Mar 6, 2015

The U.S. Economy Is Not Taking Off, It`s About To Crash Land!

The last time we had 2 months in a row where consumer spending went down, that was 6 years ago. 6 years ago! During the Great Recession, that is how long you have to go back, 6 years to find back-to-back monthly drops in consumer spending.

We keep getting economic data that we have not seen in this country since 2008/2009. That ought to clue you into something. That the economy is not about to take-off, its about to crash land!

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Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

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