The Economic Paradigm shift explained – A Look into the Future
Peter Schiff takes on Nobel Prize winner Paul Krugman’s column in the New York Times in this little clip explaining why Krugman is wrong on China and the impact of a Chinese massive sell-off of US debt on the Dollar. This is a good example on the difference between a Keynesian view (Krugman) and the view held by the Austrian School of Economics (Schiff). For some fun on the difference between these schools of though, watch this rap video.
I’d love to see a debate between these two guys.
Johnny Mellgren is a Swedish entrepreneur with a keen interest in macro economics and macro politics. This is his web site where he blogs about the economic collapse of our time, what to do about it and the economic future we create together. Contact Johnny Mellgren.
I provide advice on investment portfolios for private and corporate clients. I also hold lectures in the history of money and the current economic collapse and how to protect your wealth in a time of transition.