Peter Schiff seems to have it figured out. I know this is a long video, but it's amazing. It's like the guy was predicting the future. Pretty handy skill to have for a financial advisor.
Guess who he supported for president?
See this, as well.
As a side note, do you want to win Ben Stein's money? Apparently it's easier than it looked on the show. Just dangle some crappy financial stocks in front of him.
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Oh my gosh...this is great. I think it shows what a smart guy he is AND how the media bends things. They are actually laughing at him, but everything he said came true. Yeah, I hope no one went out and bought Merrill Lynch or WaMu after this conversation....
Hardly anyone tunes in to these shows to hear how bad everything is going to be. It doesn't really "sell" very well.
Good news and buy, buy, buy is much more exciting.
Something to remember in the future...
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