March 14, 2012

We Are Going To Have Our Own Sovereign Debt Problems

We are going to have our own sovereign debt problems, when the dollar is plunging, bond prices are plunging, interest rates are rising, there are no more bailouts...the Government is either forced to default on its debt and restructure or the Fed prints the dollar into a bolivian.. But either way, there is going to be a huge crisis. - in LR

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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.