The devil is losing and at the end will be judged for all the crimes. Live at the full in the freedom of GOD (praying in a right form, following the INSTRUCTIONS in the Bible - keeping the 10 commandments - including keeping the Saturday as the 7th day etc.) instead of in the incapacity and deception of devil. Jesus Christ is the savior, love and hope.
Bernanke & Obama are just tools of the Ruling Elite.They actually orchestrated the financial collapse, so that giving bail-outs and stimulus can be justified.Through such hand-outs, the Ruling Elite got Billions of taxpayer money & expanded their empires more.That's why mainstream media, owned by the Ruling Elite, has been silent on Obama's non-eligibility.For Obama is a heartless mercenary.DOESN'T CARE FOR PEOPLE.Now he's selling military secrets to China to pay loans. PROFITS, NOT PEOPLE.
Another 23 billion raised by Ireland. OMG. Total now 80 billion. EUROPE and UK under further pressure. Banks failing there ' financial stress ' tests. UK unemployment about 6 million now !!!, consumer price and retail price indexs about 4.7%. over 2.7% above Bank of England's target of 2%. A negative GDP by UK, ENGLAND, in the last quarter of the year. Is the Uk facing the double dip recession. The blind leading the blind, whose the bigger fool !!! Who will collapse first,UK, EUROPE OR USA.
too high, most jobs only gives you a week vacation after a year of service, it's either too hot or too cold, medical is ranked 47th in the country,dating just reached -80%, the list goes on. I only stayed because I was married. After my divorce is final, I'm finally out of these depressing city.
Houses have always been OVER PRICED. Just like here in Hot Ass Las Vegas with house made out of stucco and chicken wire. Where over 50,000 residents had to sue a plumbing company for faulty work. They won by the way. No house in Clark County, Nevada should cost over $120k period. THEY ARE NOT WORTH IT. There are far more negatives here than positives. Schools ranked 50th in the country, no diversity, only casino jobs, 4th highest violent crime city in the country, registration of vehicles.......
"There's no inflation anywhere." Thanks tips; you keep buying those bonds. I'll be sure to say hi when I see you living under the bridge in five years.
i love how the cnbc people minimize the bad stuff that's happening with our economy. i used to watch cnbc daily, but now i watch youtube instead. peter schiff should have been given the entire hour on fast money, instead of only a seven minute spot. peter is an economist, the cnbc fast money people are traders so there's a huge difference there. my ear will be tuned in to peter in order to get a handle on the economy, not the retards at cnbc, including their other guest speakers.
Imagine going into the CNBC studio and bitch slapping those idiots like he did. I dont always agree with Schiff but I've got to admit he has the cajones.
Abolish the private jewish federal reserve.Since 1913 they have destroy the country.They have create wars,depressions and brought poverty to America,their final goal in total destruction.
Read this book for free on internet to understand all the problem America is facing.
@iflipedonDO SOMETHING!spread organic heirloom food seed far and wide,its called"johnny appleseed economics"or"gorrila gardens",spread more organic food. wake up everyone,do your part!IF YOU ARE angry,get seed and make a organic revolution your way.SPREAD THE ORGANIC SEED EVERYWHERE TELL OTHERS! INCREASE THE FOOD SUPPLY RIGHT NOW WHILE WE GOT TIME GROW VERTICAL GARDENS IF YOU DONT HAVE THE SPACE! START NOW!SOLAR ENERGY,HAM RADIO,WATER
AN ARMY IS ONLY AS STRONG AS ITS STOMACH! SPREAD THIS
they are now in the process of removing USA from holding the currency reserve, most of the world are now selling US dollers as its worth very little most places now wont even accept US dollers as its to high risk. New world currency is coming very soon ,when it does prices will sky rocket in America .
That ass clown in the blue tie looks like he just graduated high school. He needs to close his mouth and educate himself. Shame on CNBC for allowing such incompetence and ignorance on their show, Peter Schiff was right AGAIN!!!
Well we got a year left so take your credit cards and use them to buy gold then when it collapses at least you got some gold out of it........Jus kiddin...
derivatives=hidden inflation This is what happens when debt is turned into a private financial instrument that is not accounted for as a national bond. When such instruments account for 11 times the world GDP guess what that means? Huge amounts of money that are not reflected in national statistics. When it collapses though it will reflect.... Then what Peter Schiff is saying WILL all come true. It's crazy how Wall Street destroyed the west. Asia and BRIC countries are the future...
