Saturday, December 13, 2008

Home prices may drop ANOTHER 30%

"We will never see these prices again in our lifetime, when you adjust for inflation," says Peter Schiff, president of investment firm Euro Pacific Capital of Darien, Conn. "These were lifetime peaks."
It is hard to say what is going to happen but what I DO know is that stupid bastards were laughing at Peter Schiff, because he was telling the truth about our finances back in 2006. (See the video here )

But now he says it is going to get worse and it will be DECADES before it gets better.
Scared? Me too!

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