Peter Schiff predicted the financial recession TWO years ago and received ridicule
Reagan’s economic advisor challenges Peter Schiff’s predictions.
If you liked this post, make sure you subscribe to my RSS feed or subscribe by email!
Related Posts:
- Inflation Nation and Weimar Republic discussed by Ron Paul Advisor Peter Schiff- News: Mortgage applications in the U.S. sink to eight-year low
- Give Your Graduate the Gift of a Financial Education
- Focus on Your Goals to Achieve Retirement Readiness
- Got ten years and $5000 per month to spare ? You could become a millionaire.
- Jim Cramer: Get out of the stock market if you need your assets in the next five years
- Financial Documents You Should Save
- Could consumer confidence affect lenders?
- 401(k) and Roth IRA Frequently Asked Questions
- What is the 4% Rule?
Private Investment Blog said
am October 5 2008 @ 1:06 am
True genius is never recognized during that person’s life - it is only when they are gone they are truly appreicated. Same could be said for this prediction.
stocks said
am October 5 2008 @ 8:18 pm
Through out the debate, we also heard that John McCain was also sounding the alarm 2 years ago..
I am a little surprised that it caught so many people off-guard considering what we went through with the dot-com bust in 2000. Surely there was no way for the market to sustain the rate of growth that it was achieving without some kind of kickback.. and boy did it ever kick back on everyone…
Nomi said
am October 8 2008 @ 12:19 pm
John McCain had also informed senate about congress and they did not responded at that time.
George said
am October 8 2008 @ 10:37 pm
It seems that no one wanted to hear it then because we were too busy enjoying the excess.
stock market said
am October 9 2008 @ 6:43 am
We have been telling our traders this has been coming for around the same amount of time. People are in shock because they wanted to believe in the great bull market of 2007 which was all smoke and mirrors.
Roger Hamilton said
am October 10 2008 @ 5:22 am
This happens all the time. When it truly turns into reality, that’s when we starting regretting.
Dog Bows said
am October 24 2008 @ 11:46 am
did he also predict oil would drop?