Posts Tagged ‘bailouts’

Why the Meltdown Should Have Surprised No One

Peter Schiff is Ron Paul’s economic advisor. This video is an hour and 16 minutes and well worth watching if you want a common sense economic lesson.

There are some great things in the video, especially around the 40-45 minute mark and then the last 20 minutes.  It seems like he’s talking without using any notes and it’s just a brilliant explanation of economics and why government spending isn’t going to work this time.