The popular saying, “Hard times create strong men, strong men create good times, and good times create weak men, who then create hard times,” is quite applicable to the current economic conditions of the United States. The economic prosperity, influence, and power that the United States enjoys today were courageously fought for by strong men with big visions. As is the natural progression, the weak men have now created hard times. There are even harder times ahead, says renowned stockbroker and financial commentator Peter Schiff. According to Schiff, the chief economist and global strategist of Euro Pacific Asset Management, the United States economy is currently in a recession and quickly heading for a multi-decade-long depression that will wipe away hundreds of billions of dollars almost overnight.
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Credit: Sachs Realty
U.S. Economic Crash Worse than 1929 - Peter Schiff Issues Warning
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