The Man who Called it

Peter Schiff called it back in early 07. His outlook for us is not good. I makes me think of Greenspan's interview from earlier in the year where he said, we need to let the bottom fall out (which to him was tied directly to the housing market) and it the video from Barnett I recently posted (which was shot 5 years ago) in which he has America as a second tier citizen of the world compared to China.

This video is worth your time. But it's not pretty, and it's not what you want to hear.