PeterSchiffIn place of our postponed interview with Tom Secker (reschuled for next week), we take the opportunity to share a classic lecture by Peter Schiff. In characteristically informative and entertaining style, Schiff explains how succeeding US governments set the stage for the 2008 Crash through years of economic mismanagement, and takes the listener on a fascinating journey through booms, busts and bailouts.

Whether or not you agree with all of his assessments, Peter Schiff's 2009 Henry Hazlitt Memorial Lecture at the Mises Institute in Alabama is a "must listen."

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Episode Notes

HQ (96kbps)

[NASDAQ, Wall Street, dot-com bubble, real estate bubble, Federal Reserve, Alan Greenspan, Ben Bernanke, Bill Clinton, George W. Bush, Barack Obama, Herbert Hoover, Franklin D. Roosevelt, Bernie Madoff, recession, Fannie Mae and Freddie Mac, Lehman Brothers, Morgan Stanley, Goldman Sachs, credit rating agencies, Triple A, moral hazard, bailout, credit crunch, inflation, hyperinflation, securitization, subprime mortgages, capitalism, free market, socialism, General Motors, China, Japan]



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