The Nightmare Before Christmas
Economist Peter Schiff’s Timely commentary on the current financial crisis and what looms ahead.
Once the dollar begins to collapse beneath the weight of all this new deficit spending, accumulation of contingency liabilities, and the socialization of our economy, commodity prices and interest rates will head skyward. In addition, once all the going out of business sales at U.S. retailers are over, and excess inventories have been reduced, watch for big price increases at the consumer level as well.
http://caps.fool.com/blogs/viewpost.aspx?bpid=119092&t=01000420523245711617
The Republicans and Democrats have taken this country to the brink of financial collapse and they did it arm and arm. At this point they are just grasping at straws hoping that something they do fixes the problem. The truth is they are the problem.
