Peter Schiff Warns Of 'Full-Blown Financial Crisis' Looming After February Import Price Spike Amid Iran War

Economist Peter Schiff warns that a severe financial meltdown is imminent following a sharp spike in U.S. import and export prices, compounded by massive global oil shocks.Schiff Warns Of 19% Annualized InflationAccording to Schiff, the situation is already critical, noting that “February import prices spiked 1.3% while export prices surged 1.5%.” He calculated that these surging numbers are “annualizing to inflation rates of 16.8%–19.6%.”BLS Data Confirms Price SurgesSchiff’s stark warning aligns directly ...