Peter Schiff: Wall Street's rising back thanks to the taxpayers

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Mar. 01, 2013


As the US economy continues to struggle, Wall Street is recovering quite nicely. Back in 2008 the markets crashed and taxpayers were used to prop up the private financial sector. But according to the numbers, 2012 has become the second best year for profits for many key financial institutions. Many are now wondering if the banks should be forced to pay back the tax payers. Peter Schiff, president of Euro Pacific Capital, joins RT's Liz Wahl to discuss.







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