Thursday, December 16, 2010

Peter Schiff : Greece Riots will happen in America

Peter Schiff on FOX Business News 12/16/10

Peter Schiff What is happening in Greece will happen in America
Larry Kotlikov of Boston University calculated that the United States total debt is $202 trillion.Social wealth-fare States is collapsing one by one. And they are trying to fix it with more socialism, central economic planning, bailouts, regulations, more debts, spending stimulus,

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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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