The Bigger the Bubble, the Smaller the Pin – Ep 773
The Peter Schiff Show Podcast
00:00
Stock Prices Going Down Is Good for the Economy
A lot of the debts that were incurred when ascet prices were rising end up getting defaulted on. A lot of people are not unemployed right now because they don't think they need jobs. But a lot of these people are going to have to be out in the work forus, looking for jobs. i think a lot of older investors got suckored into the bubble. They may get some of their money back suing robin hood, but if robin hood just files for bankruptcy, you can't get blood from a stone.
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