These clips were filmed in 2006 and 2007.
Peter Schiff is a well known bear and economics advisor to Ron Paul.
I don’t need to mention Nouriel Roubini, known as Dr. Doom, an NYU professor of economics. I wish to make it clear that I don’t necessarily endorse Schiff or Roubini. I just wish to point out that they got this one right. I don’t know about any investment or economic advice from them.