Monday, September 29, 2008
interesting financial videos
In the midst of all this hullabaloo about the economy, Mike wanted to know more about what was going on and he came across a youtube video that did a lot of big picture explaining. If you go to youtube and search for Peter Schiff there are interesting videos of his (from a 2006 banking conference -- 8 segments long -- or try http://www.youtube.com/watch?v=6G3Qefbt0n4&feature=user). He is called Mr. Doom but from the sounds of it he has been right on about a lot of stuff (eg. Fannie Mae and Freddie Mac going down). Even if the doom doesn't happen, Mike said that it is a good big picture talk anyway. I watched the first segment and it is very interesting and he is rather amusing at times, too. Happy watching!
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