EVERYBODY SHOULD START WRITING "STOP NEW WORLD ORDER" ON ANY MONEY THAT THEY COME INTO CONTACT WITH, ITS A START, HOPEFULLY PEOPLE WILL CATCH ON AND THEN THEY WILL HAVE NO OTHER CHOICE BUT TO POSTPONE THEIR AGENDA, LONG ENOUGH FOR US TO COME UP WITH A PLAN TO STOP THEM
@MrAmericaisnumber1 fool , the left right paradigm is a lie to divide us. All politicians are beholden to the same people AKA big pharma , halliburton, GE and all the other corporations. This is a planned demolition of our economy by the global elites.
What he did not predict was that China is propping up the US dollar by devaluing it's Yuan. It has caused a race to keep other world currencies below the US dollar. Also he does not say that it would be a good thing to have a lower US dollar so that the US could export more goods and services at a lower price to other economies. So in the end this guy has got it all wrong.
We need to teach everyone how to fish so they can feed themselves one day when money will have less value than its functionality as shit paper .... and we just have to forget about the people who live in the desert - they really are fucked - poor Harry Reid and Nevada. It is now October 2010 and so far Peter is pretty much right in his predictions.
Every one should listen to Peter. He predicted the GFC with incredible accuracy and this interview was made in Jan 10. We are in October 10 now and look whats happening. Gold skyrocketing, the dollar collapsing and commodities boomin. Exactly like he sad then. He is our warning signal. Listen to him.
This is world war three people, when our dollar bottoms and Japan, China and every other country in the world ask for their money back (that we've been borrowing in large sums for the last decade) we will say "oops, we don't have your money... go fuck yourself..." and then they will launch attacks on us!
Hi guys. Your life depends on a few things. Water, shelter, and, FOOD. Do you understand how fragile your food supply is? Get FREE food. Go to (aplus.mysundanceglobal dotcom), Watch the video and sign up.This food has a 15 yr. shelf life..Get yours now........
There WILL BE default on the national debt even after the government tries to
inflate the money supply. There is simply no way to resolve it (too massive), financing the debt alone is crushing. The government knows it, and they know we know it but they cannot admit it. If taxes are raised it will hammer the private economy. Things have been mismanaged so long that conventional answers will no longer work.
After default you can probably imagine the political, social, economic consequences.
The economic data on come out in Aug is bad, continue decline GDP 6% to 4% to 1.6%. New house sale at record low. What is other option interest rate is zero. Why would anybody in the right mind buy long term t-bill at 3%. 71% US GDP is consumer spending, how do you expect consumer confident when people don't have job. When interest rate go to 5% , collapse will start to happen.
How can so many educated people be so ignorant and stupid? Don't they see the problem in lend to spend? Are they paid by big companies and government?
Don't you shiteating morons even read...Shiff's Euro Pacific Fund have lost investors 80% in the last three years..the guy's a dangerous to your wallet windbag that claims he predicted all sorts of crap...well after it happened..when he's questioned about it he stutters twice then launchs a tirade about the goverment...Wise Up..
this young kid in the blue tie thinks he knows everything.. he is perfect. he really believes. I used to be like that. But gold i guess. our kids, and future generations are slaves or on securities on stock exchange they borrow based on us slaves. Check your birth certificate number on the Stock exchange..pretty sad. slaves on paper. We have to SAVE... Europa doesnt buy nothing they are CHeAP they already know to SAVE. Ask a German, UKAYER they been saving. laws against this capitalism there
sometimes i think it was fun when i didnt understand stuff.when i didnt realize that this is what they do. They CRASH to build stuff back up. They keep people in DEBT. Being in DEBT means big profits for some. They have our birth certificates on the Stock Exchange.we are commodities or Chattle. They entertain our minds, keep us drugged on ADipex, prozac, whatever legal weed, whatever and BUDWIESER.. does beer make ya smart made bud more dumb you ask me not wiser. When we dont know we dont grow
oh this just keeps getting better and better. Peter used to debate 1 or 2 people at a time, but now they are trowing everything at him (what is this like 4-5 people) and he is still taking them on. He is schooling them like a teacher and they ask naive questions like they are his class.
If he gets elected for senate it's gonna get real interesting.
Did you hear any of these parrots warning the world of the impending collapse before it happened ? Will you hear sweat sounding music right up to the point that paper money becomes worthless ? Work it out for yourself !
