Dr. James Galbraith believes US debt levels are the subject of "fear-monguering", and "capital markets are not worried." Peter Schiff believes the debt levels will lead to "disaster."
Schiff correctly called the subprime mortgage crisis and housing bubble 5 years ago. Galbraith teaches business students. You be the judge.
http://www.youtube.com/watch?v=fZrWoZiB9HY
Thursday, April 29, 2010
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