If you have plunging corporate profits, you have plunging productivity, surging labor costs, what would a rational person believe is likely to follow, layoffs! It has to happen.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Jun 12, 2015
Blog Archive
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2015
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June
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- What Is Better For Greece
- Markets: Greece Is Just A Sideshow
- Video: Governments Want To Inflate
- Stock Market: The Day Of Reckoning Is Near
- The U.S. Will Be In Another Recession Before The E...
- Federal Reserve: If They Raise Rates They Will Pri...
- Yellen: I Need To See Further Improvements Before ...
- Yellen: If The Economy Is Not As Strong As We Thi...
- Entrepreneurship Is At Generational Lows Right Now
- The Government Just Made The U.S. Dollar Even Less...
- Consumer Comfort Index Is Making A Record-Breaking...
- U.S. Economy: Plunging Profits, Productivity & Ris...
- Gold Market Outlook
- U.S. Economy: A Declining Productivity Is Not A Go...
- More Economic Data Pointing To A Recession
- Jobs Report, Economic Weakness & Interest Rate Hikes
- QE Is Like Putting Out A Fire With Gasoline
- The Fed Will Not Raise Rates, No Matter What
- A Lot Of Economic Indicators Are Showing That The ...
- Federal Reserve: Bluffing About Raising Rates
- America & Japan: The Central Banks Are Making The ...
- China: Long Term Buyer Of Chinese Stocks
- Shanghai Composite: Nothing Goes Up In A Straight ...
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June
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