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Schiff Calls It Right

November 14, 2008 in economics by Hugh

Peter Schiff gets it right in 2006/07 about the US economy, and gets howled off the stage by the other “experts.” What’s funny is how sensible his arguments are (there is no real wealth in the US, no production, no savings; just foreign & consumer debt), and how they are totally dismissed by the rest of the panelists.

(Mind you he got his gold call wrong).

[via Derek Sivers]