“The crisis is imminent,” Peter Schiff said. “I don’t think Obama is going
to finish his second term without the bottom dropping out. And stock
market investors are oblivious to the problems.”
“We’re broke," Schiff added. “We owe trillions. Look at our budget
deficit; look at the debt to GDP ratio, the unfunded liabilities. If we
were in the Eurozone, they would kick us out.”