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Sunday, August 29, 2010

Peter Schiff - Bush Stimulus Caused Our Problems, Obama Stimulus is Making it Worse!

27th Aug 2010 - BBC Newsnight.
Peter Schiff and Laura Tyson Discuss the sad state of the US economy.

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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.