People laughed in 2006 when Peter said a collapse was coming. These were his words:
"Most of the profits that people have in real estate are going to vanish. Just like the profits from the dot-com bust back in 2000. It's a fantasy."
And now Peter Schiff warns,
"If history's any guide, you do get the civil unrest, you do get the riots and the looting."
Peter Schiff will be speaking in a few days at the CFA Institute Annual Conference 2009, Disney's Contemporary Resort, Orlando, Florida between April 26 and April 29, 2009.