IndiaSphere

Peter Schiff (Author of The Little Book of Bull Moves in Bear Markets) is an analyst of markets whose “negative” views two years ago – I completely agreed with! I thought he was perfectly right. Somehow people did not believe him or me at that time. Now most do.
Schiff is coming out with a new book – which I will review later – but here is an interesting and topical article from him for the readers:
More than just a mere liquidity or credit crisis, the current financial storm represents the death throes of the old global economic order, and perhaps the birth pains of a new one. The sun is setting on the borrow and spend culture that has defined us for a generation. Our long ride on the global gravy train is finally coming to an end, and once it does nothing will be ... [Follow Original Article link for full content.]