Peter Schiff: People Still Don’t Understand What’s Happening Right Now

by | Mar 25, 2009 | Peter Schiff

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    Peter Schiff on MSNBC’s Morning Joe March 25, 2009 discusses the economic crisis and the politics of change.

    Nobody wants to be confronted with reality. The problem is people still don’t understand what’s happening right now. What we’re experiencing right now is not the problem. This is the consequence of the problem. The problem was back in 2005, 2006 and earlier when we were borrowing and spending that money, digging ourselves into this hole.

    The more the government interferes with the recession, the worse we’re making the problems.

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