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Peter Schiff is god of economics.
Good watch
I found that kind of funny for some reason."Der... I'm sorry?" "... I'm listening."
Where is Bear Stearns now? Lol.
"I don't think we've got ten more years!"Getting nervous yet Petey? :)
I think he might've meant until a great crash meaning what came to be in 2008.
GregoryPunzo No, he specifically said "dollar crisis". The dollar strengthened in 2008.
He didn't see the Eurozone crisis coming this soon.
LacusTheDestroyerHow the hell did the dollar "strengthen" in 2008 if it has less value and since has been inflated more than ever?
GregoryPunzoI'm referring to the dollar index, which was at about 76 at the beginning of 2008 and 84 at the end. It's around 79-80 today so the dollar has basically been flat.www.marketwatch.com/investing/index/dxy/charts
![Schiff Bloomberg 3-29-06 [Flashback]](http://i.ytimg.com/vi/cjE77XkkmMk/mqdefault.jpg)
Peter Schiff is god of economics.
Good watch
I found that kind of funny for some reason.
"Der... I'm sorry?"
"... I'm listening."
Where is Bear Stearns now? Lol.
"I don't think we've got ten more years!"
Getting nervous yet Petey? :)
I think he might've meant until a great crash meaning what came to be in 2008.
GregoryPunzo No, he specifically said "dollar crisis". The dollar strengthened in 2008.
He didn't see the Eurozone crisis coming this soon.
LacusTheDestroyer
How the hell did the dollar "strengthen" in 2008 if it has less value and since has been inflated more than ever?
GregoryPunzo
I'm referring to the dollar index, which was at about 76 at the beginning of 2008 and 84 at the end. It's around 79-80 today so the dollar has basically been flat.
www.marketwatch.com/investing/index/dxy/charts