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>>Peter Schiff cautions that the US‑China trade agreement will not halt de‑dollarization or rising deficits.

Peter Schiff cautions that the US‑China trade agreement will not halt de‑dollarization or rising deficits.

crypthub

3 days ago

Underlying Risks Behind Trade Optimism

Peter Schiff warned that the buoyancy sparked by renewed U.S.-China trade talks conceals mounting challenges such as expanding deficits, persistent inflation, and a faster move away from the dollar. These factors, he said, are weakening confidence in America’s long‑term economic stability. He also cautioned that a dollar crisis could loom despite the trade‑driven rally.

Volatile Global Sentiment

Global financial markets displayed heightened volatility as investors reacted to the optimistic prospects of the renewed trade dialogue. The mixed signals reflect both the enthusiasm for improved ties and the lingering worries about deeper economic imbalances. This tension underscores the precarious nature of current market sentiment.