Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the cele domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/hughmcguire/hughmcguire.net/wp-includes/functions.php on line 6121
Schiff Calls It Right – Hugh McGuire Press "Enter" to skip to content

Schiff Calls It Right

Published 2008-11-14 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]

Read more posts about economics

One Comment

Comments are closed.