Tuesday, June 30, 2015

Greece problem looks similar to USA problems with low interest rates

The reason Greece got themselves into such a big problem is because for years at artificially low interest rates. Well we've made the same problem, its just that our creditors haven't figured it out yet and so they are still willing to loan us money even though we cant pay any of it back.

[See Full video below]

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