Leading economist predicts turmoil ahead as Trump inherits Biden’s economy

The New York Stock Exchange on Wall Street

As President-elect Donald Trump prepares to take office, leading economist Peter Schiff warned Tuesday on Newsmax of the impending economic challenges he will inherit.

During an appearance on “Newsmax New Year’s Eve With Shaun Kraisman,” Schiff said the problems within the U.S. economy have been largely overlooked by investors, which contributed to Trump’s electoral win. The economist suggested drastic measures as Trump faces these turmoils, including substantial cuts to government spending...