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Peter Schiff on FOX Business News 12/07/10

Peter Schiff on FOX Business News 12/07/10

Peter Schiff :"...unfortunately this is going to make the problems worse because yes we are cutting taxes but rather than funding the government through taxes we are gonna fund it through debt and the extra debt is going to undermine the economy more than lower taxes benefits , and of course a lot of that debt is going to be funded by the federal reserve monetizing debt that's why oil hit a two year high today , copper hit a record high you see commodity prices surging the CRB hit a new two year high so the cost of living is going to rise and that's going to hurt every American ......etc...

Jim Rogers Ireland is bankrupt

Dec. 7 2010 | Some countries in Western Europe are bankrupt or are having serious liquidity problems and they should be allowed to restructure their debt, famous investor Jim Rogers told CNBC Tuesday
Jim Rogers Ireland is bankrupt

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