According to investor and financial pundit Peter Schiff, the current financial crisis is eventually going to get worse than the crisis of 2008.
Schiff suggests that more banks are going to fail, which will lead to more government bailouts, which will make inflation even worse.
Listening to Schiff talk, you might get the sense that our current financial system is no stronger than a house of cards. NewsBusters reports: Economist Peter Schiff UNLOADS on Media Reluctance to Call Banking Turmoil a ‘Financial Crisis’ Economist Peter Schiff blasted the media aversion to acknowledging that the ongoing banking turmoil is in fact a […]
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