General comments/chat, page-60

Disagree with that forecast, i'm backing Peter Schiff's view, this is going to hit the US HARD, worst than the GFC, the US bailed out the big banks back then, now they have to bail out everyone!

I'm not going to bother repeating his views, but go check out his youtube channel or podcast, the guy is never wrong . Maybe early in his predictions, but never wrong.

Consumer confidence won't return, it will be shot to shit!. No one will be spending, let me tell you that. Companies will be collapsing in the next 3 months due to cash flow issues, the majority of small to mid caps are relying or debt and raising capital to stay afloat.