Does peter schiff have a realistic view of the economy?

I was just watching a news show on tv, and they had peter schiff on to talk about the economy. I thought he was so very negative, and I am wondering if most people agree that things have gotten that bad. Does he have a realistic view of the economy? I am trying to learn more about economics and the economy so that I can talk knowledgeably with other people when the subject comes up. I don’t want to be like my mom who tends to hear something and decide that is right and start espousing a view without researching it well.

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