Peter Schiff – Why the Meltdown Should Have Surprised No One

This is a lengthy article from Ludwig Von Mises Institute. It’s actually a transcription of Peter Schiff’s comments at the Austrian Scholars Conference. He covers a number of topics from the bubbles of the 90′s and the housing bubble to what happens next. It’s a sobering discussion and he challenges all conventional notions regarding stocks and real estate investing. Worth the read, and a more than a little scary.
-OMB