The U.S economy is 71% consumer spending. What will kill the consumer spending, it higher taxes, increase in interest rate. Basically the two factor take money out consumer spending. Does the increase in money supply help, yes but world gone to far with zero interest rate. It is growing personal and gov debt will determine faith of U.S economy. Soon or later the spending on debt will stop.....
Gold shortage is basically result of the great Jewish gold robbery world wide, the basis and foundation for the so called New world order terror, which will only come when we don't do anything about it. From now on we will probably see Communist rioters and loudmouths screaming against "capitalism". This is also part of the Jewish world take over program. The Russian Soviet states were fully under Jewish control.It's a nightmare you don't want to be in.
Gold shortage is basically result of the great Jewish gold robbery world wide, the basis and foundation for the so called New world order terror, which will only come when we don't do anything about it. From now on we will probably see Communist rioters and loudmouths screaming against "capitalism". This is also part of the Jewish world take over program. The Russian Soviet states were fully under Jewish control.It's a nightmare you don't want to be in.
It's interesting, national media says the econmy is getting better, local news stations report that things are getting worse. Looks to me like things are getting worse.
infinite consumption, finite materials. all manufacturing in asian countries being controlled by US corporations??! This has to f***ing stop now. Start CARING about people an not money.
That guy on the left always wants to argue with Peter, it's unbelievable. He's as clueless now as the first time he tried to win a debate against him.
economic collapse yea right? a little off subject but how come we have basketball, football players, rapper, golf players ect sports icons who are involed with billion $ companys and yet were getting worse? somtimes u have too give back its doesnt add up 2 me we have people over here with bill gates money who can fix everything and yet we are loseing money, too keep it real there has 2 be another agenda in my opinion...
We live in a phony economy based on phony wealth. It collapsed in 2008 and the "Recovery Cheerleaders" want you to believe that they raised the Titanic and that it's all smooth sailing from here!
Peter is exactly right as usual - the other guys are blind. Amazingly Peter has a blind spot too. - "The global economy is probably gonna boom in the coming decade" (approx 6:02 ) If he believes this he doesn't know that global oil production is now in decline!
BANKRUPTSY NOW!!! Argentina did it in 2001 and now they're economy is booming. It would take a few years to recover, but it can happen. NEVER! EVER! put your money in property it's not only MORALLY wrong to charge someone every cent they make for rent or a mortgage, but the fact is that the good times ALWAYS come to an end and particularly in real estate! When are you fucking idiots going to produce something instead of buy! BUY BUY!You fucking morons did this to our country and I blame you all.
Nobody disagrees with Schiff other than times frame. peter's predictions are fundamentally sound but are still a long way off, and there are a lot of moving parts to a global economy that could allow US to change course. shrot term he's wrong, deflation is short term issue and since Fed/[politicians only focus on short term they'll continue to quant ease and stimulate
The US Dollar will not collapse. China and Japan have their currency "pegged" to the US Dollar. We are still the best consumer market on the planet... As long as that's true, China and Japan will continue to stick with the US Dollar. The US Dollar will lose some value, but all of this talk of the US Dollar collapsing is complete hype. China and Japan would lose their best customers! Peter Schiff is in the business of selling foreign currencies... He's trying to scare you into selling your USD's
lol they have to have that little paragraph at the end so cnbc isnt featured in the next schiff is right video cause they know he is right but need to stire up trouble during the interview to keep people watching
someone needs to give that moron cnbc guy with the lame slicked back hair a lesson in economics 101. "we're seeing the economy recover"... he's simply regurgitating shit that he heard on tv.
I love how that Chinese girl managed to be short and curt with Peter Schiff saying Peter, gotta go, thanks for the lively discussion as always. He can go onto a prophetic monologue and I wonder if you could get much words in if you see him in person once he gets his rants going.
Yeah well I'm not the one who voted for the man who crashed the world economy through deregulation and insane spending that devalued the American dollar
Who the fuck said anything about spending you dumb cunt? I was just saying that dumb shits like you are the ones who got us into this mess by voting for Bush, you stupid fucking hillbilly.
@Shadowlit001 classy response buddy. Just think about this though, you don't get out of a hole by digging deeper into it. You can try to deflect all of America's problems by blaming them on Bush, but at the end of the day, Bush is gone and the problems remain.
Yeah thats fucking true that the problems that Bush and you Republicunts made are still here. Too bad teh Demofags can't fix them you butt fucking homofaggot because you guys fucked that shit up so bad.
@Shadowlit001 Yes, your savior Obama is sure to fix our ailing economy by increasing federal spending and mandating a healthcare system our government is paying for by borrowing from countries like China.
LOL, I fucking hate Obama, hes just a corporate whore like all you Republicunts. You don't know shit boy, you just want to label me as an Obamabot you teabagging fuck.
@Shadowlit001 Yes, your savior Obama is sure to fix our ailing economy by increasing federal spending and mandating a healthcare system our government is paying for by borrowing billions from countries like China.
1:28, WORSE THAN WHAT?....... OMG insert Beavis and Butthead here, "uhhhhhhhh huh huh huh uhhh huh huh huh huh huh huh uhhhhhhhh, what a dumbass. Yeah huh huh huh huh huh!". These people should NOT even be on this show! Talking heads for Wall Street. Go Schiff!
who is that younger punk who keeps interrupting and saying "we are recovering"...what a blind moron...if we are recovering, then why are be going into more dept...duhhh
The credit and monetary policy of our nation is controlled by international bankers. Shares of the twelve Federal Reseerve banks are sold exclusively to member banks of their districts. This is a matter of law and anyone can read the Federal Reserve Act.
the economy today is like the highway to hell, were losing everything becuz of taxation and the fucking gas prices and i highly doubt the economy will ever get better especially with obama bin laden being president
Where do they find idiots that believe that the economy is recovering with no fact to support there claim aside from... "yes it is...???" Ignorance is bliss but damn...
peter hit it right on the head. that little dumbshit kid on the end is an idiot if he thinks that things are better in america. no wonder we are in so much trouble. america is fucked financially. peter said things totally the way they are.
"at the end of the year, you're going to see unemployment higher than it is today, inflation higher than it is today, and interest rates higher than they are today".
note to self:
-if he's right, im backing my bags and heading out of here.
but then again: he corrects himself and says, "at the end of the decade". this basically means he is bull***ting.
by the end of the decade comes around, few will remember this conversation.
Jacque Fresco- Search for Venus Project & Zeitgeist Movement- find Venus Petition, support and sign! A Resource Economic system (Global), NOT Money based economy! Live as one !!- Be part as the Venus Project ! Spread the word !
Well that SUCKS! Guess we should just prepare and stock food. Also anyone who hasn't read the book Patriots, please don't. Not for the crappy story which is to help you learn survival while being entertained. It teaches amazing skills.
just remember that oil is going to come to an end soon enough.... if not in a couple years most likely in ten so be careful, start planting gardens for your own food!
Romantic Brothers - "FLOWERS" is great track to discribe real situation. Relax and dance with Romantic Bros.... Scream depression out! WTF great dancehit! Isnt it about stupid war and economy? Yes it is... Yes We can sing like this!
The answer to this is that the stimulis package, paid for by the tax payers for years to come ,only gave money to the rich Wall Street criminals who gambled their money away.We bailed them out and thats it.The money went their way only.Nothing will go your way ever.I know by this time you hate me for saying this and I'm truely sorry however History teaches us that we have to fight hard to get it back.The misery will go on for a long time to come.Hang in there.
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The devil is losing and at the end will be judged for all the crimes. Live at the full in the freedom of GOD (praying in a right form, following the INSTRUCTIONS in the Bible - keeping the 10 commandments - including keeping the Saturday as the 7th day etc.) instead of in the incapacity and deception of devil. Jesus Christ is the savior, love and hope.
diptdipt 1 week ago
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Bernanke & Obama are just tools of the Ruling Elite.They actually orchestrated the financial collapse, so that giving bail-outs and stimulus can be justified.Through such hand-outs, the Ruling Elite got Billions of taxpayer money & expanded their empires more.That's why mainstream media, owned by the Ruling Elite, has been silent on Obama's non-eligibility.For Obama is a heartless mercenary.DOESN'T CARE FOR PEOPLE.Now he's selling military secrets to China to pay loans. PROFITS, NOT PEOPLE.
MichaelGuardia887 8 months ago
and peter was right we got more inflation and unemployment.
mcbain434444 9 months ago
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gold and silver bubble like the rest...
answer to economic hard times.. good income and health is everything...
wealth2011.organogold(dot)com/
change the dot to .
goldy1011 10 months ago
More smoke and mirrors! Enpty slogans empty promises, That is all TOTUS ObaMao will hand out this week That is all an empty suit CAN do!
The president has said that he misses being anonymous. Now that's something we both can agree on;
I too wish I had never heard of him!
onstageagain 10 months ago
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Really enjoyed you video informative. When you have time come visit my channel!
simplechocolatediet 11 months ago
Another 23 billion raised by Ireland. OMG. Total now 80 billion. EUROPE and UK under further pressure. Banks failing there ' financial stress ' tests. UK unemployment about 6 million now !!!, consumer price and retail price indexs about 4.7%. over 2.7% above Bank of England's target of 2%. A negative GDP by UK, ENGLAND, in the last quarter of the year. Is the Uk facing the double dip recession. The blind leading the blind, whose the bigger fool !!! Who will collapse first,UK, EUROPE OR USA.
kingwaldo100 11 months ago
too high, most jobs only gives you a week vacation after a year of service, it's either too hot or too cold, medical is ranked 47th in the country,dating just reached -80%, the list goes on. I only stayed because I was married. After my divorce is final, I'm finally out of these depressing city.
WilliamHCarney 11 months ago
Houses have always been OVER PRICED. Just like here in Hot Ass Las Vegas with house made out of stucco and chicken wire. Where over 50,000 residents had to sue a plumbing company for faulty work. They won by the way. No house in Clark County, Nevada should cost over $120k period. THEY ARE NOT WORTH IT. There are far more negatives here than positives. Schools ranked 50th in the country, no diversity, only casino jobs, 4th highest violent crime city in the country, registration of vehicles.......
WilliamHCarney 11 months ago
"There's no inflation anywhere." Thanks tips; you keep buying those bonds. I'll be sure to say hi when I see you living under the bridge in five years.
yaychuma 11 months ago
i love how the cnbc people minimize the bad stuff that's happening with our economy. i used to watch cnbc daily, but now i watch youtube instead. peter schiff should have been given the entire hour on fast money, instead of only a seven minute spot. peter is an economist, the cnbc fast money people are traders so there's a huge difference there. my ear will be tuned in to peter in order to get a handle on the economy, not the retards at cnbc, including their other guest speakers.
you5711 1 year ago
@Theoneandonly5811 ok man no biggie,true america is a tale of two cities ist it i mean look around its getting to be rich and poor,so sad.
amcanmike 1 year ago
@Theoneandonly5811 WHAT THE HELL ARE YOU INSULTING ME FOR PINHEAD IM REPORTING THE ECONOMIC REPORT FOR 2010 FROM THE BUSNESS COUNCIL.
amcanmike 1 year ago
Imagine going into the CNBC studio and bitch slapping those idiots like he did. I dont always agree with Schiff but I've got to admit he has the cajones.
librazone 1 year ago
The bobbleheads of CNBC get hammered...and in their own studio no less. Especially little Timmy Seymour... the BS artist.
librazone 1 year ago
Check out "THE WORLD" by JAH-K
This is the NEW song for the world inside...
ty ..JAH-K
JustAnotherHumanKind 1 year ago
Abolish the private jewish federal reserve.Since 1913 they have destroy the country.They have create wars,depressions and brought poverty to America,their final goal in total destruction.
Read this book for free on internet to understand all the problem America is facing.
Who Is Esau-Edom...Who Is Esau-Edom..
MsMihailescu 1 year ago
DOOM UP, 'MURRIKA!!!
motelcalifornia 1 year ago
WARN THE WORLD PLEASE!!
NOT JUST ABOUT THIS BUT THE END OF DAYS!
I WISH IT WAS A JOKE OR SOMTHING MADE UP BUT THE SIGNS ARE CLEAR.
iflipedontheskill 1 year ago
@iflipedonDO SOMETHING!spread organic heirloom food seed far and wide,its called"johnny appleseed economics"or"gorrila gardens",spread more organic food. wake up everyone,do your part!IF YOU ARE angry,get seed and make a organic revolution your way.SPREAD THE ORGANIC SEED EVERYWHERE TELL OTHERS! INCREASE THE FOOD SUPPLY RIGHT NOW WHILE WE GOT TIME GROW VERTICAL GARDENS IF YOU DONT HAVE THE SPACE! START NOW!SOLAR ENERGY,HAM RADIO,WATER
AN ARMY IS ONLY AS STRONG AS ITS STOMACH! SPREAD THIS
boxa888 1 year ago
@iflipedontheskill DONT BE A DOOM AND GLOOMER IT WILL BE OK
amcanmike 1 year ago
But all we export (aside from food) is porn and weapons!
Sincerely,
Tom David
Minneapolis
TomDavid88 1 year ago
they are now in the process of removing USA from holding the currency reserve, most of the world are now selling US dollers as its worth very little most places now wont even accept US dollers as its to high risk. New world currency is coming very soon ,when it does prices will sky rocket in America .
Glendale1835 1 year ago
WRONG AGAIN SCHIFF, AMERICA IS DOING GREAT, BEST CHRISTMAS IN 30 YEARS BOOM TIMES AHEAD.
amcanmike 1 year ago
That ass clown in the blue tie looks like he just graduated high school. He needs to close his mouth and educate himself. Shame on CNBC for allowing such incompetence and ignorance on their show, Peter Schiff was right AGAIN!!!
btrimarchi 1 year ago
Well we got a year left so take your credit cards and use them to buy gold then when it collapses at least you got some gold out of it........Jus kiddin...
sheeplereaper 1 year ago
Tell us about it Peter...! But hate when you talk over each other, drives me Nuts.!!!
kentucky9000 1 year ago
Tell us about it Peter...!
kentucky9000 1 year ago
When the US will totally collapse, there will be no carpet bombings, no more depleted uranium ammunition used against children and women over seas.
People won't have to sleep and worry when the US bombs will drop on their heads.
Karma is a nasty Bitch! The Great Satan deserves it !
DancingET 1 year ago
derivatives=hidden inflation This is what happens when debt is turned into a private financial instrument that is not accounted for as a national bond. When such instruments account for 11 times the world GDP guess what that means? Huge amounts of money that are not reflected in national statistics. When it collapses though it will reflect.... Then what Peter Schiff is saying WILL all come true. It's crazy how Wall Street destroyed the west. Asia and BRIC countries are the future...
cmorganis 1 year ago
A quality asskicking.
StuPedassle711 1 year ago
If the money goes into the GDP consumer market then inflation will occur.
So far most of the inflation is sent abroad.
strawdog1234567 1 year ago
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EVERYBODY SHOULD START WRITING "STOP NEW WORLD ORDER" ON ANY MONEY THAT THEY COME INTO CONTACT WITH, ITS A START, HOPEFULLY PEOPLE WILL CATCH ON AND THEN THEY WILL HAVE NO OTHER CHOICE BUT TO POSTPONE THEIR AGENDA, LONG ENOUGH FOR US TO COME UP WITH A PLAN TO STOP THEM
Turkiloo 1 year ago
that's why i've been buying the yuan all year,already made some money...us dollar is crap(the new peso)
sidkay 1 year ago
Well, less than a year later, TOTALLY PROVEN WRONG!!!!
CorrectAngleAdmin 1 year ago
@CorrectAngleAdmin Are you talking about Peter Schiff?
StuPedassle711 1 year ago
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¨end of the day¨= ¨end of the year¨
to the Lord a day is like a thousand years and a thousand years is like a day.
the year is 5997
TheSol1dsnake 1 year ago
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¨end of the day ¨ = ¨end of the year¨
to the Lord a day is like a thousand years and a thousand years like a day .
TheSol1dsnake 1 year ago
the economy is fine there never was a recession the liberals are just lying there never will be a collapse its impossible
MrAmericaisnumber1 1 year ago
@MrAmericaisnumber1 fool , the left right paradigm is a lie to divide us. All politicians are beholden to the same people AKA big pharma , halliburton, GE and all the other corporations. This is a planned demolition of our economy by the global elites.
rtarp1 1 year ago 9
Comment removed
MrAmericaisnumber1 1 year ago
@MrAmericaisnumber1 this comment reminds me of 1991 for some reason.....
Poonard 1 year ago
LONG STORY SHORT... WE'RE FUCKED!!!
BossHannah1 1 year ago 7
What he did not predict was that China is propping up the US dollar by devaluing it's Yuan. It has caused a race to keep other world currencies below the US dollar. Also he does not say that it would be a good thing to have a lower US dollar so that the US could export more goods and services at a lower price to other economies. So in the end this guy has got it all wrong.
weasle67 1 year ago
We need to teach everyone how to fish so they can feed themselves one day when money will have less value than its functionality as shit paper .... and we just have to forget about the people who live in the desert - they really are fucked - poor Harry Reid and Nevada. It is now October 2010 and so far Peter is pretty much right in his predictions.
