FINANCIAL EXPERTS ARE SPEAKING loud and clear. “The dollar is a doomed currency, thanks to Washington,” well-known investor Jim Rogers said on Nov. 25. Peter Schiff, president of Euro Pacific Capital and adviser for Ron Paul’s 2008 GOP primary campaign, took it one step further.
“This is just not a financial crisis. This is an economic collapse. Our entire phony economy is collapsing around us. There is nothing the government can do to stop it. They should just get out of the way and let it happen.”
David Tobin of Mission Capital Advisers agrees, stating on November 24, “The banking system is bankrupt.”