HomePeter Schiff: US dives deeper in debt, stimulus makes it worsetbdPeter Schiff: US dives deeper in debt, stimulus makes it worse

Peter Schiff: US dives deeper in debt, stimulus makes it worse

Moody’s ratings agency has warned the U.S. it may downgrade its credit rating if Washington doesn’t make progress on dealing with its debt. There’s increased speculation the U.S. will have to raise it’s debt ceiling which was already reached in mid-May. But economist Peter Schiff believes that will only make a bad situation worse…

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