"Crash Proof" by Peter Schiff

edited October 2007 in The Economy
Peter Schiff; Crash Proof - This book is getting attention lately. Perhaps it would be wise to take heed?

"We borrowed trillions of dollars to remodel our kitchens, buy SUVs and plasma TVs, and there are consequences. We are in serious trouble. The piper has to be paid." – Peter Schiff

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Comments

  • Started reading the book over the weekend. If nothing else I would recommend reading chapter six "They Burst Bubbles Don't They?: The Coming Real Estate Debacle". Many sections of this chapter read like they are direct quotes from housing bubble blogs. It's amazing.
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