Famous financial forecaster Peter Schiff, CEO of Euro Pacific Capital, explains why Obama’s government will unleash an even bigger crisis than what Americans are currently experiencing. The problem, as he has stated repeatedly, is the overspending when the government is already deeply in debt. Peter Schiff has also stated repeatedly, that the solution is not for the government to intervene but to let the market run it’s own course and letting companies fail instead of having the government bailing them out time and time again.
People have began to take notice of Peter Schiff especially since last year 2008 where his predictions and forecasts unfolded in the form of economic crisis. The guy has been right time and time again. Fellow traders, do take note of what he has been saying all along!
