June 8, 2011

The Stimulus Is Wearing Off And The Much Anticipated Hangover Is Starting To Set In

“The stimulus is wearing off and the much anticipated hangover is starting to set in. The economy is now in worse shape because the government stimulated it. The stimulus merely interfered with the corrective process.

So instead of resolving some of our economic imbalances, the government has made them worse. Now we are on the precipice of a bigger economic decline than the one the stimulus interrupted back in 2009.” - in King World News

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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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