Tag Archive for Peter Schiff

recession will be worse than the Obama recovery (Video Report)

from youtube uploaded by RTAmerica

Published on Jan 31, 2013

During the 2012 Presidential election, President Obama boasted about the third quarter growth of the America’s GDP, but the fourth quarter is a completely different story. The country experienced a decline in GDP in the last quarter for the first time since 2009 and many critics believe that somehow the Obama administration manipulated the data to come out victorious in the November election. Peter Schiff, president of Euro Pacific Capital, gives us his take on how the government could have played with numbers.