Peter Schiff was LAUGHED AT in 2006 when he tried to explain that we would soon face an upcoming mortgage crisis and the reasons for it, then he was scoffed at when he warned of the credit crunch and the food crisis, now he is called a "prophet" by some. Oh, and he is called the economic advisor to the Ron Paul presidential campaign! What an honest, intelligent economist. Great man to have on your team!

By the way, in that second video, the begining comments regarding food prices, etc., was made in 2002!

"He who laughs last ..." and Peter Schiff definitely deserves the last laugh at those two goofs who know nothing about their subject.

Jack asses