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Email this article: The Real Crash is coming, says Peter Schiff
Posted: Mon May 28, 2012 10:09 pm
INTERNATIONAL. "When the US governments delaying tactic, which involves continuous borrowing and money printing is no longer tenable, the dollar could collapse, interest rates and consumer prices could soar and the US economy could implode. That's the real crash that I was warning about, and the one we all need to be worried about now."
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KUWAIT. Kuwait has built up very large fiscal and external net asset positions over many years, which will continue to help it weather the current low oil price environment; The overall fiscal and external balance sheets will remain strong, backed by a significant stock of financial assets.
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