Thursday, June 21, 2012

Peter Schiff predicts another economic crash within next 2 years

Peter Schiff is consistent, sharp, logical, very often brilliant, when confronted with leftists. Peter Shiff totally resembles the free market capitalism . Greece leaving the eurozone would be better. for one thing, as was mentioned, the debt is spreading from greece to Italy, and other nations. so staying in the eurozone is not only bringing greece down, but others with it. and the eurozone is actively preventing needed bankruptcies. the greek people want the banks to bust. some rich investors might suffer, but the economy will be able to finally recover. like in iceland.

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.

Popular Posts This Month