Schiffs warning of a complete economic collapse is coming closer each day congress is open for session. You must prepare ASAP. This crash will not be like other small countries. It can cause world chaos. Set up a safe retreat away from populations as soon as you can. Store seeds and supplies there and pray for the best. Google Biospharms for ideas to help.
What an idiot, Mr. Schiff all that borrowed money was spent on the Wars in Iraq and Afghanistan, and it was spend by the government, not the people. The government set up by Bush/Cheney, Haliburton got all the money. The people invested in houses because interest rates were historically low, and this was perceived as a great investment...People got caught up into the flipping phase.
@TheDolfingurl Yes you are correct about the government wasting money on the war overseas but domestically they did worse!
People In America were investing in housing on the assumption that their property values were going to continually appreciate, regardless if they could afford it or not as the US Govt downgraded the risk in the loans as they were guaranteeing the loans to the banks. The US wasted more money in bailing out the banking sector than it did in funding wars.
Warn People Aspartame, NeoTame etc changing our DNA, Cancer films at wwwFLUORIDEALERTorg
EARS & PENEAL GLAND have CRYSTALS, EMF waves can Carry Message SURRENDER, KILL, delivered by Cell Towers, Military Units, Little HAARPS , 4hz Calm Us, High INSANITY burst Knock out Crowds seFilms, GOD VIRUS, ILLUMINATI HAARP & Military PsyOps, MONSANTO, ChemTrails, TV-A-WAVES see MarsBoy683 behind EVIL=FIAT EMPIRE
Clean BRAIN of TOXINS=MAGNESIUM & AMINO ACID see georgeeby
@deadadelta see who is Behind the NWO see Films FIAT EMPIRE, MONOPOLY MEN
JESUIT OATH, VATICAN ASSASSINS, they bring in DRUGS to your AREA, they add DRUGGS to WATER, Soft Drinks, its a NEUROTOXIN people are DRUGGED and they do not REALIZE IT
human beings still not equal specially in any form of government interference. No Politicians. No Bankers. No Drug Lords. No lawyers. No Anarchist. No to rebel Politicians. No to Dictators. etc.
We humans need more freedom. We dont need any government anymore.. we are all free.!!
lets all create a free world for all. A community of free will of equality.
The absolute truth is the interdependence of life, the entanglement of all and everything in the language of quantum physics. Capitalism is the historic process of PRIVATE PROPERTY RELATIONSHIP OF ALIENATION,EXPLOITATION AND SUFFERING OF HUMANITY in a modality of commodity production with the sole motive of profit . A WORLD MARKET MECHANISM of ARTIFICIAL SCARCITY,, DISTORTION AND DESTRUCTION. The emergent realisation of limits and obsolete nature of Capitalism is on.
exactly which is why Japanese people are wayyy ahead when it comes to saving money. Americans were raised to believe that debt is good but look at them now. In Japan people have at least 200,000 bucks saved for each family and for many a lot more. THey dont go out and buy things and want to pay later. A lot of people use cash here to pay for cars and purchases for the home.
Our monetary system is based on credit or debt, and without constantly continuing issuance of debt, the whole thing falls apart. Our system of ‘fractional reserve banking’ gives commercial banks a licence to literally create money out of thin air. Fractional reserve banking is the cause of spiralling debt.
The biggest public campaign has started to abolish fractional reserve system. Visit the POSITIVE MONEY website and support the campaign...and spread the word!
The American dollar is going to be worth less than the paper it's printed on.
Imagine Americans lining up and pushing a wheelbarrow of dollar bills to buy a loaf of bread. What a sight that would be! It's like living in Mugabe's Zimbabwe.
Land of the freaks, home of the knaves. Gawd dayum Amerika!
Please note the AAA downgrade remains the Google headline, not the 31 dead US. When the predator becomes the prey, could it be God working in mysterious ways? I'll bet it is. Afghanistan 08/06/2011: 31 US Special Forces and seven Afghan soldiers were killed when a helicopter crashed. What goes around comes around. Please add 31 US mothers to the unhappy Christmas list. As we said in Vietnam, "Shit happens."
To share the Earth in cooperation for all generations to come, A MONEYLESS,CLASSLESS,STATELESS communities of humanity expressing our multitude of creative energies in harmony and wisdom, The current world socio-economic minority imposition is the negation and alienation of our common humanity Capitalism in corporate or state modality is the tyranical rule of RULING ELITE . The awakening is inevitable, the revolution a must
reiseRi, if you think this is all the fault of Bush you are mistaken, the situation we find ourselves in is the result of many factors. we have been lied too for a long time. eisenhower and kennedy warned us of the military industrial complex and secret societies. what is happening is end result of very long term planning. if anyone thinks this the fault of one man you are an idiot and a fool
People seem to think barrack obama has control of the U.S, its not him who is makin all the economic & non economic decisions, the CIA are 1 of the biggest liars in this world nd they're behind everythin. You see the same thing that they did with G.W.Bush, B.Clinton its the same thing that they're going to do to obama, then after obama leaves another person will come in and do the same thing over again, we are so busy blamin it on the presidnts we forgot about the real people that are behind it.
Exactly right Peter! Looking at China's treasury(US) holdings up to May 2011, it appears they are selling treasuries,not buying any longer and the FED is buying 70% of new debt. Let QE2 stop and the New QE3 begin under the guise of keeping T rates under a certain percentage.The end stage of the Dollar. Peter is sooo accurate, everyone better prepare themselves.
If he would sit and watch Glenn Beck's stories connecting the dots, he will have a whole new outlook as to how the framework was built and who built it. I am amazed at the ignorance of so many when it would not take too long to study it all. H does not understand the people who have planned this.
Obama knows exactly what he has done...and is doing. They are out to destroy..wake up!
What is really terrifying is that this is a replay of pre-WWII Germany. A highly nationalistic and ignorant population looking for a scapegoat for the collapse of the economy and a worthless national currency. Instead of the rich corporate elite getting the blame they will hire demagogues like Gingrich and Mitch McConnell to finger the suitable goat, be it Muslims, Jews, Europeans, China or whatever. Anyone but the real crooks, and the ignorant masses will respond dutifully.
@bellcord I think your attempt to ridicule his viewpoints is based on something other than an informed view of our current state of affairs. In any case, his insight happens to be more accurate than not.
@ramjamflimflam LOOK AT THE HISTORY OF THE SCHIFF FAMILY. Why he knows what can and will happen will be explained in the history. Its a family business, crashing stock markets and all that. Check it out for yourself, this is whats important.
anyone want to get 1 oz silver Morgan rounds for free? Go to h t t p (colon) //silversnowball(dot)com/3897 and get some more info on how to do it!!!! Its a lot easier than you think!
Perhaps he may be right but a big part of the debt is money thats been borrowed from other goverment agencies such as Social Security where they have taken nearly 5 trillion dollars. The real problem started in 2001 when we started two wars that were never budget for, and on top of that giving a trillion dollar tax cut to the most affluent people in our society. Who cuts taxes and starts a two front war, only those who what to destroy this country.
