Rose-colored glasses

I probably wouldn’t agree with everything that Connecticut investment advisor Peter Schiff has to say about the economy, but it was eye-opening to watch this compilation video and see how right he was – and how foolish the pie-in-the-sky predictions of his fellow panelists in the 2006-2008 period now seem to us.

Was it really that hard to see that the foundation of our recent prosperity was no real foundation at all?  The lesson of the Bible is true: the borrower is servant to the lender!

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