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Saturday, January 24, 2009

There will not be a recession, flashback to 2006/2007



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It was all so funny a few years ago and Fox News laughed and laughed at Peter Schiff. How on earth could the best economy ever experience problems? Agree or disagree with Schiff's other ideas, but he called this economy and they laughed.

By the way, the "super bargain" that Ben Stein touted - Merrill Lynch - has fallen off a little since the timing of his promotion. At the time it was selling at $76.04 per share and it closed on Friday 23 January at $5.25. Nice "super bargain" there.


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