Video: Peter Schiff – Greece Should Have Been Allowed To Default

Economist Peter Schiff explains why Greece should have been allowed to default and not been bailed out, which will merely result in its debt being socialized and the people of Europe suffering while the underlying problem remains unchanged.

One thought on “Video: Peter Schiff – Greece Should Have Been Allowed To Default

  1. The European banks didn’t “guess” that they’d be bailed out. They CONTROL the government that runs the system because they OWN the Politicians and KNOW the people will be FORCED to bail the banks out AGAIN!

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