Peter Schiff on CCTV BizAsiaAmerica ~ Debt Ceiling Proposal

 Republicans leaders met with president Obama on Thursday to start what could be the beginning of the negotiations needed to stop the government shutdown. To get more understanding on the issue Anchor Michelle Makori is joined by Steve Pruitt, Democratic Staff Director of the House Committee on the Budget; Managing Partner, and Peter Schiff, CEO and Chief Global Strategist at Euro Pacific Capital


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.