Saturday, April 10, 2010

We Are worse than Greece - Peter Schiff

Peter Schiff on the Financial Sense News Hour April 3, 2010

The US dollar have benefited from the Greece crisis , but fundamentally we are way worse than Greece , the fact that Greece cannot print the Euro is a good thing says Peter Schiff
when somebody is insured he tends to over utilize the system , and by bring 32 more million people to the system we are running the risk to increase the cost when the economy is already in a bad shape...anybody with a brain will know that the debt is big that we are never going to pay it back Peter Schiff explains ...

Peter David Schiff, president of Euro-Pacific Capital, is a Connecticut-based brokerage firm have correctly predicted the U.S. stock-market collapse , the home mortgage meltdown and the credit crunch .
Peter Schiff discusses politics, world economies, and investment strategies and is now running for a Senate Seat in his native Connecticut , Peter Schiff is Author of the Best Seller Crash Proof How to Profit From the Coming Economic Collapse

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