Saw Peter Schiff Speak Last Night

[Mark Fitzpatrick]

Schiff is one bright dude (he predicted the real estate crash), and he doesn't paint a rosy picture of our economic future - unless the government drastically changes course from it's borrow/spending binge in the near future.

Unless the government hugely slashes spending and raises interest rates, he sees a dollar crash and US sovereign debt crisis in the coming years. The result will significantly higher prices on everything, a lower standard of living, and a much worse employment situation. Not pretty.

Anybody else happen to attend?