Tracking Peter Schiff and The Libertarian Austrian school of economics
Tuesday, January 24, 2012
Peter Schiff : Americans Jobs have left for China
Peter Schiff : it is impossible for Americans to compete right now because we are in such a competitive disadvantage because of all the government that we have ....what we really need are skills on the job place not worthless degrees says Peter Schiff ...this whole phony american economy will eventually come to an end , sometime this phony economy where we spend borrowed money is going to implode
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.