Fed rings bell on potential Chinese contagion & bitcoin clears crucial threshold
The Federal Reserve is sounding the alarm on the potential for the Chinese real estate contagion to infect US markets. Boom Bust’s Christy Ai fills us in on the looming danger forming in the world’s second-largest economy. And with inflation showing no signs of slowing down, how long can we expect the trend to continue? Peter Schiff of Euro Pacific Capital offers his forecast and the latest Producer Price Index figures. The cryptocurrency sector has hit a new milestone after clearing $3 trillion in market cap. Boom Bust’s Ben Swann and Jeffrey Tucker of the Brownstone Institute weigh in on the institutional viability of the industry.
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