Dr. Peter Navarro reacts to the SEC cracking down on individual investors and gives a dire warning that the U.S. is heading off the financial cliff due to permanent closing of small businesses due inaction by Nancy Pelosi and Mitch McConnell.

“What we have now is a sea change of what stock prices mean,” Navarro said. “They mean nothing other than this: we have infused so much money into the financial system that interest rates have indeed been driven down to zero.”

“2021 is going to be the year of the big short,” he said. “This will collapse.”