There is so much injustice in the world caused by fools. Commonsense has fled from our societies. Political correctness has stolen our free speech. Western waste condemns millions of third world people to suffering and the needless deaths of helpless children and others. Religious vilification laws now take us back to the dark ages. How have we come to throw out good sense, free speech and reason for waffle, doubletalk and foolishness? History will truly condemn us as we condemn the suffering.
no wealth for the federal government... they own 30% of all land in america outright... they own planes, cars, trucks, tankers, naval ships, satellites, spacecraft, and the facilities that operate government.... they have wealth... i would trade my personal finances with the US gov'ts any day... i'll take their portfolio over schiff's any day
Peter Schiff blames this on consumers overspending and borrowing to buy consumer elctronics and remodeling their house... also known as the free market... yet he doesn't call it the free market.... he's right on what caused it, but why can't he identify it as the free market.... THE PROBLEM WAS THE FREE MARKET... YOU ADMIT IT, YOU JUST DON'T CALL IT FOR WHAT IT WAS..... let me ask you this, If the problem was American citicizens blowing credit, why does the gov't have to stop education funding
@MrMvt333 You're wrong. When the government artificially lowers interest rates (something the free market would not do), people borrow more and build up more debt because they figure they can spend and spend. If you want to judge Schiff's take on the free market, watch at least ten videos of his.
@MrMvt333 we dont have a free market. a free market implies no regulation. yet the federal reserve manipulates interest rates, gives subsidies to certain companies, passes stimuluses, and props up companies that should fail. a free market is just supply and demand with no regulations or manipulations. As long as you have a central bank it is impossible to have a free market. search the definiton of free market. It is not capitalism that has failed, it is socalism, fascism, that has failed.
@MrMvt333 education funding? like loans? loans only drive up the price of college. If im a college and i know that students can get a loan to pay any amount of money to go to my school i will raise the price. I will also not cut unessecary spending. Now if nobody can get a loan people will not go to college.Then only option the college has is to lower prices since demand fell . As far a dept. of education it needs to be state/local run bc it costs and is less ineficcent at a national level.
@MrMvt333 i think what peter was implying that in a recession/depression people need to save money, thus more money is in the bank, which raises revenue. if the free market was in place, interest rates would be high not artifically low. the consumer would make tons of money due to interest acccumlated by letting bank hold thier money. in turn stimulating the economy into a boom. yet our government passes programs that makes it appealing for us to spend money on useless things in a downturn.
The problem we worry to much what is not really important. Printed paper. This world should be ruled by love and not money. Greed, lust, envy, jealousy, egoism, arrogance, emptiness is what money buys. If we let rule it over us. Spirituality gives us mental freedom, love, peace, trust and hope. Unfortunately this world lives by the material and not the spiritual. This has to change or we die (mentally). Jesus already spoke about not worshipping the material. The rich won´t inheriti the earth.
We lost more jobs WITH the stimulus then if we had done nothing at all. We would have saved or created MORE jobs WITHOUT the stimulus. On average, we lose $4000 GDP per person for every 1% increase in Federal Spending even when taxes ARE NOT RAISED! Our debt and unfunded liabilities now outstrip the economic output of the entire planet while the dollar crashes. The banks and third world countries took all our money. Obama makes Bush look like a coupon clipping housewife. Government, go away
2 years after this video was uploaded, it's safe to say Schiff's prediction proved to be incorrect again. When this video was made, the economy was crashing at an annualized rate of 6%. By Q4 2009, the economy was expanding at an annualized rate of 5%. Schiff fails again.
@worldnewsbbc1 We will see what happens in the next year or two, I think Schiff's mistake was to make too bold a prediction about something that is inherently unpredictable, you know that a collapse is coming but you cannot know precisely when. I think personally it will be in the next year or two, I think there are too many potential shocks to the global economy in the near future and the US finances are getting really out of control with no political will to solve the situation.
@GreasyApes what the hell do you know abourt jews? do you know anything about jews, like their history, culture, or religion? or do you simple use them as spacegoats?
Currency is like any commodity-->A currency will tend to become more valuable whenever demand for it is greater than the available supply. It will become less valuable whenever demand is less than available supply (this does not mean people no longer want money, it just means they prefer holding their wealth in some other form, possibly another currency). So if you get more of your commodity of the supply you want in another currency you simply invest there. That is why.
@doug47130 Well when the dollar collapses other currencies will remain strong, no brainer, buy gold/silver if you don't want to invest in a currency that won't be completely worthless in 2-4 years.
@impaleddead You moron. If the dollar "collapses" and the other currencies remain strong, then our exports will soar and the dollar will rebound. Exports are 12% of GDP. You defeated your own conclusion stupid.
@worldnewsbbc1 keep believing the shit that the mainstream media is telling you. we'll see how many days u last after this is said and done u fucking retard
Someone has put up channel on youtube called the "SchittReport" where he talks about various things that contradict Peter. It's worth checking out. It has over 100 videos
oh yeah, and the patriot act, millitary commisions act, what else- o and obamacare, all these unconstitutional acts & laws are just fine and dandy. Although they are all unconstitutional, the US govt continues to blindly follow them. And u think there's absolutely no problem with any of this? lol
US has way too many cock suckers & keynsians. Yeah im sure everything is just "fine" and santa is real. and im sure bernanke, greenspan, rothschilds, rockefeller- im sure they all just "love" you and will give you a million bucks for nothing! lolol Bastiat, sowell, hayek & really every real economist who at least understands supply&demand and TANSTAFAAL all understand that the US is fucked up & government intervention is screwin up the system even worse
keep takin that heroin & ecstasy. yeah everythin is peachy, greece is spiffy, santa claus is real, u can always get a free lunch, there is no price tag for your burger and fascism/communism/socialism is a stable system
Face the FACTS! you can NOT print money out of thin air without any cost! Government will NOT protect you! not financially, socially, economically nor internationally! But it will sure as hell get you killed, steal your money & destroy your wealth. Government can not create wealth- it destroys wealth. yeah- read Bastiat
@swu880 shut up tool and watch the insults, Im the one telling you how it is fool,i hate the evil goverment but i know the real story america is fine for now.
The economic stimulus package is obama's own little Iraq. Its his own way of driving the country into further debt. all of this is by design. only an asshole would say spending billions would bring us out of a debt of a trillion....... the funny thing is that the american economy is following the trend of the american culture: Image!
Schiff has been correct in many of his predictions. CNBC is reporting about inflation/food prices rising daily, gold close to an all time high and Obama's Keynes inspired economic team dropping like flies! Obama NOW trying to be pro-business and less regulation (just watch his State of the Union speech).
The inflation we are seeing is clearly a result of the Feds policies.
If you think Schiff's predictions have been proven wrong why dont you looks at Krugmans past predictions and compare.
Incredible Incredulous Hindsight Man says Schiffy boy you were wrong and right as all babble on economics goes. It is now late January 2011 and the dollar is stably miserable, US unemployment is 9.4% according to the US Gov, a 4% + growth rate is predicted for this year and housing is moribund. Keynes is still read in university, and we are being implored to consume because we are after all consumers. Free marketing is still shallow Repug rhetoric and Libertarians are still marginalized.
the housing problem started when Some stupid rich people decided to reassess the house's for more money, That alone years ago started the housing bubble!
