Sunday, March 15, 2009

A Free Market take on the Crisis

If you're interested in the financial crisis and have time to listen to an hour-long talk, I highly recommend Peter Schiff's talk about the dot-com and real estate bubbles, the financial mess, and how we're going to screw the Chinese (and other foreign Treasury debt-holders). Get the MP3 file here.

He's a compelling speaker-- funny and direct and good at cutting through the bullshit and laying out the radically free-market, "stop bailing out Big Business, just let them fail" position. I don't agree with everything he says, but I agree with most of it, and his opinion about what's going to happen to the US economy over the next few years is making me rethink my own personal investment strategies.

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