Peter Schiff nails the credit crunch

jako · #1 31.07.2009, 19:00

Not sure if this is a re-post, but nevertheless pretty interesting / entertaining.

http://37signals.com/svn/posts/1401-...goes-prescient

Swissmountainair · #2 31.07.2009, 19:28

Excellent stuff! This I am sure will become standard on any Investment 101 curiculum - avoiding herd mentality.

jacek · #3 31.07.2009, 19:34

Like they say "one in a million" had sensed inevitable to happen and all nailed in only 10min.

dino · #4 31.07.2009, 20:28

confirms my view that 8 in 10 folks in the financial industry are used car salesmen.

jako · #5 31.07.2009, 21:06

What are the two others then ?