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America On Board for ‘Financial Train Wreck’, Economist Warns

May 2, 2012
Newsmax Wires

Sometimes we come across a video that we simply can’t distill into appropriate words. This is one of them.

Vodpod videos no longer available.

Whether or not you agree with Peter Schiff, CEO and chief global strategist of Euro Pacific Capital, one thing is beyond dispute: Those whom we have trusted to fix our economy have failed.

Instead of making tough decisions to get America back on track, the “yes men” in Washington have only continued to placate donors and implement short-term fixes that will hedge their re-election efforts.

By now it should be clear that the “recovery” won’t happen. All these short-term fixes will come back to haunt us.

And when they do, as prophetic economist Bob Wiedemer boldly states, “[The] money from heaven will be the path to hell.”

And now… the rest of the story. …..

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