Peter Schiff warns everyone that the us economy is in recession, soon it will turn into depression, and it's only going to get worse!<br /><br />Peter Schiff is the CEO of Euro Pacific Capital Inc, financial commentator, and radio personality. In August 2006, the stockbroker Declared: “The United States is like the Titanic and I am here with the lifeboat trying to get people to leave the ship ... I see a real financial crisis coming for the United States.” In later debates, he predicted crashing real estate prices in 2007 and a looming credit crunch.<br /><br /> Special thanks to:<br />Peter Schiff<br />https://www.youtube.com/channel/UCIju...<br /><br />DISCLAIMERS:<br /><br />This video is not financial advise. Please see a financial adviser to discuss your own personal situation.<br /><br />Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favour of fair use.