Friday, June 12, 2009

Return of the spiv

Schiff's on a roll - read him. It's long, but worthwhile, epecially the predictive part at the end. An Eastern credit strike, a collapsing dollar, rapid inflation, price controls and the development of a black market.
Unless we bite the bullet and accept high interest rates and a further, bigger crash in house and share prices.


James Higham said...

We hardly read any Denninger these days from you, Sackers.

Sackerson said...

He's turned to calling for legal punishments - and I'm continuing to widen my reading!

Paddington said...

Check out 'The Daily Show' for June 9. A good interview with Schiff, and some good clips with him.