There are alot of people that have strong opinions on what will most likely happen in the World economy in the future, it seems everyone suddenly thinks they are an expert.
Most of these so-called experts never saw the economic collapse coming. One expert who fought defiantly against all the others in predicting exactly what has happened so far is Peter Schiff. Despite ridicule from other economic commentators he steadfastly stood by what he knew would happen.
Here is one such example, in December 2006 he takes on 4 other experts who derided him for predicting that housing prices would collapse in USA.
From: http://www.youtube.com/watch?v=EoB4BS7CGAw
I will try to track down other examples where he picked the collapse of Fanny and Freddy and other events, well in advance of them happening. He is clearly a guy that really understands the situation and has put his reputation on the line time and time again and been proven right.
The scariest thing is if he is right yet again on his current predictions, as it would mean the USD collapsing under hyperinflation and a great depression. He is not alone in these views.
Interested to hear from others and for people to post earlier predictions that he has made that have also been correct (or otherwise) and what he has predicted will happen that is still to occur.
Most of these so-called experts never saw the economic collapse coming. One expert who fought defiantly against all the others in predicting exactly what has happened so far is Peter Schiff. Despite ridicule from other economic commentators he steadfastly stood by what he knew would happen.
Here is one such example, in December 2006 he takes on 4 other experts who derided him for predicting that housing prices would collapse in USA.
From: http://www.youtube.com/watch?v=EoB4BS7CGAw
I will try to track down other examples where he picked the collapse of Fanny and Freddy and other events, well in advance of them happening. He is clearly a guy that really understands the situation and has put his reputation on the line time and time again and been proven right.
The scariest thing is if he is right yet again on his current predictions, as it would mean the USD collapsing under hyperinflation and a great depression. He is not alone in these views.
Interested to hear from others and for people to post earlier predictions that he has made that have also been correct (or otherwise) and what he has predicted will happen that is still to occur.
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