‘Our entire phony economy is collapsing around us’

Author: markw  //  Category: Economy, Video

Euro Pacific Capital’s Peter Schiff on Fast Money, November 20, 2008. “Capitulation is probably the most over utilized word on CNBC. I hear it every day for months. I think capitulation, if we get it, is years away. Our markets are going lower. This isn’t just a financial crises, this is an economic collapse.”

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