Gone Broke

The U.S. Debt Quandary

The above article could have been written by Peter Shiff. He;s been saying exactly that for several years now. Shiff is author of "Crash Proof." But Peter's been wrong too. He's been right about the "what will happen" but wrong about how it "will play out." Per Peter, the dollar should be collapsing now and foreign currencies and foreign stocks rising. But just the opposite is happening. The dollar is strengthening and foreign stocks are tanking just like ours.