Coronavirus Critical

COVID19: The Deep State Has Made Its Move

Economic Collapse is Imminent!
This Is It! Lock And Load... Final Warning!
The Shit Is About To Hit The Fan... Download Our Immediate Action Plan Now!

Peter Schiff: “The Recession Is A DONE DEAL” Thanks To The Fed’s Interest Rate Hikes

Mac Slavo
January 22nd, 2019
Comments (21)

In his latest podcast, financial expert Peter Schiff said that what we’re seeing right now in the economic climate is a typical bear market correction and a recession is right around the corner. Schiff said that optimism over a trade deal with China won’t stop the markets from going into recession.

According to Seeking Alpha, pundits on CNBC emphasized that the Dow has risen out of “correction” territory, meaning it is no longer 10% below its highs. They blasted this all day Friday. But Schiff took issue with this analysis and said the talking heads just don’t understand how it all works.

First of all, we didn’t enter a correction. We entered a bear market. Now, bear markets have corrections too. They’re called rallies. Except the people and CNBC don’t get that. They think the only correction is a move down in a bull market.” -Peter Schiff via Seeking Alpha

And Schiff declared that the Federal Reserve is once again, the cause of this correction.

As I’ve been saying, I began forecasting, even before the first rate hike in December of 2015, that if the Federal Reserve ever tried to normalize interest rates, it would never succeed. It would never be able to get rates back to normal because somewhere along the way they would tip the stock market into a bear market, cause a recession, and the Fed would back off. And that’s exactly what happened. The minute the stock market went into a bear market in the fourth quarter of last year, by early this year, everybody did an about-face, and all of a sudden, there are no more rate hikes, no more autopilot. They’re just, you know, being patient.” -Peter Schiff via Seeking Alpha

San Francisco Fed President Mary Daly said rate hikes are “on pause” last week, even though she sees no sign of a recession.  But Shiff ponders what the Fed will do when an actual recession is staring these central bankers in the face.  Many allege that during the next recession, there will be nothing the Fed or government can do to stop it.  After all, they are responsible for all depressions and recessions in history.

Of course, stock market investors are clueless about that. They’re just having a party because the Powell Put is back on the table. And they think simply because the Federal Reserve is no longer hiking rates that they no longer have to worry about the Fed pushing the economy into a recession. Well, it’s too late for that. The rate hikes of the past have already guaranteed that the economy is headed for recession. It doesn’t matter whether they continue to raise rates in the future. The recession is a done deal. It’s just now you have that calm between the storm while investors are still clueless and haven’t yet connected those, what should be, very obvious dots.” -Peter Schiff via Seeking Alpha

Schiff appears increasingly confident that the recession is a “done deal” and that it’s just around the corner.  Take the time to prepare yourself the best you can before it hits. 


President Trump is Breaking Down the Neck of the Federal Reserve!

He wants zero rates and QE4!

You must prepare for the financial reset

We are running out of time

Download the Ultimate Reset Guide Now!

Author: Mac Slavo
Date: January 22nd, 2019
Website: www.SHTFplan.com

Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.

SHTFPLAN is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

CBD Oils, Isolates, Supplements And Information


Vote: Click here to vote for SHTF Plan as a Top Prepper Web Site
  1. reper sleepr says:

    Just more angst to use your teeth to trim your fingernails. What will come is gonna come ready or not.

  2. tuesdayissoylentgreenday says:

    Maybe enough folks will get fed up and wake up… But probably not… Super Bowl is coming so damn the economy and lets watch tv…

  3. Anonymous says:

    Everyday. “world ending” according to this web site and well educated experts. Psyops.

    yet each day I wake up, sun shines, birds sing, wind breeze blows. “Oh…. .. what a beautiful life.” I love Lou Armstrong.

    Bob Marley “Three little birds by my door step. tweet tweet tweet.”

    Mike Tyson an orphan, to become Champion of the world. Go broke, loose it all, then get his life together.

    What opportunity for men who overcome. Good day to be a black man in America. To be anyone in America. So very blessed we all are.

    Life is so good in America. How good we have it.
    We are all fortunate to be alive at this time in history.
    Indoor plumbing, electricity, central air conditiong, central heating, internet training for knowledge skills, automobiles, motorcycles, air planes, safe travel, plenty of cold beer, friendly smiling women in short skirts, grocery stores full of food. Wow.

    After being everywhere. I so love this great land of opportunity.

    It is such a blessing to be alive today and be in America. Thank you God. What a great place.

    Happy 2019. Remember your blessings.

  4. aljamo says:

    Who on God’s green Earth wants to watch the Patriots in the SB again? No thanks.

  5. Anonymous: Enjoy it. It ain’t gonna last.!!!

  6. Yohan Smythe says:

    maybe Schiff has a parrott in his office?

    “Right around the corner. Right around the corner.”

  7. Old Guy says:

    All pro sports is My xiggers can beat your xiggers. Now the recession is caused by the Fed. I thought it was Trumps Tariffs? I think we really haven’t recovered from 2008. a Debt fueled recovery is a false recovery.

  8. Maranatha says:

    I never thought it would be possible, but they ruined football through political activism.

    Where is Bart Starr when you need him?
    ht tps://en.m.wikipedia.org/wiki/Bart_Starr

  9. Old Guy says:

    Blacks ruined football and basketball ect. Their outlandish poor behavior was condoned because if you objected you where labeled as Racist. Every place Blacks are in majority or in charge becomes a shithole place. Best way to deal with Blacks is to shun them. Simply have nothing to do with them. If someone is a xigger operator don’t do business with them. Yes Im Racist. and theres nothing wrong with perfering my very own race and placing the welfare and interest of my own kind ahead of other,s

  10. Old Guy says:

    OJ is a poster boy example. They let him get away with Murder? Just because he was good at playing a stupid game where grown run around chasing a ball? WTF?