Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “Dr. Doom”

Worse Than Great Depression

We’re on the cusp of a massive housing market bust that could be worse than the Great Depression. That’s the assessment of Peter Schiff, who earned the sobriquet of “Dr. Doom” after he accurately forecast the 2008 stock market bubble.

Here Schiff discusses the dire state of the U.S. economy and explains how the federal government created a massive housing market bubble that they can’t fix, nor do they want to even try. Schiff is interviewed by Todd Sachs from Sachs Realty.

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