If QE comes to an end, we're going to default on the debt because we're not going to be able to make the interest payments.
All these major banks are going to fail again, their balance sheets can't withstand rising interest rates. And interest rates would rise sharply if you take the fed out of the picture. - in CNBC Fast Money
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Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
