Peter D. Schiff, president of Euro-Pacific Capital, a Connecticut-based brokerage who correctly foresaw the U.S. stock-market slide, the home mortgage meltdown and the credit crunch
Peter Schiff discusses politics, world economies, and investment strategies , Peter Schiff is Author of the Best Seller Crash Proof How to Profit From the Coming Economic Collapse
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Peter Schiff economy economic collapse crash gold silver oil bubble doom inflation depression recession rogers faber ron paul ben bernanke euro dollar Hang Sang NYSE nasdaq currency crisis stagflation commodities bear bull market Roubini
Peter talks a lot about importance of reducing government’s involvement in the marketplace in order for the US economy to recover; yet he praises the state of Chinese economy which, last time I checked, considered to be a command economy! Doesn’t Peter Shchiff contradict himself? Doesn’t this fact prove that the arguments for or against supremacy of one economic model vs. the other (e.g. Free Market vs. Command economy) is pure nonsense. I think the quality of management and leadership among the government officials is the key to success regardless of economic model.
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