Dr. Doom

February 11, 2010Jon Brooks Comments Off

Peter Schiff is the president of Euro Pacific Capital, a former adviser to Ron Paul’s presidential campaign, a libertarian financial pundit, and a current candidate for the Connecticut Senate seat held by the retiring Christopher Dodd.

He’s also a bit of a downer, as can be seen in his video blog from last week, in which he says the U.S. is in much worse shape than financially struggling Greece, that our sovereign debt should be downgraded, and that the dollar is due for an inevitable plunge.

Schiff often gets credit for being one of the prognosticators who called the 2008 financial collapse. However, the financial writer Eric Tyson blogged that many of Schiff’s predictions have been wrong, and that his clients have lost money. Schiff has responded to his critics–and there are more than one–in kind.

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