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Schiff's warnings of a coming economic collapse earned him the moniker "Dr. Doom", but later articles in Business Week and other business news journals reported that Schiff "more or less accurately" predicted the financial crisis of 2007–2010 while the "easiest criticism of macroeconomists is that nearly all failed to foresee the recession ...
Schiff, who said in June 2023 that his “net worth is a lot more than $80 million,” would fit within the Fed’s top 1% definition for Q4 2023 — but unlike some of his wealthy peers, the ...
“I think what’s going to happen is the world’s going to reject the dollar like we rejected gold [in 1971] — and it’s going to go back on the gold standard,” Schiff predicted.
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2010 United States Senate election in Connecticut ← 2004 November 2, 2010 2016 → Turnout 45.9% (voting eligible) Nominee Richard Blumenthal Linda McMahon Party Democratic Republican Alliance Working Families Popular vote 636,040 498,341 Percentage 55.16% 43.22% County results Municipality results Blumenthal: 40–50% 50–60% 60–70% 70–80% 80–90% McMahon: 40–50% 50–60% 60–70% U ...
Schiff is predicting a phenomenon known as “de-dollarization” — when countries shift away from the greenback as a reserve currency, medium of exchange or unit of account.
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