Peter Schiff Was Right 2006 - 2007

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PE Wire said (Nov 14),  this may just be the video of the year.



0:37 Recession will last for years, consumer will seize
1:20 Art Laffer being a tard
2:50 Home prices are unsustainable, In 2007 there will be credit problems
3:40 Schiff gets laughed at
4:00 Ben Stein says financials are best buy of his life
4:30 Schiff says this is just getting started
4:50 Party is over
6:00 Pundits say worse is behind us, financials cheap.
7:10 Schiff says STAY AWAY from financials
8:00 By the election we will be in a severe recession
9:30 Yeah, 2008 will be a big year, for loses.