For all of you socialist nutjobs out there, if we're meant to share everything - why would I get up at 6:00am every weekday to support those who sit on their ass all day? Until you answer that question, socialism remains a nutty left-wing fantasy.
Capitalism is the wage slavey of immense humanity for the abstract process of capital accumulation and concentration in the hands of a few. A system of perpetual war,poverty,exploitation,enviornmental destructions,animal cruelty of industrial proportions.A system of suppression of our true humanity and creative potentials, A prison planet of imposition of fear,insecurity and dehumanisation. WE NEED TO SHARE THE EARTH IN COOPERATION FOR OUR COLLECTIVE NEEDS AND WELL BEING
After dust from the economic collapse has settled, and the US can no longer support Israel's war machine, perhaps the Arab nations will pounce on the opportunity to cleanse the Middle East of Israel, liberate Palestine thus stabilizing the Middle East (as long as the EU doesn't try to intervene). Extremist Muslim terrorism will decline and the rest of the world will be a safer place... so in a way the coming US economic implosion might be just the thing this world needs.
Peter is proven right almost every day. He is a economic rebel like Beck is a social rebel. They both have been right more than wrong. When these two and a few others who do not conspire with one another are all on the same page the SHTF in 2011. Get prepared. Buy seeds water filters and books. Biospharms are turn key sustainable mini farms that produce all your family needs. Subscribe to Biospharms or go to the website
this is coming after capitalistic world ::: equalistic united humanity order , all world going to unite as one world place, all countries going to be destroyed as one. all wealth of the world going to be divided and distributed equally to all humans. every thing going to be integratingly planned. main focus of humans going to be on inside awaekening, spiritual enligtenment, universal conciousness... materialistic competitions going to finish...
On the Biospharms YT channel videos important videos that have information that needs to be known like: 2010 2011 Deepening Banking Crisis. And: Japan: Americas lost decade. Also read up on Senate bill S510. This one can kill us all and Monsanto is behind it. Please subscribe!
@madmankitchen Yes, but if everyone is going to do something they might has well step up and use the power that is rightfully theirs and put the pressure on the legislature to make the necessary changes to policy. The Federal Reserve is a very shady private organization at best.
@kawikadakine Bill Maher said it best: "The truth isn't out there, it's right in front of us!"
One doesn't need to turn to conspiracy theories just to see that America's policy-makers have made poor decisions. Conspiracy theorists are like religious extremists - both make outrageous claims, in the face of conflicting evidence, to try and explain something that can be explained by ordinary evidence and logic. I used to believe those conspiracies, all are based on misconceptions and propaganda.
The unempolyemt dosen't consider the people that aren't looking anymore And the people that are self employed contractors that don't get unemployment benefits the unemployment is at least 25% the war has begun these crooks are audeting everybody to pay for the money they gave the banks and stole it's only going to get worst as they rachet up the presure on the little guy. together we stand divided we fall we have to come together to force change and save our country from these mobsters!!!!!!!!!!
Peter Schiff is brilliant. Another YT that backs up the case is from 60Mins titles: 2010 2011 deepening mortgage crisis. Prepare those that are open to listen. Quickly forget the Sheeple there isnt enough time for them. FEMA has them covered. Go to a YT titled: Beech Grove FEMA death camp. If u cant afford to get away buy seeds and h2o filters. If u still have a little means retreat! we bought a micro farm in Cent Amer in a tight knit community if u have interest darinsmith@inbox.com
AMERICA IS DOING GREAT I NEVER SEEN SO MUCH WEALTH IN AMERICA BIG HOMES,NEW CARS,MALLS FULL,AMERICA IS NOT GOING ANYWHERE AND ITS NOT ALL CREDIT THERES MONEY OUT THERE, GO GET IT PEOPLE!!
Peter was in Belize the same week that we had been there. He is setting up a safe harbor up for his investors and we are setting up small sustainable Biospharms with totally edible landscapes. It's a safe harbor for the family for little money. Email me and I'll put you on our mailing list. Darinsmith@inbox.com
@oscarcohen06 These r the type of comments that really irritates me. Zionist jew, so r we all to throw our hands up in horror now. Come back when youve achieved something. Thats the typical ignorance thats gets us into this mess. Lets take a race of people or gender an blame them for the worlds i'lls rather than lookin in the mirror. Try lookin at selfishness an ignorance on a global scale my friend, coupled with.. its always the other guys fault. GROW UP!!!
Well, I'm as anti-zionist as they get & of course, zionism is out there - Rockefellers, Rothschilds, AIPAC & there're many Zionist-Jews in various fields & countries but I stick my neck out & say Peter & Irwin (his father) are NOT zionists, neither were jews like Mises, Rothbard, Hayek, etc who founded Austrian Economics; all you've to do is learn a little bit of Austrian Economics & you'll understand why I'm saying this
We DON'T have capitalism & haven't had it for decades; we've'd CORPORATISM due to govt intervention; Peter believes in free-market-capitalist who believes SMALL gov & unregulated markets & EXACTLY WHY he was able to predict government's "economic experts" couldn't because gov intervention & regulation distorts the markets & when gov has the authority to "regulate" businesses, businesses just buy out politicians which is what leads to corporatism
@lomocan What we have now in the US is crypto fascism, where favored institutions get special treatment, and the future has been mortgaged for present expedition. It's obvious the government cares about the government, not the people.
Hey RT i have some predictions: In 2011 the U.S. will change its official language to Hungarian. Canadians will build warp drive engines and colonize the Andromeda galaxy. China will declare war on Iceland. Space aliens will visit earth but then die of AIDS after they sleep with Haitian prostitutes. Osama bin Ladin will become president of France. Scientists will discover that vodka can cure cancer. O.K., now that I've made such predictions when would you like me to appear for an interview? :)
What's funny is how Russia Today is such a POS news agency. So much liberal commi crap. They finally did a great news piece with Peter Schiff, too bad it's too late, just as RT intended.
@devourerofbabies Was that a Faux News reference? How about Russia getting that chocolate & banana from Chavez? U see, if u ever watched Faux, they did a special on new Axis about 1/2 year ago, after Obama "reset" Russia, but before Putin gave Iran nuclear. But they do have pretty ladies, so maybe they are FAIR and BALANCED enough for one thing. ;D
Yup, BOTH parties' "mainstream candidates" are bought & paid by AIPAC & other corporations & bankers, they'll never serve the people; look into Ron Paul, Peter was Paul's economic advisor in Paul's 2008 presidential campaign, Paul had predicted US's economic collapse DECADES in advance of Peter Schiff, Paul has NOT sold out, that's why mainstream media don't give him the time of the day
one voice? there is a whole school of economics (the one before the mystical Keynesian) that predicted the housing bubble. Austrian economics.
Of all the book i could possibly recommend, 'economics in one lesson' by hazlitt is by far the best for a complete rounding cover of the basics. no previous economic knowledge required and yet you will see how the experts keep over looking the basics, usually on purpose.
@fieldman07 i know, it's like a slapping in the face with logic and common-sense. plus i had 2 years of Keynesian economics, i never took that fully on board and didn't care at the time, but of the parts i did, i naturally felt stupid for accepting it.
Great video. It's a good thing that Americans are learning about our economy. It's our debt-based monetary system that necessarily leads to personal wealth erosion through inflation. Check out "Why we are in so much debt" on YouTube.
