Why the recession occurred – should we be surprised?

Shopuld we have been surprised at the recent collapse of the financial sector?

In this viedo Peter Schiff (president of Euro Pacific Capital) explains what has happened.

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Here he is in 2007 predicting the recession

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  1. Our country had been so much affected by this Economic Recession. there are lots of job cuts and company shutdowns. We are seeing some signs of economic recovery right now and we hope that it would continue.
    :

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    CameronDz
    December 29th, 2009
  2. I think we are also seeing some signs of recovery from the Economic Recession. Of course, we have no idea of how long it will take to completely recover, but some say it’s going to be longer than for the other recessions in decades. I also scanned an article yesterday that said business owners need a new set of tactics to do well during recovery.

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    | Acneguy
    January 5th, 2010

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