
Schiff w/ Diesen: Defaulting and Inflation are Our Only Options
Interviews | SchiffGold | 19 Oct, 2026
In his latest interview with Glenn Diesen, Peter tackles the narrative that the US economy is thriving simply because President Trump insists it is. He walks through the deeper rot underneath the surface-level boasting, covering America’s addiction to debt, the unsustainable trade deficit, China’s retreat from US Treasuries, and the looming reality that the national debt can never be repaid in honest terms. They close with an analysis of Bitcoin’s shaky footing amid a broader market slump.
Bitcoin
China
debt default
Economic Instability
foreign debt
Glenn Diesen
government spending
inflation
interest rates
national debt
Peter Schiff
sovereign debt crisis
trade deficit
Treasury bonds
US dollar
US economy