Bob Chapman : Europe is in tough shape and it is not just the PIIGS

Bob Chapman's Friday Report: The Economic Point of No Return! - Alex Jones Tv

Alex Jones's regular Friday guest Bob Chapman, a former gold and silver market broker and the publisher of The International Forecaster.
Bob Chapman : Europe is in really tough shape and it is not just the PIIGS which you hear about the five nations that have fiscal and monetary problems it's also the people the countries the banks that bought the bonds , which they should have never bought in the first place and of course countries like Greece and Italy should have never been accepted into the Euro ....
Bob Chapman : it is wrong to have austerity and to increase taxes simultaneously , the best thing to doi is to have austerity and to cut taxes so that money will continue to flow into the economy so that you do not have a dangerous and rigid depression

Mr. Robert Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.

Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.