Tuesday, June 15, 2010

Housing Crash Was Not a Surprise

In 2006 I began saying that a housing crash was coming and I predicted it would be apparent by December 2007. I explained to many people the underlying reasons for this crash and that the inverted yield curve that existed would then take out the stock market. I have said many times that Bernake, Paulson and Greenspan had to know in advance.

Well, here comes a report about another country's central bank being aware in advance and hiding the information. Central Bank Fraud. Now for your amusement go to YouTube and search for Peter Schiff and Ben Stein. Watch the video and be amused. Mr. Schiff saw it coming and was ridiculed for suggesting such a thing.

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