Peter Schiff appeared on Fox Business January 17, 2012 arguing that USZ debt is out of control, and the situation in the USZ is much worse than that of Europe. Peter Schiff was one of the few economists who warned of the crisis that hit in 2008. His warnings were ignored, and even scoffed at as far back as 2006. It seems that his cries of another greater collapse coming may once again go unheaded.
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