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Re: Lynxrulesss post# 62544

Wednesday, 11/28/2007 7:12:58 PM

Wednesday, November 28, 2007 7:12:58 PM

Post# of 95046
Peter Schiff agrees!! We are in for a long, bumpy, nasty little ride in these markets and the overall economy.

The economic tipping point for the United States is no longer theoretical. It is a reality today. The country has gone from the world’s largest creditor to its greatest debtor; the value of the dollar is sinking; domestic manufacturing is winding down–and these trends don’t seem to be slowing. Peter Schiff casts a sharp, clear-sighted eye on these factors and explains what the possible effects may be and how investors can protect themselves. For more than a decade, Schiff has not only observed the U.S. economy, but also helped his clients reposition their portfolios to reflect his outlook. What he sees is a nation facing an economic storm brought on by growing federal, personal, and corporate debt, too-little savings, a declining dollar, and lack of domestic manufacturing.

http://www.europac.net/video.asp