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Saturday, March 07, 2009

Canada's BNN welcomes back Peter Schiff. Awesome Interview 3/4/09

Peter explains what trends he saw that allowed him to predict that the U.S. economy was going to collapse. He says that by fleeing to "the safety of the dollar," the rest of the world is jumping out of the frying pan and into the fire."The U.S. is a subprime currency, it's going to collapse just like those mortgages did." He says that citizens around the world need protection from their own governments, who are stocking up on American dollars.

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