Peter Schiff said so....
Peter Schiff is a 44 year old economic analyst, the president of Euro Pacific Capital Inc. Schiff, has been a frequent guest of different TV Channel networks in the USA, most notably the Bloomberg TV , where his financial and economic predictions and in the last 3 years his warnings, earned him the nick name " Dr. Doom". Peter Schiff has been warning the economic establishment in the USA, of the irrecoverable hazards of the Bush/Chenney economic policies. Since 2006 he has been the only analyst that did see all this coming and was constantly laughed at by partisan analysts of different spectrum. Problem was, all those other analysts were blinded by politics, and so judged Peter Schiff and his predictions to have also been politically motivated, since he was an adviser of "Ron Paul". I leave a link here and look for yourself, how disrespectful and arrogant he was being treated, yet he was simply trying to tell the world how dangerous the world financial state actua...