial system and the markets were healthy, ‘Brexit’ would be a non-event.  I mean what difference does it make in the scheme of things if the UK is not part of the EU?  In a healthy economy, it would just shrug it off, but because we have anything else but a healthy financial system, it’s all a gigantic bubble.  It’s a house of cards.  That’s how fragile it is, and it’s all propped up with cheap money, negative interest rates and quantitative easing.  Everybody is confident that the central banks and politicians can keep these bubbles in the air that they are juggling.  Now, all of a sudden, something goes wrong that they didn’t expect.  It shows that the government

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