Peter Schiff was the keynote speaker at the annual Austrian Scholars Conference at the Ludwig von Mises Institute in Auburn, Alabama:
"It is rare that I have the blessing of uninterrupted time to explain why we have arrived in our current state of affairs, and how we can get out of it.
Such an opportunity presented itself this past weekend when I was asked to deliver the keynote speech at the annual Austrian Scholars Conference at the Ludwig von Mises Institute in Auburn, Alabama. The Institute is one of the premiere bastions of the type of free market economic thinking that is widely known as the 'Austrian School.' Fortunately, in addition to warm southern hospitality, the Institute also provided top-rate audio-visual equipment to record the event. (In stark contrast to the gear that I have been using for my daily video blog - don't worry, we're working on it.) Better still, they have graciously posted the material on their daily blog:
In the talk I provide a detailed overview of how the bubbles in both tech stocks and real estate were extremely easy to foresee and how government policy played such a large role in creating and nourishing the bubbles as they grew. I also spend a great deal of time analyzing why mainstream economists still do not understand the fundamentals of our current crisis, and how the government's misguided stimulus and bailout policies are sowing the seeds for economic devastation.
So if you have a free 75 minutes (no one has ever accused me of being short-winded), click on the above link to get some straight answers with no commercial or political interruptions."
Peter Schiff is the President and Chief Global Strategist of Euro Pacific Capital. As a result of his accurate forecasts on the U.S. stock market, economy, real estate, the mortgage meltdown, credit crunch, subprime debacle, commodities, gold and the dollar, he is becoming increasingly more renowned.
He has been quoted in many financial TV channels like CNBC, CNN, Fox News, Fox Business Network, and Bloomberg T.V.. In Peter Schiff`s blog you can track all his investment and trading ideas for 2009 as well as all his public appearances on TV, video or in the press.