Nov 25
Peter Schiff predicts the 2008 Economic Crisis
Posted on Tuesday, November 25, 2008 in Uncategorized
“This is an astonishing compilation of clips. It just keeps getting more outrageous as it goes along. Every time Schiff says something sensible, the pundits surrounding him snort and howl.”
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Friday, December 19 11:24 pm
Great video clip. Schiff was a little early with his prediction back in 2006. But I will give him a pass. All the purported Wall Street “experts” couldn’t be bothered long enough to notice that Bernie Madoff had one massive ponzi scheme for years. Dow 16,000? Buy WaMu? These guys need to understand GDP and some basic economics and accounting. Assets – liabilities = net worth. Well, enough rambling.
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