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.
Charles Hugh Smith agrees.
3 comments:
We hardly read any Denninger these days from you, Sackers.
He's turned to calling for legal punishments - and I'm continuing to widen my reading!
Check out 'The Daily Show' for June 9. A good interview with Schiff, and some good clips with him.
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