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June 11, 2013

It's Amazing How Willing We Are To Travel Down That Road Again

"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.
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