The government will have to spend a lot less and so will individual households. We need a lot more savings; we need a lot more legitimate investment; more production; more exports. None of that is happening right now. We’re doing all the wrong things; we’re making all the underlying conditions worse. And the Fed stimulus is making it possible. - in Index Universe
Related: SPDR S&P 500 Index ETF (SPY)
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.
