Monday, November 24, 2008

'Crisis Only Just Beginning': Right About the Crash, Peter Schiff Sees More Pain Ahead:

Technology stock picks & industry news: Tech Ticker, Yahoo! Finance: "There's a popular YouTube clip called 'Peter Schiff Was Right' that shows the president of Euro Pacific Capital engaged in on-air debates with financial luminaries such as Art Laffer and Ben Stein, circa 2006-07....

There's a popular YouTube clip called "Peter Schiff Was Right" that shows the president of Euro Pacific Capital engaged in on-air debates with financial luminaries such as Art Laffer and Ben Stein, circa 2006-07.

The clips show the wisdom of Schiff's dire forecasts — and, judging from the dismissive reactions, just how far he was outside the mainstream.

Ben Stein publicly apologized to Schiff in a New York Times column, but Laffer refuses to admit defeat, recently telling Bill Maher his economic forecasts have a statute of limitations of just nine months..."

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