at the idea that the HOUSING BUBBLE would burst and that we would have a recession.
Peter Schiff is almost laughed off the air when he predicts that the housing bubble will burst and banks will stop lending, pushing the US and World markets into a deep recession.
Tags: peter schiff, fannie mae/freddie mac, housing bubble, chris dodd, barney frank, recession, world recession, subprime, Franklin Raines, Jamie Gorelick, jim johnson
Marked as: featured
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