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The Crisis Is Imminent: “When The Real Crash Comes It Will Be Worse Than the Great Depression”

by Mac Slavo, SHTFPlan:

“The United States is like the Titanic, and I’m here with the lifeboat trying to get people to leave the ship… I see a real financial crisis coming for the United States.”

Peter Schiff
August 2006

In 2006, when he faced off with many well known Titans of investing and warned of an impending financial disaster and economic collapse, Peter Schiff was laughed at by his colleagues. He urged Americans to exit financial markets and take steps to protect themselves before the wealth held in their savings accounts, retirement investments and real estate was wiped out.

Few listened.

We know what happened next.

Now, those same financial experts who publicly vilified Schiff for his predictions six years ago are at it again. Many, including our politicians, central bankers and leading economists, have unequivocally stated that the worst is behind us, and that a global recovery is on the horizon.

Read More @ SHTFPlan.com

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1 comment to The Crisis Is Imminent: “When The Real Crash Comes It Will Be Worse Than the Great Depression”

  • Sergio of the Jungle

    If memory serves me correctly I can’t say that the many, including our politicians, central bankers and “leading” economists could ever be described as Mr. Schiff’s colleagues. They were leading alright, leading the sheep to slaughter and they’re shamelessly doing it again.

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