Last weekend, Peter Schiff spoke at the Vancouver Resource Investment Conference, hosted by Cambridge House International. Peter took the time to record an interview with Bridgette Anderson, talking about his most recent book, The Real Crash: America’s Coming Bankruptcy, and how to prepare for a sovereign debt crisis and currency collapse.
“I was afraid the government would respond to the financial crisis by doing more of the same policies that caused it, which is more deficit spending, more cheap money, more central banking and central planning. And as a result, I think the US economy is now poised for a much bigger collapse. I think what is coming is a sovereign debt crisis, and a currency crisis that will make the financial crisis of ’08 look like the proverbial Sunday school picnic. I think it that it’s going to be much worse than what Europe is going through.”