Jan 15, 2009

Four years ago Peter Schiff was raining on the parade by warning people of the economic consequences of the housing bubble. "Experts" called him Dr. Doom. Few took him seriously. Now there are 88,000 articles on Google that tell us "Peter Schiff was right."

One would think that the Obama team would want to get his opinion or perhaps put him on the economic team. Instead, Schiff's critics--who were wrong in the past--are now Obama's consultants. And these same experts, Schiff says, are wrong again as to the solution to the problem.

Here is an interesting 11-minute video interview with Peter Schiff, who tells us his view of what is coming insofar as the economy is concerned:

http://www.youtube.com/watch?v=9h2x7R8pxUs