the main issue with Schiff seems to be that he hasn’t changed his tune — and it isn’t a pleasant tune to listen to. He thinks the “phony economy” of the U.S. is headed for even harder times. He believes that the crisis-fighting measures coming out of Washington are merely delaying the inevitable, debasing the dollar and loading future taxpayers with huge debts.
Peter Schiff is the author of Crash Proof: How to Profit from the Coming Economic Collapse. His new book Crash Proof 2.0: How to Profit from the Economic Collapse is due out in September.
Watch the smash YouTube video “Peter Schiff was Right” here.