The fundamentals of the U.S. economy are much worse than they were when the FED began QE1. And you still have this idea that the FED can remove these supports and that the economy can somehow continue expanding on its own. It can`t. It is all a function of all that cheap money and artificially low interest rates that come with it.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Dec 14, 2013
Dec 13, 2013
The Potential Growth In Asian Capital Markets
I do think that Asia, so Hong Kong, Shanghai, I think those center are going to grow in influence over time as more and more wealth is created in Asia, as more savings are accumulated that need to be invested. I think, the capital markets will grow in those regions. Right now, a lot of it is outsourced to places like London and New York but I think over time they will do more of that in-house.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Dec 12, 2013
Video: Economics, Politics & Monetary Policy
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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