Tuesday, April 28, 2015

Financial crisis will come to us

People think the financial crisis is in our past. It is not. It is in our future. That was the overture to the opera, the beginning. This thing is far from over. It is the people who didn't understand that crisis that are the ones who think we have solved the problem. They never understood the problem in the first place, which is why they were so blindsided by the '08 financial crisis. I understood the problem. That is why I was warning about it for years and that is why I understand that the problem has only been made worse by the very people and institutions that caused it in the first place.

Peter Schiff is a smart investor and author of several best selling books. He correctly predicted the economic meltdown of 2008 - 2009