He's right about the Americans buying and spending so much that they later on become indebted for!...sad but the American are spoiled but at the same time STUPID! LOL
seems like a Ron Paul supporter
businessmanart 1 week ago
America will be fine as long as oil is traded in USD. So far It does a good job to keep it happenning.
mareksozols 1 week ago
Schiffs warning of a complete economic collapse is coming closer each day congress is open for session. You must prepare ASAP. This crash will not be like other small countries. It can cause world chaos. Set up a safe retreat away from populations as soon as you can. Store seeds and supplies there and pray for the best. Google Biospharms for ideas to help.
BIOSPHARMS
biospharms 1 month ago
What an idiot, Mr. Schiff all that borrowed money was spent on the Wars in Iraq and Afghanistan, and it was spend by the government, not the people. The government set up by Bush/Cheney, Haliburton got all the money. The people invested in houses because interest rates were historically low, and this was perceived as a great investment...People got caught up into the flipping phase.
TheDolfingurl 2 months ago
@TheDolfingurl Clearly you don't understand how it works, I advice you to read mr Schiff's books.
TWSceptic 1 month ago
@TheDolfingurl Yes you are correct about the government wasting money on the war overseas but domestically they did worse!
People In America were investing in housing on the assumption that their property values were going to continually appreciate, regardless if they could afford it or not as the US Govt downgraded the risk in the loans as they were guaranteeing the loans to the banks. The US wasted more money in bailing out the banking sector than it did in funding wars.
andr3111 1 week ago
From 1998-2003 Ron Paul has made the predictions, maybe Mr. Schiff got his information from watching Ron Paul...Do your research Maria...
TheDolfingurl 2 months ago
@TheDolfingurl No, mr Schiff knows economy as no one does, he is the best at it.
TWSceptic 1 month ago
@TWSceptic ron paul 2012
trueconservatie33 1 month ago
@TheDolfingurl schiff was paul's economic adviser in 2008 election
trueconservatie33 1 month ago
This has been flagged as spam show
NWO=Turning us "TRANSHUMANS"
Warn People Aspartame, NeoTame etc changing our DNA, Cancer films at wwwFLUORIDEALERTorg
EARS & PENEAL GLAND have CRYSTALS, EMF waves can Carry Message SURRENDER, KILL, delivered by Cell Towers, Military Units, Little HAARPS , 4hz Calm Us, High INSANITY burst Knock out Crowds seFilms, GOD VIRUS, ILLUMINATI HAARP & Military PsyOps, MONSANTO, ChemTrails, TV-A-WAVES see MarsBoy683 behind EVIL=FIAT EMPIRE
Clean BRAIN of TOXINS=MAGNESIUM & AMINO ACID see georgeeby
deadadelta 2 months ago
@deadadelta America Paid Haliburton 3.8 Billion to Build 825 FEMA CAMPS see film CAMP FEMA
You will see GROWN MEN and WOMEN Crying like LITTLE BABIES
deadadelta 2 months ago
@deadadelta see who is Behind the NWO see Films FIAT EMPIRE, MONOPOLY MEN
JESUIT OATH, VATICAN ASSASSINS, they bring in DRUGS to your AREA, they add DRUGGS to WATER, Soft Drinks, its a NEUROTOXIN people are DRUGGED and they do not REALIZE IT
deadadelta 2 months ago
Marina Portnaya is a babe.
maidenak 3 months ago
This has been flagged as spam show
Ron Paul does - Ron Paul 2012
lynx1208 3 months ago
This has been flagged as spam show
CAPITALISM & COMMUNISM SUCKS..!!!
human beings still not equal specially in any form of government interference. No Politicians. No Bankers. No Drug Lords. No lawyers. No Anarchist. No to rebel Politicians. No to Dictators. etc.
We humans need more freedom. We dont need any government anymore.. we are all free.!!
lets all create a free world for all. A community of free will of equality.
kopellhinex 3 months ago
US Leaders still don't listen to Peter Schiff.
Playboysmurf1 3 months ago
This has been flagged as spam show
The absolute truth is the interdependence of life, the entanglement of all and everything in the language of quantum physics. Capitalism is the historic process of PRIVATE PROPERTY RELATIONSHIP OF ALIENATION,EXPLOITATION AND SUFFERING OF HUMANITY in a modality of commodity production with the sole motive of profit . A WORLD MARKET MECHANISM of ARTIFICIAL SCARCITY,, DISTORTION AND DESTRUCTION. The emergent realisation of limits and obsolete nature of Capitalism is on.
arzoyan 3 months ago
This RT channel is excellent
midcitygym 4 months ago 2
Peters predictions have even gotten more harsh. There seems to little hope it turning this around. Prepare for a deeper global crash as a result.
Families must become self sustainable in food. Biospharms has the info you need to prepare the family needs. Sub to
BIOSPHARMS
biospharms 4 months ago
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Vote Ron Paul in 2012
tayronachan 4 months ago
..
DON'T BE A FOOL
..
PROTECT THE WEALTHIEST 3 PERCENT OF AMERICANS
..
VOTE REPUBLICAN 2012
..
LOL
Someideasandstuff 4 months ago 2
exactly which is why Japanese people are wayyy ahead when it comes to saving money. Americans were raised to believe that debt is good but look at them now. In Japan people have at least 200,000 bucks saved for each family and for many a lot more. THey dont go out and buy things and want to pay later. A lot of people use cash here to pay for cars and purchases for the home.
khalilahinjapan 5 months ago
@khalilahinjapan not just japan. My wife is from vietnam and she does this too. I am a lucky north american in deed.今晩は.
daobagua 4 months ago
Our monetary system is based on credit or debt, and without constantly continuing issuance of debt, the whole thing falls apart. Our system of ‘fractional reserve banking’ gives commercial banks a licence to literally create money out of thin air. Fractional reserve banking is the cause of spiralling debt.
The biggest public campaign has started to abolish fractional reserve system. Visit the POSITIVE MONEY website and support the campaign...and spread the word!
PositiveMoneyUK 5 months ago
AAA downgrade is a warning sign.
hdrusersdotcom 5 months ago
The American dollar is going to be worth less than the paper it's printed on.
Imagine Americans lining up and pushing a wheelbarrow of dollar bills to buy a loaf of bread. What a sight that would be! It's like living in Mugabe's Zimbabwe.
Land of the freaks, home of the knaves. Gawd dayum Amerika!
papalolita 5 months ago
32 people thing Barack Obama is doing a good job solving the economic crisis.
FaclonV 5 months ago 2
Please note the AAA downgrade remains the Google headline, not the 31 dead US. When the predator becomes the prey, could it be God working in mysterious ways? I'll bet it is. Afghanistan 08/06/2011: 31 US Special Forces and seven Afghan soldiers were killed when a helicopter crashed. What goes around comes around. Please add 31 US mothers to the unhappy Christmas list. As we said in Vietnam, "Shit happens."
