Peter Schiff predicted the disaster called Obamanomics: "
Before the election Schiff said Democrats taking control of the house, makes matters worse. Obama’s policies will turn economic crisis into something similar to the great depression. During Obama’s term, there will be a major dollar crisis and run-away inflation. Obama will exasperate the problem delaying any meaningful recovery. More and bigger government and irresponsible policies. The government is worried about people going to the back and not having many there, I’m worried about people going to the bank, taking out there money, but they can’t buy anything. We are a republic, I like what the founding fathers created.
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