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Video Information
Added:
02-05-2009
Runtime:
3m 7s
Views:
1197
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Description
Peter Schiff explains how he knew the bubble would burst. This is the first installment of a 5-part series of Schiff on The Hour, termed "A Date with Dr. Doom"! The show by the Canadian Broadcasting Corporation is a loose equivalent of Jon Stewart. Broadcast March 16, 2009.
This is an excellent introduction to Austrian Economics.
There is no guessing, no theory, no hoping things will turn out for
the best. It is based on certain empirical truths. When you
artificial inflate the economy, it creates a bubble that is destined
to burst. There is no mystery.