Peter Schiff, the president of Euro Pacific Capital called the economic crisis dead-on a few years ago. FOX, CNN, and others dismissed him as a doomsayer and even laughed at him when he expressed his crisis views.
Well, here we are, EXACTLY where he said we would be. Now, he tells us what is coming in the future. When the government continues to pump money into a broken market, they are making the problem worse. I have already said that I will never forgive anyone who voted for the bailout or any of the subsequent add-ons to it.
We need recession. I did not know know that specifically, but I knew that we needed to let businesses fail. Someone would step in to pick up the pieces. Peter confirms it and explains WHY we need a recession. Great stuff. Why is he not a top economic advisor?
http://www.europac.net/media/Schiff-Bloomberg-10-28-08_lg.wmv
The revolution is at hand. Will you be a leader or a follower?
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