Peter Schiff: 8% 30-Year Treasury Yield Could Detonate a U.S. Debt Crisis!

Peter Schiff is sounding the alarm on U.S. sovereign debt, warning that a 30-year Treasury yield hitting 8% could be the trigger for a full-blown debt crisis — with the national debt now sitting above $39 trillion, the math on interest payments becomes catastrophic at that level. Schiff, a…