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Peter Schiff, author of Crash Proof: How to Profit from the Coming Economic Collapse, speaks with Justin Fox from TIME about how he, more or less, predicted the recession in which we're currently suffering, and got mocked for it. His book, published in February of 2007, scored him interviews on high-profile financial talkshows on CNBC and Fox, where he was mocked and dismissed by other commentators as being pessimistic and a bit crazy. Looks who's laughing now.

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Have any comments or questions about our Thursday video editions of IMPO Insider? Or do you have a video you'd like to see featured in one of our deployments? Email me at Joel.Hans@advantagemedia.com.

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