Tuesday, September 29, 2009

Bernanke was wrong while Peter Schiff was right

In the years preceding the 2008-2009 Depression both Peter Schiff and Ben Bernanke were making statements about the housing bubble and the status of the economy. Let's compare them and see who was right and who was... very wrong.

Now Bernanke tells us thet he "saved the world" and that the Depression is over. Should we listen to him?
Labels:Peter Schiff ,Ron Paul






Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.


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