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
Related, ProShares UltraShort 20+ Year Treasuries ETF (TBT), iShares Barclays 20+ Yr Treasury Bond ETF (TLT)
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.
The Euro Can`t Survive As We Know It
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"I hope the euro survives. We need something to compete with the dollar,
which is a terribly flawed currency now. I don’t see how the euro can
survive as w...
21 hours ago