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DCG Strikes a Deal to Address the Genesis Bankruptcy Crisis

On Aug. 29, the Digital Currency Group (DCG) announced a significant agreement with the creditors of Genesis, promising potential recoveries of up to 90%.  This...

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Economist Peter Schiff Warns the US Dollar Will Crash — Says ‘We’re Going to Default’

Economist Peter Schiff Warns the US Dollar Will Crash — Says 'We're Going to Default'Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. is “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we possibly repay this debt? Of course not. Repaying the debt is impossible. So, what’s going to happen? We’re going to […]

Conflicting Opinions on Future of US Economy, Bitcoin Added to Guinness World Records, and More — Week in Review

Economist and gold bug Peter Schiff has warned that the United States Federal Reserve’s actions to rein in inflation could lead to a “massive financial crisis” or flight away from the dollar on a global scale. Meanwhile, Joe Biden says the economy is “strong as hell,” and Bank of America and JP Morgan also say […]

Tesla CEO Elon Musk Says Recession Could Last Until Spring 2024

tesla-ceo-elon-musk-says-recession-could-last-until-spring-2024

Tesla and Spacex CEO Elon Musk expects a global recession to last until the spring of 2024. Musk added that his two companies are in good positions but many others are not. “Recessions do have a silver lining in that companies that shouldn’t exist stop existing,” the Tesla boss said. Elon Musk on Global Recession…

The post Tesla CEO Elon Musk Says Recession Could Last Until Spring 2024 appeared first on Bitcoin News Miner.

Economist Peter Schiff Warns Fed Action Could Lead to Market Crashes, Massive Financial Crisis, Severe Recession

Gold bug and economist Peter Schiff says there are two possible outcomes of the Federal Reserve’s action on the U.S. economy. One outcome leads...

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