Chief economist gives grim prediction about new Trump threat: 'Crisis will get worse'

Donald Trump's latest economic threat will backfire, according to an economist who said that, if the president follows through, a major crisis will be heightened.

Peter Schiff, a financial commentator and radio personality who has been raising alarms about America’s affordability crisis, weighed in over the weekend. Previously, Trump himself went nuclear when Schiff did an appearance on Fox News.

“Why would Fox and Friends Weekend (of all things?) put on a ‘Stockbroker’ named Peter Schiff...