"Say what you will about Peter Schiff â- self-promoter, etc. â but he nailed the current crisis first, best, and most lucidly. And, to his credit, he got out in public saying it over and over again, despite harsh skepticism sent his way. As PE Wire said this morning, this may just be the video of the year." <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/2I0QN-FYkpw&color1=0xb1b1b1&color2=0xcfcfcf&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/2I0QN-FYkpw&color1=0xb1b1b1&color2=0xcfcfcf&hl=en&fs=1" type="application/x-shockwave-flash" allowfullscreen="true" width="425"
(I must be low on paste, here's a link) http://paul.kedrosky.com/archives/2008/11/14/homage_to_peter.html
"...Debt-financed consumption..." "...recession should be embraced..." Well, here we are. Group hug time.
I must be low on paste, here's a link. http://paul.kedrosky.com/archives/2008/11/14/homage_to_peter.html