Laugh.
Not behind his back either. Right to his face.
Peter Schiff is the president of Euro Pacific Capital and was Ron Paul's economic advisor during the election.
I have a clip below that shows other experts responding to Schiff's predictions. Their arrogance and rudeness is really off the chart.
Even more so when you consider, not that Schiff was right (hell, even I predicted the recession), but just how far off in la-la land the other experts were. They have absolutely no clue how the national economy works or why businesses succeed or fail. One guy predicts that house prices are going to go up by 10% in 2007 and one predicts that the stock market will hit 16,000 in 2008.
Not just wrong but hellawrong.
As for me, I'll take Peter Schiff over Ben Stein any day after watching this. Not that I would ever rudely laugh in Ben's face when he made his predictions. That's rude. I might ask Ben if Peter Schiff agrees with him though.
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