20 January 2012

Peter Schiff: U.S. Will Never Pay Off Debt

Posted by Brittany Stepniak - Friday, January 20th, 2012

See how one of America's most popular video bloggers, Peter Schiff – stock broker, economist and author – uses humor in a critical commentary of the U.S. government, debt, and China.

In his argument, he explains how foolish China was for lending to such a debt-ridden nation.

Does anyone truly believe we intend, and will succeed, in paying off our $15+ trillion in debt? Here's what would have to happen for that far-fetched fairytale to actually come to fruition...

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