Wednesday, March 6, 2013

Peter Schiff Economic Update Interview

We need to set the record straight here. The economy is not going to IS collapsing. We are not going to experience inflation...inflation is already HERE! What does a collapsing economy look like? Record foreclosures, record debt, record bankruptcies, record unemployment, tent cities, towns turning off their lights at night, no more space shuttle, etc, etc. THIS IS A COLLAPSING EMPIRE!!!

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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