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Every time retail sales come in higher than expected, the mainstream media breathlessly reports this as proof that the American consumer is strong and resilient. In his podcast, Peter Schiff explained that these retail sales numbers aren’t a sign of a strong economy. They just reflect Americans paying more for less. And what’s worse, they’re […]
The post Peter Schiff: The “Unsinkable” American Consumer Is Drowning in Debt first appeared on SchiffGold.