BobbyWarrenMiller 5 months ago
To share the Earth in cooperation for all generations to come, A MONEYLESS,CLASSLESS,STATELESS communities of humanity expressing our multitude of creative energies in harmony and wisdom, The current world socio-economic minority imposition is the negation and alienation of our common humanity Capitalism in corporate or state modality is the tyranical rule of RULING ELITE . The awakening is inevitable, the revolution a must
arzoyan 6 months ago
reiseRi, if you think this is all the fault of Bush you are mistaken, the situation we find ourselves in is the result of many factors. we have been lied too for a long time. eisenhower and kennedy warned us of the military industrial complex and secret societies. what is happening is end result of very long term planning. if anyone thinks this the fault of one man you are an idiot and a fool
TheMrbumpas 6 months ago
remember who got you idiots in this mess in the first place... George Bush
reiseRi 6 months ago
@reiseRi Bush is too dumb to come up with anything. Gotta look at who was pulling his strings.
missbutter81 2 months ago
@missbutter81
bush is smarter than most people think
unfad1ng 2 months ago
its amazing that good, honest, truthful ppl miss out in the west while the lying, secretive, kaniving ppl get the top jobs.
this guy seriously needs to be represented in the US parliament.
nafism6969 6 months ago
Can believe this guy is so accurate on the core-problem in early 2009.
smoke489 6 months ago
People seem to think barrack obama has control of the U.S, its not him who is makin all the economic & non economic decisions, the CIA are 1 of the biggest liars in this world nd they're behind everythin. You see the same thing that they did with G.W.Bush, B.Clinton its the same thing that they're going to do to obama, then after obama leaves another person will come in and do the same thing over again, we are so busy blamin it on the presidnts we forgot about the real people that are behind it.
DTG101 7 months ago
10:09
bobshenix 7 months ago
how long do you think we have and what currancy do you think is the best to invest in?
Billiever4life 7 months ago
Exactly right Peter! Looking at China's treasury(US) holdings up to May 2011, it appears they are selling treasuries,not buying any longer and the FED is buying 70% of new debt. Let QE2 stop and the New QE3 begin under the guise of keeping T rates under a certain percentage.The end stage of the Dollar. Peter is sooo accurate, everyone better prepare themselves.
2100v 7 months ago
If he would sit and watch Glenn Beck's stories connecting the dots, he will have a whole new outlook as to how the framework was built and who built it. I am amazed at the ignorance of so many when it would not take too long to study it all. H does not understand the people who have planned this.
Obama knows exactly what he has done...and is doing. They are out to destroy..wake up!
mabellehardie 7 months ago
he couldnt be more correct
yoseph89 7 months ago
Yeah!!!you U.S. Citizens DONT NEED LIKE 5 iPOD'S and 4 New Cars!!!Control yourselfs!
jccp18 8 months ago
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protect your savings. invest in certificated diamonds, write me... jelenasdiamond@gmail.com
jelenasdiamond 8 months ago
What is really terrifying is that this is a replay of pre-WWII Germany. A highly nationalistic and ignorant population looking for a scapegoat for the collapse of the economy and a worthless national currency. Instead of the rich corporate elite getting the blame they will hire demagogues like Gingrich and Mitch McConnell to finger the suitable goat, be it Muslims, Jews, Europeans, China or whatever. Anyone but the real crooks, and the ignorant masses will respond dutifully.
TheGodlessGuitarist 8 months ago 3
More fearmongering from Petey...Oh, this vid's 21/2 years old now and NONE of his shit has happened....
bellcord 8 months ago
@bellcord Walk with you eyes closed much?
ramjamflimflam 8 months ago
@ramjamflimflam If you're still listening to this old fraud you are probably disapointed the World didn't end last Saturday...
bellcord 8 months ago
@bellcord I think your attempt to ridicule his viewpoints is based on something other than an informed view of our current state of affairs. In any case, his insight happens to be more accurate than not.
ramjamflimflam 8 months ago 13
@ramjamflimflam LOOK AT THE HISTORY OF THE SCHIFF FAMILY. Why he knows what can and will happen will be explained in the history. Its a family business, crashing stock markets and all that. Check it out for yourself, this is whats important.
DaggerFaller 1 week ago
We R F'd in the U.S.A.!
pellertpale 8 months ago
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frankiegmh 8 months ago
Brilliant!
TheBlindPatriot 8 months ago
Right Again !
parsizaban 8 months ago
30 AssSpelunkers don't like that fact that Pete was right...
BalZac419 9 months ago
and when $ will go down all wold economics and all currencies and markets will go down ; *
zimwk 9 months ago
but silver - 5% today ; (
zimwk 9 months ago
Perhaps he may be right but a big part of the debt is money thats been borrowed from other goverment agencies such as Social Security where they have taken nearly 5 trillion dollars. The real problem started in 2001 when we started two wars that were never budget for, and on top of that giving a trillion dollar tax cut to the most affluent people in our society. Who cuts taxes and starts a two front war, only those who what to destroy this country.
Wilson49100 9 months ago
There is so much injustice in the world caused by fools. Commonsense has fled from our societies. Political correctness has stolen our free speech. Western waste condemns millions of third world people to suffering and the needless deaths of helpless children and others. Religious vilification laws now take us back to the dark ages. How have we come to throw out good sense, free speech and reason for waffle, doubletalk and foolishness? History will truly condemn us as we condemn the suffering.
foolishinjustice 9 months ago 2
no wealth for the federal government... they own 30% of all land in america outright... they own planes, cars, trucks, tankers, naval ships, satellites, spacecraft, and the facilities that operate government.... they have wealth... i would trade my personal finances with the US gov'ts any day... i'll take their portfolio over schiff's any day
MrMvt333 9 months ago
@MrMvt333 The goverment owns land outright? The government own ANYTHING outright?! Perhaps you're forgetting the $13T national debt.
TheAutopian 9 months ago
Comment removed
MrMvt333 9 months ago
Peter Schiff blames this on consumers overspending and borrowing to buy consumer elctronics and remodeling their house... also known as the free market... yet he doesn't call it the free market.... he's right on what caused it, but why can't he identify it as the free market.... THE PROBLEM WAS THE FREE MARKET... YOU ADMIT IT, YOU JUST DON'T CALL IT FOR WHAT IT WAS..... let me ask you this, If the problem was American citicizens blowing credit, why does the gov't have to stop education funding
MrMvt333 9 months ago
@MrMvt333 You're wrong. When the government artificially lowers interest rates (something the free market would not do), people borrow more and build up more debt because they figure they can spend and spend. If you want to judge Schiff's take on the free market, watch at least ten videos of his.
davebex13 9 months ago
Comment removed
MrMvt333 9 months ago
@MrMvt333 we dont have a free market. a free market implies no regulation. yet the federal reserve manipulates interest rates, gives subsidies to certain companies, passes stimuluses, and props up companies that should fail. a free market is just supply and demand with no regulations or manipulations. As long as you have a central bank it is impossible to have a free market. search the definiton of free market. It is not capitalism that has failed, it is socalism, fascism, that has failed.
LilRedRasta 5 months ago
@MrMvt333 education funding? like loans? loans only drive up the price of college. If im a college and i know that students can get a loan to pay any amount of money to go to my school i will raise the price. I will also not cut unessecary spending. Now if nobody can get a loan people will not go to college.Then only option the college has is to lower prices since demand fell . As far a dept. of education it needs to be state/local run bc it costs and is less ineficcent at a national level.
