Em 2006, Peter Schiff previu a crise econômica atual e os demais comentaristas riram dele. E riram muito. Na Fox News (via Lew Rockwell):
Peter Schiff: It’s not wealth that’s increased in the last few years. We haven’t increased our productive capacity. All that’s increased is the paper values of our stocks and real estate. But that’s not real wealth… When you see the stock market come down and the real estate bubble burst all that phony wealth is gonna evaporate and all that’s going to be left is all the debt we’ve accumulated to foreigners. (August 28, 2006)