February 2006 Peter Schiff U.S. Bubble Economy Part 2 of 5
December 17th, 2009
A speech by Peter Schiff on the US Bubble Economy, from a February 2006 Money Show appearance.
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yes
yes we are
Man, I wish George Carlin was still around watching everything unfold.
sory got 2 try DONT READ THIS Cause It Really Works. YOU WILL GET KISSED ON THE NEAREST POSSIBLE FRIDAY BY THE LOVE OF YOUR LIFE. TOMORROW WILL BE THE BEST DAY OF YOUR LIFE. HOWEVER IF YOU DONT POST THIS COMMENT TO AT LEAST 3 VIDEOS YOU WILL DIE WITHIN 2 DAYS. NOW UV STARTED READIN DIS DUNT STOP THIS IS SO SCARY. SEND THIS OVER TO 5 VIDEOS IN 143 MINUTES WHEN UR DONE PRESS F6 AND UR CRUSHES NAME WILL APPEAR ON THE SCREEN IN BIG LETTERS. THIS IS SO SCARY Cuz IT ACTUALLY WORKS THIS reaLLY WORKS
Public schools that teach “conventional or popular” wisdom (i.e. what the government wants people to know)
He called this 2 years ago. What’s wrong with this country? Are we stupid or what?
I’ve read his rhetoric. Preaches too much to the quire, not to anyone who doesn’t already know his beliefs.
lol i love peter schiff. Orange farmer wants to golf. Man, i love this guy
key in “Lyndon Larouche” in youtube.
RROOOOOOOOOOOOOOOOOOOOOFFFFFFFFLLLLLLLLL
so true. also check out lyndon larouche.
American gets a job of eating, lol. Hahahahahahaha. Sounds like a big scam, lol. Great joy and satisfaction of work, lol. Who the hell likes to work, lol???
LOL
CPI is not inflation minus food and energy. You need to do your homework.
Sorry but you don’t understand. Especially since you seem to thing the government GDP is a number worth quoting. CPI is inflation minus food and energy. GDP is everything minus the CPI number, the problem is GDP does have food and energy in it’s total. Clearly, were not getting the real GDP numbers. Also were a 70% retail based economy, so yes unemployment will sky rocket. During the depression it was the opposite. Food will go up do to the collapse of the dollar.
Please don’t overstate the problem for goodness sake. The great depression was only so severe and lasted so long because the New Deal (the most stupid one being the high tariffs on imports). As long as politicians take decent policies you’ll be alright. The USA deficit is still very small compared to its GDP, and you still have a lot of capital around (those factories and engineers haven’t just evaporate).
This guy is a prophet and like other prophets he will be ignored by the mainstream.
However, once the dam breaks they will wake up. This video will be studied in schools of finance for the next 30 years as a case study in how stupid we were.
This guy is a prophet and like other prophets he will be ignored by the mainstream.
However, once the dam breaks they will wake up. This video will be studied in schools of finance for the next 30 years as a case study in how stupid we were.
Seeing how right Schiff was, I still dont know who to laugh at…laugh at how right he is or laugh at Cramer, Kudlow, and Paulson who still say the “fundamentals” of the economy are strong.
I really would like to know just what these fundamentals are.
Man does he get it! I didn’t think it was possible to laugh at Armageddon, but I guess it is.
Wow, Peter Schiff GETS IT. The U.S. is heading into the most severe depression the world has ever seen. Imagine a society dependant on technology heading into a 20th century depression with 40% unemployment, hyper-inflation, food shortages, riots that dwarf LA 1992 and Katrina 2005. In fact take Katrina and times it by every major city in the United States. If you want to survive buy, gold, guns, and lots of food.