The whole economy is nothing but a bubble. We did not have a legitimate economic recovery, we just had a bubble and te bubble needs to be pricked. But if you look at all the forward economic indicators, they are all flashing recession. The only one that is not is the Unemployment Rate which is a lagging indicator.
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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- Corporate Profits Are Declining
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