Peter Schiff : "...all this economy can produce with record amount of stimulus is 8.2 percent unemployment , that's it that's the best we can do and we still have interest rates at zero we still have budget deficits greater than a trillion dollars ...and I have been saying for long time , I think this next round of stimulus is going to be the one that we overdose on ...this is the beginning of the real crash which again is the subject of my new book .....
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.
PETER SCHIFF
