Get Ready For More Layoffs And Higher Unemployment

Peter Schiff: The debt just passed $18,000,000,000,000 and nobody reported it.

Video Length: 00:06:27

0:33 Peter debunks the latest jobs numbers re: construction spending
0:46 The debt just passed $18,000,000,000,000 and nobody reported it.
1:24 Auto sales are down because people have no jobs to drive to…
1:47 He talks about the horrible retail sales figures for Black Friday
3:09 Discussing leverage and the impossibility of raising interest rates.