LilRedRasta 5 months ago 10
@LilRedRasta
you could give people a fixed amount of money for school instead of a loan.
unfad1ng 2 weeks ago
@MrMvt333 i think what peter was implying that in a recession/depression people need to save money, thus more money is in the bank, which raises revenue. if the free market was in place, interest rates would be high not artifically low. the consumer would make tons of money due to interest acccumlated by letting bank hold thier money. in turn stimulating the economy into a boom. yet our government passes programs that makes it appealing for us to spend money on useless things in a downturn.
LilRedRasta 5 months ago
The problem we worry to much what is not really important. Printed paper. This world should be ruled by love and not money. Greed, lust, envy, jealousy, egoism, arrogance, emptiness is what money buys. If we let rule it over us. Spirituality gives us mental freedom, love, peace, trust and hope. Unfortunately this world lives by the material and not the spiritual. This has to change or we die (mentally). Jesus already spoke about not worshipping the material. The rich won´t inheriti the earth.
royalsteven 9 months ago
@royalsteven Right on! Totally agree. Unfortunately world is ruled by money hungry idiots at the moment and they don't see this side.
parsizaban 8 months ago
Thanks you agree. If more people agreed than this world would change!
royalsteven 8 months ago
We lost more jobs WITH the stimulus then if we had done nothing at all. We would have saved or created MORE jobs WITHOUT the stimulus. On average, we lose $4000 GDP per person for every 1% increase in Federal Spending even when taxes ARE NOT RAISED! Our debt and unfunded liabilities now outstrip the economic output of the entire planet while the dollar crashes. The banks and third world countries took all our money. Obama makes Bush look like a coupon clipping housewife. Government, go away
AroundSun 10 months ago
2 years after this video was uploaded, it's safe to say Schiff's prediction proved to be incorrect again. When this video was made, the economy was crashing at an annualized rate of 6%. By Q4 2009, the economy was expanding at an annualized rate of 5%. Schiff fails again.
worldnewsbbc1 10 months ago
@worldnewsbbc1 We will see what happens in the next year or two, I think Schiff's mistake was to make too bold a prediction about something that is inherently unpredictable, you know that a collapse is coming but you cannot know precisely when. I think personally it will be in the next year or two, I think there are too many potential shocks to the global economy in the near future and the US finances are getting really out of control with no political will to solve the situation.
DukeofWellington91 9 months ago
The jew is the demon behind the corruption of mankind
GreasyApes 10 months ago
@GreasyApes what the hell do you know abourt jews? do you know anything about jews, like their history, culture, or religion? or do you simple use them as spacegoats?
goPistons06 10 months ago
@GreasyApes people like you are the demons behind anything true and right.
parsizaban 8 months ago
poopy
PoopyLogin 10 months ago
The war against Kaddhafi is a distraction
Search For
"BUSH OBAMA DESTROYED US ARMY"
eliasmouawad 10 months ago
How do i get my savings in this guys hands? At least he knows what the hell he's talking about.
DanMonDab 10 months ago
Go to: Aaron Klein. Phil Berg. James Manning. Her name is Ms Ann. Listen to them.
Petekiv 10 months ago
6:21
Hopleet 10 months ago
SIONISTE GUY
saradani79 10 months ago
LOL and I have the exact same PC monitor next to Shiff
a4d2d0 10 months ago
Can anybody explain this problem of U.S. economy crisis better than Peter Schiff ?
Even child can understand problem after he explains it
TeslaGenius2 10 months ago
Peter Schiff for President?
InToonamIsLegacy 11 months ago
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you ready?... global-life-jacket.blogspot.com or see...shoyer.myefoods.com ..Bless you!
sshsandy 11 months ago
What good does owning a foreign currency do if you live in America?
doug47130 11 months ago
@doug47130
Currency is like any commodity-->A currency will tend to become more valuable whenever demand for it is greater than the available supply. It will become less valuable whenever demand is less than available supply (this does not mean people no longer want money, it just means they prefer holding their wealth in some other form, possibly another currency). So if you get more of your commodity of the supply you want in another currency you simply invest there. That is why.
Manchin2be 10 months ago
@doug47130 Well when the dollar collapses other currencies will remain strong, no brainer, buy gold/silver if you don't want to invest in a currency that won't be completely worthless in 2-4 years.
impaleddead 10 months ago
@impaleddead You moron. If the dollar "collapses" and the other currencies remain strong, then our exports will soar and the dollar will rebound. Exports are 12% of GDP. You defeated your own conclusion stupid.
worldnewsbbc1 10 months ago
@worldnewsbbc1 keep believing the shit that the mainstream media is telling you. we'll see how many days u last after this is said and done u fucking retard
TJBallin12 9 months ago
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Silver1Up 11 months ago
.
Someone has put up channel on youtube called the "SchittReport" where he talks about various things that contradict Peter. It's worth checking out. It has over 100 videos
.
Someideasandstuff 11 months ago
oh yeah, and the patriot act, millitary commisions act, what else- o and obamacare, all these unconstitutional acts & laws are just fine and dandy. Although they are all unconstitutional, the US govt continues to blindly follow them. And u think there's absolutely no problem with any of this? lol
Wake up! social security is broke!
swu880 11 months ago
US has way too many cock suckers & keynsians. Yeah im sure everything is just "fine" and santa is real. and im sure bernanke, greenspan, rothschilds, rockefeller- im sure they all just "love" you and will give you a million bucks for nothing! lolol Bastiat, sowell, hayek & really every real economist who at least understands supply&demand and TANSTAFAAL all understand that the US is fucked up & government intervention is screwin up the system even worse
swu880 11 months ago
THIS GUY IS WRONG WITH EVERYTHING ,AMERICA IS DOING GREAT.
amcanmike 11 months ago
@amcanmike
keep takin that heroin & ecstasy. yeah everythin is peachy, greece is spiffy, santa claus is real, u can always get a free lunch, there is no price tag for your burger and fascism/communism/socialism is a stable system
swu880 11 months ago
@swu880 oh go away you doom and gloom shithead ,america dont need you pinhead
amcanmike 11 months ago
@amcanmike
Face the FACTS! you can NOT print money out of thin air without any cost! Government will NOT protect you! not financially, socially, economically nor internationally! But it will sure as hell get you killed, steal your money & destroy your wealth. Government can not create wealth- it destroys wealth. yeah- read Bastiat
swu880 11 months ago
@swu880 we will see ok lets see how bad america goes to
amcanmike 11 months ago
@amcanmike
u've been suckin way too many bureaucrat cocks. get a REAL education fool! not a state indoctrination program
lolol
swu880 11 months ago
@swu880 shut up tool and watch the insults, Im the one telling you how it is fool,i hate the evil goverment but i know the real story america is fine for now.
amcanmike 11 months ago
DURING THE LAST TWO YEARS ; SILVER HAS DOUBLED IN PRICE !
letnamsiew 11 months ago
Why didn't she ask about his Euro Pacific Precious Metals, LLC, a gold and silver dealer based in New York City ?
howudoingbaby 11 months ago
The economic stimulus package is obama's own little Iraq. Its his own way of driving the country into further debt. all of this is by design. only an asshole would say spending billions would bring us out of a debt of a trillion....... the funny thing is that the american economy is following the trend of the american culture: Image!
potsdaincredible 1 year ago
This is posted in Jan 2009.
