Peter Schiff: “U.S. is In Worse Shape Than Europe”


Mark Matheny
Sic Sempter Tyrannis
January 21, 2012

Peter Schiff appeared on Fox Business January 17, 2012 arguing that U.S. debt is out of control, and the situation in the U.S. is much worse than that of Europe.

Peter Schiff was one of the few economists who warned of the crisis that hit in 2008. His warnings were ignored, and even scoffed at as far back as 2006. It seems that his cries of another greater collapse coming may once again go unheaded.


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