Peter Schiff Warns Qatar's $200 Billion Boeing Deal Could Spike US Inflation, Interest Rates — Says Treasury Sell-Off May Follow
As markets cheer Qatar’s massive $200 billion jet deal with Boeing Co. (NYSE:BA), economist Peter Schiff has a warning that has little to do with planes, and a lot more to do with America’s structural vulnerabilities. What Happened: On Wednesday, Schiff highlighted the potential financial fallout of Boeing’s mega deal with Qatar, which involves acquiring 160 jets for its state-owned carrier, Qatar Airways. While acknowledging that this was “great for Boeing,” which hit a one-year high following