UCVibes 1 year ago
Schiff has been correct in many of his predictions. CNBC is reporting about inflation/food prices rising daily, gold close to an all time high and Obama's Keynes inspired economic team dropping like flies! Obama NOW trying to be pro-business and less regulation (just watch his State of the Union speech).
The inflation we are seeing is clearly a result of the Feds policies.
If you think Schiff's predictions have been proven wrong why dont you looks at Krugmans past predictions and compare.
CFURIN 1 year ago
Incredible Incredulous Hindsight Man says Schiffy boy you were wrong and right as all babble on economics goes. It is now late January 2011 and the dollar is stably miserable, US unemployment is 9.4% according to the US Gov, a 4% + growth rate is predicted for this year and housing is moribund. Keynes is still read in university, and we are being implored to consume because we are after all consumers. Free marketing is still shallow Repug rhetoric and Libertarians are still marginalized.
Tsnore 1 year ago
He's using Windows XP! That's the source of his brilliance. Down with Macs!
jayman1466 1 year ago
time for a second shot heard round the world. lets hope its not a bullet
kageoftheshadow 1 year ago
"The bling-bling era was cute but it's about to be done" immortal technique.
paraphrasing max keiser " lynch the yuppies."
maj1kninja07 1 year ago
the housing problem started when Some stupid rich people decided to reassess the house's for more money, That alone years ago started the housing bubble!
SimplyStupidNews 1 year ago
watch?v=ViUUMjewayk
tomodachinimodorenai 1 year ago
ALL WRONG SCHIFF ,AMERICA IS DOING GREAT, AMERICA IS BOOMING.
amcanmike 1 year ago
Peter is missing one BIG point.. The reason that SOME countries need to lend is cause if they dont they will fill the full wrath of our military..
xMaXiMuSx 1 year ago
Glenn Beck, then on CNN and now on Fox had this guy on back in 2005 and 2006 screaming these warnings.
urdaddy4321 1 year ago
For all of you socialist nutjobs out there, if we're meant to share everything - why would I get up at 6:00am every weekday to support those who sit on their ass all day? Until you answer that question, socialism remains a nutty left-wing fantasy.
informedskeptic 1 year ago
Peter has been right so many times in the past... it's scary.
gjhinc 1 year ago
AMERICA IS DOING GREAT AND WILL BOOM IN 2011 SCHIFF IS WRONG AGAIN,REAL ESTATE IS HIGHEST EVER IN ALL AMERICAN CITIES.
amcanmike 1 year ago
this shit is 2 years old, take it down
whtswrngwthupeople 1 year ago
Search For the series
"BUSH OBAMA DESTROYED US ARMY"
Part 4 uploaded
eliasmouawad 1 year ago
Please USA pay to China with gold not with funny green papiers:) he he he jews and niggers was owned by yellows i like it:)
SlavaSvarogu 1 year ago
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Capitalism is the wage slavey of immense humanity for the abstract process of capital accumulation and concentration in the hands of a few. A system of perpetual war,poverty,exploitation,enviornmental destructions,animal cruelty of industrial proportions.A system of suppression of our true humanity and creative potentials, A prison planet of imposition of fear,insecurity and dehumanisation. WE NEED TO SHARE THE EARTH IN COOPERATION FOR OUR COLLECTIVE NEEDS AND WELL BEING
arzoyan 1 year ago
Prophet?
BITARTEN2 1 year ago
29 sleeping and close-minded sheeple! WAKE UP outta your drunken stupor..!!..
PureAdrenaline97 1 year ago
After dust from the economic collapse has settled, and the US can no longer support Israel's war machine, perhaps the Arab nations will pounce on the opportunity to cleanse the Middle East of Israel, liberate Palestine thus stabilizing the Middle East (as long as the EU doesn't try to intervene). Extremist Muslim terrorism will decline and the rest of the world will be a safer place... so in a way the coming US economic implosion might be just the thing this world needs.
urcritic 1 year ago
Peter is proven right almost every day. He is a economic rebel like Beck is a social rebel. They both have been right more than wrong. When these two and a few others who do not conspire with one another are all on the same page the SHTF in 2011. Get prepared. Buy seeds water filters and books. Biospharms are turn key sustainable mini farms that produce all your family needs. Subscribe to Biospharms or go to the website
biospharms 1 year ago
@biospharms You mean like the time he predicted the collapse of the dollar in 2007? And 2008? And 2009? And 2010? And now, 2011?
goldenthroat86 1 year ago
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this is coming after capitalistic world ::: equalistic united humanity order , all world going to unite as one world place, all countries going to be destroyed as one. all wealth of the world going to be divided and distributed equally to all humans. every thing going to be integratingly planned. main focus of humans going to be on inside awaekening, spiritual enligtenment, universal conciousness... materialistic competitions going to finish...
ahmetuzun2012 1 year ago
On the Biospharms YT channel videos important videos that have information that needs to be known like: 2010 2011 Deepening Banking Crisis. And: Japan: Americas lost decade. Also read up on Senate bill S510. This one can kill us all and Monsanto is behind it. Please subscribe!
biospharms 1 year ago
@madmankitchen Yes, but if everyone is going to do something they might has well step up and use the power that is rightfully theirs and put the pressure on the legislature to make the necessary changes to policy. The Federal Reserve is a very shady private organization at best.
Adrift00 1 year ago
The power elite WANT the dollar to fail so they can introduce their AMERO...
kawikadakine 1 year ago 34
WE HAVE TO READ "Guide To Investing In Gold And Silver " OF MICHAEL MALONEY AND BUY SILVER.
iqfinanciero1 1 year ago
@kawikadakine Bill Maher said it best: "The truth isn't out there, it's right in front of us!"
One doesn't need to turn to conspiracy theories just to see that America's policy-makers have made poor decisions. Conspiracy theorists are like religious extremists - both make outrageous claims, in the face of conflicting evidence, to try and explain something that can be explained by ordinary evidence and logic. I used to believe those conspiracies, all are based on misconceptions and propaganda.
Logoscyth 1 year ago
@kawikadakine Idiot
SPQRomantic 11 months ago
@kawikadakine give it 2 years they need canada to fail too. here it come
bobthechipmonk 9 months ago
The unempolyemt dosen't consider the people that aren't looking anymore And the people that are self employed contractors that don't get unemployment benefits the unemployment is at least 25% the war has begun these crooks are audeting everybody to pay for the money they gave the banks and stole it's only going to get worst as they rachet up the presure on the little guy. together we stand divided we fall we have to come together to force change and save our country from these mobsters!!!!!!!!!!
raiden241 1 year ago
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willieprl 1 year ago
@madmankitchen Does America care about you ? Get out while you can. Everyman for himself. Your investments are worth toilet paper.
strawdog1234567 1 year ago 2
@madmankitchen If your American buy Silver every month and then sell it on Ebay or criags list. Or buy junior mining companies like I do.
I can give you some researched Gold and Silver stocks for free.
Get rid of those dam Bonds fast !!!!
