Thoughts on politics, religion, and the music of Frank Zappa
Peter Schiff, president of money manager Euro Pacific Capital, warns that after years of profligate spending, the "chickens are finally coming home to roost".
"Our whole phony standard of living is imploding," he said. "We have borrowed and spent ourselves into oblivion."
"It's amazing that people can't figure out that America is broke."
courtesy of reuters
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