Here is Peter Schiff and Professor James Galbraith debating about our Federal debt and interest rates going forward.
- James Galbraith: "The United States Government does not have and is not going to have a problem financing its public expenditures and its deficits. It's simply not an issue that should be on our list of things that we really care about right now".
- Peter Schiff: "The US Government is making the same mistakes that sub-prime borrowers did when they were using teaser rates on their mortgages".
