"We consume too much, we borrow too much, we don`t produce enough and all this needs to change. We need to have a restructuring of the economy but the government is preventing that from happening. Instead we are just borrowing more money and we are just inflating a bigger bubble which eventually is going to burst and it will be even more disruptive when it does." - in CCTV
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.