$BNB $ETH $BTC Will the virtual economy collapse?

According to PANews reports, economist and gold advocate Peter Schiff warned that restoring the real economy requires the collapse of the 'false economy', which will lead to significant financial losses for many. He also emphasized that alternatives are worse, as they will lead to currency devaluation.Schiff criticized government and Federal Reserve policies, especially after the 2008 financial crisis, and warned that today's debt-driven economic bubble is larger than ever. Schiff believes the current economic situation is more severe, with higher debt levels and a larger bubble, affecting more than just residential housing. He stated, 'Our current debt far exceeds that of 2008, the bubble is bigger, and we are on the verge of a larger economic crisis, and this time there may be no rescue measures.' Regarding the future, Schiff emphasized the need to let the 'false economy' collapse in order to return to a more stable system, acknowledging that this process will be painful.