May 12, 2011

Artificial Booms & The Inevitable Busts

“Everytime the government stimulates the economy with artificial boom to postpone the pain, they make the inevitable bust that much worse. I think we have come to a point now that there is no stimulus that would work. We are already in an overdose.” - in RT

Related ETFs: ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT), SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS)

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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