Does the Crisis mean a failure of the “free market”?

Many experts and economists say, that the financial crisis proved that the “free market” is not so efficient as everyone thought and that there should be more regulations to ensure stability of the economy. They say the market can’t be left alone and that the 2008 crisis means a “failure” of the market. You have [...]

Peter Schiff predicting the crisis in 2006

The first question that many people ask is - could this crisis be predicted? The answer is yes and no. No - you couldn’t predict the exact moment of the beginning of the crisis. Nobody could rationally expect the crash in the particular day or even month. But yes - you could have expected the crisis [...]