Wednesday, January 14, 2009

A perfect example of running with "blinders" on.

Over a year ago, Peter Schiff was telling the Wall street investors and the public at large that the American economy was in trouble.

And what did they do?

They laughed at him, made snide comments about his "crazy" ideas and dismissed him as a doom and gloom naysayer.

Who's laughing now?

Part 1.

Part 2.

What does this say about the credibility of these analysts?

Are they intentionally lying, or are they just incompetent?

Either way I wouldn't trust them with my money!


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