"Debt-financed consumption supported by inflated asset prices is what led to the financial crisis of 2008. It's amazing how willing we are to travel down that road again." - in Telegraph
Related ETFs: Financial Select Sector SPDR (XLF), SPDR Dow Jones Industrial Average ETF (DIA), SPDR SP 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.