Tuesday, January 17, 2012

Peter Schiff : America In Worse Shape Than Europe

Peter Schiff : the situation is worse in America than what it is in Europe , we are able right now to benifit from the european problems because people are buying dollars because they are afraid of the debt in Europe even though the debt is bigger in here and we are making it even bigger ....

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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.