December 13, 2011

ECB `s Role In Eurozone Crisis

The fact that the ECB can refrain from monetizing all this debt, which is what everyone seems to want, is a good thing... that's the only way to force governments to actually cut spending. At least the ECB, Germany, understands what the stakes are. - in Yahoo Finance

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.