Tuesday, March 16, 2010

Peter Schiff Paul Krugman should return the Nobel Prize He is clueless

The Schiff Report on Dollar, Paul Krugman 16 Mar 2010

The US Dollar is getting ready for a long fall ,Paul Krugman should return the Nobel Prize he is completely clueless says Peter Schiff , The Chinese economy is based on production not on solely on exports , they have chosen to export part of their production , they can consume what they produce , we do not have China on a barrel , it is the other way around Peter Schiff explains , unlike what Paul Krugman and others believe , if the dollar collapses China will lose part of their assets but what about America , our wages are in dollars all we have is the dollar , China has the Yuan ....

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