Peter Schiff: US Lost Ability to Produce, Can’t Live Without Debt !

[youtube=http://www.youtube.com/watch?v=ekfkCXoWe60]

• Published on Oct 20, 2013           
  Addicted to debt, moving from one quick fix to the next — this is how the world sees America’s debt ceiling saga. With its craving only temporarily satisfied, we’re guaranteed to see a rerun of the debt tragicomedy in early 2014. Is it possible to break the vicious cycle, or is it a question of postponing the inevitable? To canvass these issues, Oksana is joined by ‘Dr Doom’ Peter Schiff, an investment broker who predicted the 2008 crisis.

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