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Peter Schiff gives his 2020 Economic Crash Predictions in this episode of COVID-19 Crisis Investing Webinar.

Join Robert Helms and Russell Gray, hosts of The Real Estate Guys™ Radio Show as they talk with  @Peter Schiff an economist, financial broker, and author who was recently on the @PowerfulJRE  for the third time. Peter points out how COVID-19 was the pin that popped the bubble to cause the 2020 Financial crisis. He compares this financial crash to the 2008 housing crash and debunks the argument that this is just like World War II.

Ultimately, Peter believes that America is going to have to roll up its sleeves and start manufacturing goods and spend less after the US dollar is no longer the reserve currency. Join us for a great discussion about the 2020 economic recession and the investing OPPORTUNITIES it can provide real estate investors.

Chapters:
0:00 COVID-19 Intro
0:42 Robert and Russ Intro
1:54 How Russ met Peter Schiff
4:55 Peter Schiff Intro
6:20 COVID-19 Is The Pin That Popped The Financial Bubble
11:39 2020 Financial Crisis and Lockdown
16:08 The Effect of Bailouts (Supply and Demand)
20:00 The Dollar As The Reserve Currency
23:00 What Takes The Dollars (Fiat currency) Take The Place of the Gold Standard?
27:50 What Happens Next
31:34 Will China's Yuan Become The Next Reserve Currency
36:52 Special Drawing Rights (SDR's) and International Monetary Fund (IMF) for Trade?
41:41 Manufacturing Goods... again
42:55 Reverse Policy and Shrink Government
44:10 Government Bailouts
48:30 America's Economy Changes With Reserve Currency
50:25 Peter's Information
52:15 Summary

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#FlattenTheEconomicCurve #COVID19 #RealEstateGuysRadio #CrisisInvestingSeries #RobertHelms #RussellGray

To listen to The Real Estate Guys™ Radio Show weekly podcast, visit: https://realestateguysradio.com/listen/