Peter Schiff Warns of Financial Doom as Death Spiral Threatens Strategy

Renowned Bitcoin critic, Peter Schiff, has issued a chilling warning about the potential for a financial collapse tied to the investment strategy used by certain businesses. He points out that if investors withdraw from high-yield preferred stock holdings at an alarming rate, it could trigger a catastrophic chain reaction, leading to what he calls a ‘death spiral.’ Schiff’s analysis raises serious concerns about the financial stability of Strategy, a company heavily reliant on income funds buying its high-yield preferred stock. )