Do you know about - Young Peter Schiff Discusses the Tech Bubble in 2002
Federal Reserve Interest Rates ! Again, for I know. Ready to share new things that are useful. You and your friends. What I said. It is not outcome that the real about Federal Reserve Interest Rates . You look at this article for information about what you need to know is Federal Reserve Interest Rates .How is Young Peter Schiff Discusses the Tech Bubble in 2002
Young Peter Schiff Discusses the Tech Bubble in 2002 Video Clips. Duration : 9.48 Mins.We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . For the latest Peter Schiff, go to PeterSchiffBlog.com Everyone was happy during the 90's in the middle of the tech bubble. However, the market crashed in 2000, then September 11th occurred, and it has been bad news ever since then. The tech bubble of the 90's didn't reflect real growth. The numerical value of the stocks were certainly going up, but the underlying companies weren't making any money. Wall Street just wanted to keep the stock prices inflated so that they could make more money on their fees. The recession that we are currently in will be similar to the recession from 1966-1982. There are a few differences between now and then. Back then, the United States was the biggest creditor nation in the world. Now the United States is the biggest debtor nation. The economy was much more robust back then, and government was smaller. Interest rates are still low because there is buying pressure from other people around the world. Once that ends, interest rates will skyrocket. The dollar, which had a huge run during the 90's, will get hurt in the near future. The dollar will lose a lot of value. What the United States needs to do is to tear down some of their malls and turn them into factories. The people need to get away from consumption and to focus more on manufacturing. They would be dramatically better off in a few years. We are still looking for something to prick the bubble and to cause a major economic upheaval. It very well may be the dollar. The best course of ...
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