Peter SChiff – “On the Road to Argentina” on CNBC
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Great interview. A crisis of confidence is upon us. At some point in the next 0 – 18 months, foreign investors are going to start dumping US debt in droves. This will collapse our bond markets, probably along with our stock markets and the reality of what we have created over the last 30 years will set in.
It’s time to pay the price for the excesses of the last 3 decades. Unfortunately, we’re the lucky recipients of SHTF.
Mac