Thursday, May 9, 2002
Peter Schiff on Southland Today
Interview from May 9, 2002
Peter Schiff talks about in general about the economy after the dot com bubble (1998-2000) and predicts the poppig of the housing bubble and the coming meltdown of the mortgage market.
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The time to buy high yield bond funds was back in 2008 and 2009 not now. They were yielding more than 20% because their was an assumption of a 1930's like depression on the horzion of course that did not happen and the price of high yield bonds skyrocketed.
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