Peter Schiff : we do not have the resources to fight a war , we barely can afford peace although we do not actually have that either right now , the real crisis will come when the world is fleeing the dollar not embracing it , right now with bad as it is the dollar is actually going up , treasuries are going up , people are buying dollars and treasuries as they sell stocks , when the real crisis happens they are going to be selling dollars and treasuries that's the real crisis , then the dollar plunges then interest rates go up and then prices go through the roof and that's what's really going to turn this into a crisis it is going to be an inflationary depression ....
THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
PETER SCHIFF

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Who are we paying the 17 Billion Bonds due this month that is really causing the melt down QE3 will do nothing with out payment.
ReplyDeleteWho owns the mortgage title it's not the banks and not electronic mortgage corporation.
ReplyDeleteAMERICANS ARE THE STUPIDEST MORONS IN THE WORLD AND DESERVE WHAT THE GET
ReplyDelete