Wednesday, May 13, 2009

It takes 41 000 years to count a Trillion Dollars

John Browne from Europacific capital and also a member of the British Parlement May 11 on Fox Business : The 7 trillions deficit is equals to Germany's GDP we will end up with Hyper Stagflation , counting one dollar at a second it will take 41 000 years to count one Trillion dollars !!!


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Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.