Alex Jones talks with Peter Schiff about what he thinks is coming for America and what he feels will happen once this latest bubble bursts.
Schiff explains that, "there is a bigger disconnect now between what people expect to happen and what is going to happen, than anything I've seen, I think, in my career which is saying a lot."
And that, "I think people are more clueless today with respect to the true state of the US economy and what is lying right around the corner, than they were in 1999, and January 2000 rather, or January 2008."
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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