Saturday, June 5, 2010

Peter Schiff Disagrees

Peter Schiff says there probably won’t be another market collapse like 2008. He says the government will print enough money to keep home values afloat, to keep bond prices high and interest rates low, to make sure investors don’t lose money.

I don’t think the government will be ABLE to prevent a collapse. I sincerely hope he is right actually. Soft landing and all that. But I doubt it.

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