If the Federal Reserve continues with its taper timetable we will be back in recession. Now, I don`t believe they will continue, I think they will come back with more stimulus which might technically and statistically keep the economy out of a recession. But in reality, I think we are in a depression. I don`t think the U.S. Economy is growing at all.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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