“Following in our footsteps off the edge of an economic cliff would be a huge mistake. Europe is already making their share of mistakes as no nation should get a bailout. Debt should be restructured with bondholders taking the hits. Also government spending and borrowing should be reduced.”
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.