In his latest appearance on InfoWars with Alex Jones, Peter Schiff discussed the Friday jobs report numbers. Peter explains why he thinks the United States could be facing an official recession if third quarter GDP growth turns out to be negative. Peter and Alex also discussed how the world is losing its confidence in American stability and its paper money.

The next time the dollar goes down, it's not going to have any friends. No one is going to be buying it. Nobody is going to fight that currency war again. America is going to lose that war. And anybody that owns the US dollar is going to lose that war…”

Click here to watch Peter's complete analysis of Friday's economic data in his latest Schiff Report.

Highlights from the interview: