If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem.
( J. Paul Getty )
The sub-prime situation got the Bankers by the balls. The Bankers hit back and got the Administration by the balls. The Bail out of Bankers will mean squeeze on future tax payers or $ will be worth really little by end of year. That's why the talk about getting out of the $. But when Thailand had their financial crisis, patriotic Thais donated gold to save their Baht
A few weeks ago, Debra Brede was on with Kudlow and recommended that people buy General Electric stock. That was her top recommendation, too - the first thing out of her mouth. I immediately turned to my friend and said, "What that really means is that this lady wants to go short on GE." Either that, or she has some cognitive problems.
I have to agree with Arthirias... We're fucked. And many people do know about it. Almost across the board, economists that don't have a vested interest in certain biases are telling us the truth. We're in BIG BIG BIG BIG trouble. There's no way around it. Tomorrow... or now, today... the Dow will probably lose another 300 points.
It's intentional. Research the shift in owners of the major networks. When you really look at them you don't even have to do that... just look at how they cater to corporate sponsors. The media isn't there to help people or give them good information, their main purpose is to manipulate the public thinking.
If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem.
( J. Paul Getty )
The sub-prime situation got the Bankers by the balls. The Bankers hit back and got the Administration by the balls. The Bail out of Bankers will mean squeeze on future tax payers or $ will be worth really little by end of year. That's why the talk about getting out of the $. But when Thailand had their financial crisis, patriotic Thais donated gold to save their Baht
CommanderUTube 2 years ago
A few weeks ago, Debra Brede was on with Kudlow and recommended that people buy General Electric stock. That was her top recommendation, too - the first thing out of her mouth. I immediately turned to my friend and said, "What that really means is that this lady wants to go short on GE." Either that, or she has some cognitive problems.
libertyeconomics 3 years ago
This was recorded on a day where the DOW closed approx at 8K. Today, the Dow is closing close to 7.3K.
darkhorse007 3 years ago
I have to agree with Arthirias... We're fucked. And many people do know about it. Almost across the board, economists that don't have a vested interest in certain biases are telling us the truth. We're in BIG BIG BIG BIG trouble. There's no way around it. Tomorrow... or now, today... the Dow will probably lose another 300 points.
terr547 3 years ago
'we've got a great monetary policy' lolololoololololololololol not enough lololololols
atypicalcalifornian 3 years ago
i'm glad i dumped that serious stock about a year ago. but i put it into diamonds and still lost a lot of money : P
imakepropaganda 3 years ago
We are fucked. But thanks to Peter some of us have a chance.
Arthirias 3 years ago 3
Peter is the man!
Eric21ND 3 years ago 2
why are there so many fucking idiots on tv??? excluding peter schiff
matello18 3 years ago 5
It's intentional. Research the shift in owners of the major networks. When you really look at them you don't even have to do that... just look at how they cater to corporate sponsors. The media isn't there to help people or give them good information, their main purpose is to manipulate the public thinking.
kosai19 3 years ago
Schiff is back baby!!!
stewart0312 3 years ago 3
The bald guy and the women were the same morons telling people to get into financials. Most are down 3/4 off their portfolios
yourmain 3 years ago 4
I think she needs to stick to buying tampons!
yourmain 3 years ago 4
now that is funny
skyking1231 3 years ago
I would never invest my money with that stupid lady!
BrandonSmith56 3 years ago 3
Please watch The Constitution Class by Michael Badnarik ASAP!
chucksheen 3 years ago 2