Sep 2, 2009
What’s wrong with US fiscal policy?
This ‘interview’ with Peter Schiff is a blatant advertisement of his run for office. Regardless he makes some good points about the real and pending danger of hyper-inflation. Shame about his right-of-centre Republican nature.
Also worth a look was Mark Faber’s interview on Lateline Business this week where he talked about the length and depth of the financial issues ahead of us, despite the rally. Particularly noteworthy, was his comment that Australia’s economy should be relatively robust, with the main bubble waiting to pop in real estate.
