Note Well:
This blog is intended for rational audiences. Its contents are the personal opinions of its author. If you quote from this blog, which you
may do with attribution, please assume personal accountability for any consequences of mischaracterizing these expressed intentions.

Friday, November 21, 2008

He Nailed This One Like Nobody Else!

{link » Peter Schiff}
“Schiff points to the low savings rates of the United States as its worst malady, citing the transformation from being the world's largest creditor nation in the '70s to the largest debtor nation at the turn of 2000. His extremely bearish views on the U.S. Dollar, the United States stock market, bond market, and the United States economy have earned him the nickname Dr. Doom.”
Peter Schiff Was Right 2006 - 2007 (2nd Edition)

Whatever your point of view about our current economic woes, you owe it to yourself to watch the above video.

Far be it from me to advise President-elect Obama, but Peter Schiff would make a heck of a Treasury Secretary!

No comments:

Post a Comment