Peter Schiff, Vindicated

November 26th, 2008 7:01 pm  |  by Mike Miller  |  Published in Banking, Big Government, Debt, Economics, FOX news, Federal Reserve, Investing, Liberty, Media, Money, Peter Schiff, Politics, Taxes, government spending, inflation, national debt  |  2 Responses

As we’ve mentioned quite a few times here at Liberty Maven, Peter Schiff is one, along with Ron Paul and other Austrian Economists, who accurately predicted the current economic crisis years ago.  Here’s an amusing little video made up of video clips from 2006 and 2007 in which Peter Schiff makes his dire predictions and warns people away from stocks (especially bank stocks) while people like Arthur Laffer and Ben Stein were lauding the “stable financials” and predicting a rise in housing prices and the DOW at 16,000 in 2008.  One even offered a BUY recommendation for Washington Mutual!

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  1. DoUfeelLukyPunk says:

    November 26th, 2008 at 8:32 pm (#)

    This Arthur Laffer, or should I say Laugher, must feel pretty good about himself now.

  2. PJM says:

    November 27th, 2008 at 2:03 pm (#)

    So what Schiff may have made some correct predictions but his investment recommendations are awful the last 2 years many of which are down 60-80%. If only he knew how to invest.

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