next collapse commercial realestate, growing unemployment, more government wasted money. ya things are looking real good to me. We probably can't even pay intrest on our debt. only our total GDP
Our economy is STILL 2/3 consumpiotn and 1/3 production. In the next few years our debt will equal at or above 50% of our GDP. There are still many people who are in ARM's and they'll be adjusting again soon and the commercial real estate market is about ready to tank as bad or worse as the recent residential crash.
live for today economy Ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
I truly believe that Shiff makes sense to me. His math and logic makes sense! As far as his political views and what he will be able to offer, I am not too sure?
"In the form of a second recession" Where on earth does she get her so-called facts from? What a joke. The Recession is not over. Period. The media are full of idiots.
I think what he wanted to say at the end was..."if you can't see that, THEN YOU ARE AN IDIOT!!!!!"
Schiff for Senate 2010!!!!!
disciple90633 2 years ago
Did he really say, sans sarcasm, that our leaders are competent? Wow, is he stupid.
ChrisGilliam2 2 years ago
next collapse commercial realestate, growing unemployment, more government wasted money. ya things are looking real good to me. We probably can't even pay intrest on our debt. only our total GDP
redline1189 2 years ago 3
They seem to think rising prices is ecomomic growth. The fed could print 100 trillion and we'd get higher prices but still not create any wealth.
JessicaBelle81 2 years ago 3
Gross is a Keynesian moron that understands nothing.
Jaycephus01 2 years ago 6
Our economy is STILL 2/3 consumpiotn and 1/3 production. In the next few years our debt will equal at or above 50% of our GDP. There are still many people who are in ARM's and they'll be adjusting again soon and the commercial real estate market is about ready to tank as bad or worse as the recent residential crash.
We are far from being in the clear.
pythos82 2 years ago 4
That bitch doesnt seem to just get it!
gutrp 2 years ago 2
These idiots are genuinely laugh worthy. Dan Gross has no clue what he's talking about.
jodark 2 years ago 7
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This is an awesome discussion, i respect both of them.
hnraghava 2 years ago
WOW, this was the most loaded interview I have ever seen.
AndyMH182 2 years ago
live for today economy Ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
flagship21 2 years ago
Austrian economics vs Keynesian economics
That's pretty much what it comes down to.
EdMan2012 2 years ago 8
I truly believe that Shiff makes sense to me. His math and logic makes sense! As far as his political views and what he will be able to offer, I am not too sure?
slhines7 2 years ago
hahaha...man, why does Schiff have to deal with these idiots?? go Schiff Senate 2010!!! =)
quietstormprod 2 years ago 5
"In the form of a second recession" Where on earth does she get her so-called facts from? What a joke. The Recession is not over. Period. The media are full of idiots.
JackNeedles 2 years ago 6
Replace "idiots" with the term "propaganda"
vinny1010 2 years ago 3