I just read crash proof. I’m still digesting the info on the book. What Schiff says makes sense. But I can’t but see his arguments too simplistic. I think he is missing part of the picture. Some type of government bail out, maybe not from the US, but from the asian governments. If the value of the dollar colapses, the inflation will bring the fundamentals up dramatically. But interest rates will be so high that people with their $500k houses will be better off (if they locked their interest at 6%)
