The unsustainable American way of life.

August 3rd, 2009 · 1 Comment · News

In his very latest video blog Peter Schiff talks about the falling US dollar and the economic recovery that is happening in other parts of the world particularly the Asian stock markets. The US dollar is taking a battering and has hit it’s lowest levels since September last year, with the amount of paper the US government [...]

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Rick Santelli and the now famous “Rant of the Year”

April 2nd, 2009 · 2 Comments · General

Rick Santelli speaks his mind on the current housing / stimulus policy. “The government is promoting bad behaviour” by handing out money to bail out people who can’t afford the homes they are in.  “Reward people who carry the water instead of drink the water”. Santelli calls it like is and you have to give the [...]

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Peter Schiff – More on the stimulus and the state of the US economy

March 26th, 2009 · No Comments · News

Peter Shiff claims this is only the start of the economic meltdown.  The next phase of the cycle is when the bond market implodes and the government has to raise interest rates. Hyper inflation is a very real possibility.

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