PETER SCHIFF

PETER SCHIFF

Thursday, May 21, 2009

The American GDP is fake , it is 75% made of Consumption

Peter Schiff : We cannot replace foreign credit with more money printing , , The American market was one of the worst performers worldwide when we take into consideration the performances of foreign markets in dollar terms rather than in local currencies..
Peter Schiff Wall Street Unspun 20 may 2009

1 comment:

  1. I think the comments made by sir peter schiff are true though a bit harsh and hard to digest. American currency is not that powerful as it used to be earlier, I agree...

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