THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
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Peter Schiff on CNBC The Doomsday Trade Peter Schiff was tonight on CNBC , talking about what the anchor called doomsday trade , Peter says...
I'm currently living in Brazil and in many aspects the brazilian government holds the same speech that the american goverment holds. The worst has already gone by.
ReplyDeleteSomething interesting though, I have a large group of chinese investors turning their attention to Brazil; and to a extent that has caught me by surprise. I was thinking Asia. Are they thinking developing countries? Argentina, Chile...
That's what's so annoying....obama bernanke geithner all describe what are the true issues...but do the opposite. great vlog. they're always insanely insightful. thank you for taking the time to educate our frustrations.
ReplyDeleteI'm sure Peter Schiff doesn't expect Obama to institute policies that would lead to the "right" economic foundation.
ReplyDeleteBarack Obama is very astute. He uses words like "solid foundation" and "phony economy" because he knows that will give him more credence. It's much easier to accept someone's solution when that person so wisely points out the failings of the past. After all, a potential investor might wonder, how can someone be so right and so wrong at the same time???
If Barack Obama TRULY understood the reasons that lead to our economic situation his solutions would, most definitely, be diametrically opposite.
How this bet with Laffer ended?
ReplyDeletethat for one cent...