May 7, 2010

We Have A Phony Economy Based On Consumption And Debt Financing

"We have a phony economy based on consumption and debt financing. We're facing a ticking time bomb that is going to explode in the next few years, which is why I need to be in the Senate."

in Waterbury Republican American

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

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