April 1, 2014

The Next Crisis Will Be Worse Than 2008

"The government policy that created the housing bubble that led to the financial crisis—those policies are not only still in effect, but they’ve grown in their strength. So the government is doing more of what it did to create that problem. So, unfortunately, the next crisis is going to be even worse than the one we experienced in 2008. In fact, it’s going to be several orders of magnitude worse. If you thought that 2008 was bad, you ain’t seen nothing yet." - in ETF.com

You can keep reading Peter Schiff`s market updates and commentary on this new website: Schiff On The Markets (click on the link or on the image below to access the new site)

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. Visit the new website Schiff On The Markets for exclusive content.
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