it's official: recession since dec 07, page-26

I have been following Peter Schiff, who has stated over and over again that america is broke and seems to have hit the nail on the head with many of his predictions. The only one hat has not come to fruition yet is the drop in the value of the US dollar and a spike in commodity prices. He is telling Americans get out of America and invest in Asia even Australia. Its so hard to tell when this will end when every month you have a new hand stretching out for a bailout.