Ron Paul economic advisor Peter Schiff uses analogies to describe our current economic crisis. Topics include debt-financed consumption, business cycles, the Federal Reserve, the cronies in Washington, and the modern American service economy.
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One Response to “Peter Schiff Analogies on the Economy”
January 1st, 2009 at 11:27 pm
This reminds me of Warren Buffet’s Squanderville versus Thriftville:
http://money.cnn.com/magazines/fortune/fortune_archive/2003/11/10/352872/index.htm