Peter Schiff Was Right: OH AND HAVE A HAPPY THANKSGIVING, everyone.
This is a set of clips of Peter Schiff from 2006 and 2007 basically talking about everything that has since come to pass with regard to our economy. Yes, he was right, and pretty much every other TV investment analyst was dead wrong. Things suck now.
While this can be a depressing clip though, take heart in the fact that Peter Schiff also predicted just today that your Thanksgiving Day meal will be the best one you've ever had.
However, that said, he also predicted the Turkey Buying Market was just a bubble that formed every year and advised us all not to pin our hopes of an economic recovery on endless turkey purchases. Fox News analysts disagreed though and suggested that turkey purchases will continue at the same pace, year round, almost indefinitely. The Fox analysts also went on to note their belief that clouds will listen to our prayers and rain gold if we just believe hard enough.
So there's that.
Gobble gobble.
Labels: Peter Schiff Economic Collapse Stock Market Crash Dollar Crisis Peak Oil
posted by The Crespo at 12:29 AM
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