PETER SCHIFF

PETER SCHIFF

Thursday, October 24, 2013

America Imports Valuable Consumer Goods And Exports Debt




We don`t have a balanced trading relationship. America imports all sorts of goods, valuable consumer goods and resources and we export debt, we export paper, inflation.

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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