U.S. Trade Deficit In Manufacturing Goods Hits Record High

Topics: China`s trade surplus, U.S. record trade deficit;

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Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

U.S. Economy: Trade Deficit & Job Creation

If we were creating productive jobs our trade deficit would be going down but because we are not creating those type of jobs we have to import what our people are not making even if they are working, they are working in goods producing areas, which is where they need to be.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Is Germany Opposing An European QE?

Germany is not just one country. Germany has a lot of weight. And my guess is if the Bundesbank does not want QE, it is not going to happen. It is not like it is going to happen over their objection.

So they are going to have to convince the Germans that QE is necessary and that QE is helpful. And I think that is going to be a very difficult hurdle to overcome.

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Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.