RETIREMESOON 1 year ago
Peter Schiff is brilliant. Another YT that backs up the case is from 60Mins titles: 2010 2011 deepening mortgage crisis. Prepare those that are open to listen. Quickly forget the Sheeple there isnt enough time for them. FEMA has them covered. Go to a YT titled: Beech Grove FEMA death camp. If u cant afford to get away buy seeds and h2o filters. If u still have a little means retreat! we bought a micro farm in Cent Amer in a tight knit community if u have interest darinsmith@inbox.com
biospharms 1 year ago 2
America is over SELL SELL SELL, lol.
FXThug 1 year ago
I have that exact same Sony TV next to the lady! :P
Bristecom 1 year ago 6
AMERICA IS DOING GREAT I NEVER SEEN SO MUCH WEALTH IN AMERICA BIG HOMES,NEW CARS,MALLS FULL,AMERICA IS NOT GOING ANYWHERE AND ITS NOT ALL CREDIT THERES MONEY OUT THERE, GO GET IT PEOPLE!!
amcanmike 1 year ago
To bad Linda McMahon beat Peter Schiff for the Republican ticket. Peter sounds like he knows his economic policies.
kevinal 1 year ago
best go to ShaneShop (dot) net and get a water purifier and some moutain house food which has a 30 year shelf life.
shaneshopnet 1 year ago
One great thing about Peter Schiff. You only need to ask him 3 questions and he'll answer 30 of them for you.
heymisterderp 1 year ago
Peter was in Belize the same week that we had been there. He is setting up a safe harbor up for his investors and we are setting up small sustainable Biospharms with totally edible landscapes. It's a safe harbor for the family for little money. Email me and I'll put you on our mailing list. Darinsmith@inbox.com
biospharms 1 year ago
Please go over to my Austrian Economics blog. Subscribe and comment.
Thank you in advance
8sharkey8 1 year ago
Austrian. Pass.
devourerofbabies 1 year ago
Peter = Zionist jew
oscarcohen06 1 year ago
@oscarcohen06 These r the type of comments that really irritates me. Zionist jew, so r we all to throw our hands up in horror now. Come back when youve achieved something. Thats the typical ignorance thats gets us into this mess. Lets take a race of people or gender an blame them for the worlds i'lls rather than lookin in the mirror. Try lookin at selfishness an ignorance on a global scale my friend, coupled with.. its always the other guys fault. GROW UP!!!
gateway1965 1 year ago
@oscarcohen06
Well, I'm as anti-zionist as they get & of course, zionism is out there - Rockefellers, Rothschilds, AIPAC & there're many Zionist-Jews in various fields & countries but I stick my neck out & say Peter & Irwin (his father) are NOT zionists, neither were jews like Mises, Rothbard, Hayek, etc who founded Austrian Economics; all you've to do is learn a little bit of Austrian Economics & you'll understand why I'm saying this
lomocan 1 year ago
down with capitalism
girlcalledaish 1 year ago
@girlcalledaish
"down with capitalism"
We DON'T have capitalism & haven't had it for decades; we've'd CORPORATISM due to govt intervention; Peter believes in free-market-capitalist who believes SMALL gov & unregulated markets & EXACTLY WHY he was able to predict government's "economic experts" couldn't because gov intervention & regulation distorts the markets & when gov has the authority to "regulate" businesses, businesses just buy out politicians which is what leads to corporatism
lomocan 1 year ago
@lomocan What we have now in the US is crypto fascism, where favored institutions get special treatment, and the future has been mortgaged for present expedition. It's obvious the government cares about the government, not the people.
pretorious700 1 year ago
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Hey RT i have some predictions: In 2011 the U.S. will change its official language to Hungarian. Canadians will build warp drive engines and colonize the Andromeda galaxy. China will declare war on Iceland. Space aliens will visit earth but then die of AIDS after they sleep with Haitian prostitutes. Osama bin Ladin will become president of France. Scientists will discover that vodka can cure cancer. O.K., now that I've made such predictions when would you like me to appear for an interview? :)
CornFedArmen 1 year ago
buy the euro??? Europe is in as much if not more trouble than we are Gold and Silver is the way to go.
testbooster 1 year ago
What's funny is how Russia Today is such a POS news agency. So much liberal commi crap. They finally did a great news piece with Peter Schiff, too bad it's too late, just as RT intended.
BurnOutXL 1 year ago
@BurnOutXL They're not FAIR and BALANCED enough, right?
devourerofbabies 1 year ago
@devourerofbabies Was that a Faux News reference? How about Russia getting that chocolate & banana from Chavez? U see, if u ever watched Faux, they did a special on new Axis about 1/2 year ago, after Obama "reset" Russia, but before Putin gave Iran nuclear. But they do have pretty ladies, so maybe they are FAIR and BALANCED enough for one thing. ;D
BurnOutXL 1 year ago
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WHO IS GLENN BECK ???
bythetwilight . net
claurencefey 1 year ago
Search For the new series
"BUSH OBAMA DESTROYED US ARMY"
Part 3 uploaded
eliasmouawad 1 year ago
@eliasmouawad
"Search For the new series
"BUSH OBAMA DESTROYED US ARMY"
Part 3 uploaded"
Yup, BOTH parties' "mainstream candidates" are bought & paid by AIPAC & other corporations & bankers, they'll never serve the people; look into Ron Paul, Peter was Paul's economic advisor in Paul's 2008 presidential campaign, Paul had predicted US's economic collapse DECADES in advance of Peter Schiff, Paul has NOT sold out, that's why mainstream media don't give him the time of the day
lomocan 1 year ago
BREAKING NEWS: Jamie Dimon and CNBC anchors arrested for illegally monitoring emails without permission.
THIS IS GOING TO HAPPEN SOON. THIS IS NOT A JOKE READ MY PROFILE FOR MORE INFORMATION.
111WLee 1 year ago
one voice? there is a whole school of economics (the one before the mystical Keynesian) that predicted the housing bubble. Austrian economics.
Of all the book i could possibly recommend, 'economics in one lesson' by hazlitt is by far the best for a complete rounding cover of the basics. no previous economic knowledge required and yet you will see how the experts keep over looking the basics, usually on purpose.
TheAttackRat 1 year ago
@TheAttackRat
I just read that book a week ago. It's very easy to read.
If you're into economics then it reads like a novel.
fieldman07 1 year ago
@fieldman07 i know, it's like a slapping in the face with logic and common-sense. plus i had 2 years of Keynesian economics, i never took that fully on board and didn't care at the time, but of the parts i did, i naturally felt stupid for accepting it.
TheAttackRat 1 year ago
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Great video. It's a good thing that Americans are learning about our economy. It's our debt-based monetary system that necessarily leads to personal wealth erosion through inflation. Check out "Why we are in so much debt" on YouTube.
69vmac 1 year ago
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What a nut job Schiff is. You see his campaign commercials ?
A total off the wall nut.
He predicted the housing market would tank. BIG FUCKIN DEAL.
High school kids knew that was gonna happen.
tom6612 1 year ago
He's right about the Americans buying and spending so much that they later on become indebted for!...sad but the American are spoiled but at the same time STUPID! LOL
wdeadman49 1 year ago
she is a mind blowing beauty
simplemanliving 1 year ago 2