MrDoublehappy 1 year ago
Every one should listen to Peter. He predicted the GFC with incredible accuracy and this interview was made in Jan 10. We are in October 10 now and look whats happening. Gold skyrocketing, the dollar collapsing and commodities boomin. Exactly like he sad then. He is our warning signal. Listen to him.
colinliotta 1 year ago
This is world war three people, when our dollar bottoms and Japan, China and every other country in the world ask for their money back (that we've been borrowing in large sums for the last decade) we will say "oops, we don't have your money... go fuck yourself..." and then they will launch attacks on us!
tarantula152 1 year ago 3
that idiot is obviously paid to argue with Peter...
angie7dino 1 year ago 3
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Hi guys. Your life depends on a few things. Water, shelter, and, FOOD. Do you understand how fragile your food supply is? Get FREE food. Go to (aplus.mysundanceglobal dotcom), Watch the video and sign up.This food has a 15 yr. shelf life..Get yours now........
JhonnyQuest2012 1 year ago
US Recession is over. Just read the updated news today.
TheIxtlan 1 year ago
this is SCARY accurate. i am doin a SS fair project on depression recession and inflation and i hav been researchin and this is VERY accurate!!!
farmgirl1323 1 year ago
Friendly greeting
DespotStefan
DespotStefan09 1 year ago
we have been whistling past the graveyard(s) for a long time, on our way to the final dig
bradq 1 year ago
This is so true the dollar is just a sinking ship buy swiss francs. America's economy has been unsteady and will reaming this way fro days.
MrLivetoride2 1 year ago
There WILL BE default on the national debt even after the government tries to
inflate the money supply. There is simply no way to resolve it (too massive), financing the debt alone is crushing. The government knows it, and they know we know it but they cannot admit it. If taxes are raised it will hammer the private economy. Things have been mismanaged so long that conventional answers will no longer work.
After default you can probably imagine the political, social, economic consequences.
oyhacrnnR 1 year ago
If you are a California Resident, invest in Medicinal Cannabis! It is a key element to thousands if not millions of benificial products.
MattyTheMole 1 year ago
theyre pretty much just laughing at him
unphazed123 1 year ago
the guy on the left is a liitle corruptling paid off by wallstreet, thats obvious.
TheDalien 1 year ago
That guy on the left really needs to SHUT THE FUCK UP.
overclockinggurus 1 year ago
Peter is the man. NoBama keep the change is out to destroy this country.
dmkwils 1 year ago
The economic data on come out in Aug is bad, continue decline GDP 6% to 4% to 1.6%. New house sale at record low. What is other option interest rate is zero. Why would anybody in the right mind buy long term t-bill at 3%. 71% US GDP is consumer spending, how do you expect consumer confident when people don't have job. When interest rate go to 5% , collapse will start to happen.
tomabc2003 1 year ago
How can so many educated people be so ignorant and stupid? Don't they see the problem in lend to spend? Are they paid by big companies and government?
actionphotonet 1 year ago 2
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Timmy open your eyes and ears and pay attention to the master.
mkmason2002 1 year ago
woot
pendejadafcc 1 year ago
Doomed
LIPS20201 1 year ago
Don't you shiteating morons even read...Shiff's Euro Pacific Fund have lost investors 80% in the last three years..the guy's a dangerous to your wallet windbag that claims he predicted all sorts of crap...well after it happened..when he's questioned about it he stutters twice then launchs a tirade about the goverment...Wise Up..
bellcord 1 year ago
@bellcord So is Gerald Celente also full of *@#%???
Crimble67 1 year ago
Third world people = third world country
PrivateAccount9003 1 year ago
Schiff has been so amazingly spot on with everything he predicts. He says the Dollar will be down 50% by 2011. Sends a chill down my spine.
DKPrepper 1 year ago
dude was owned! nice job shiff!
cetnik03 1 year ago
two thumbs up!
RevMac777 1 year ago
everyone is going to be homeless
BobbyBoy360 1 year ago
i cant believe people still have there head in there ass! why are they fighting whats real?
689362003 1 year ago
This is COMMON SENSE for people who AREN'T Retards
opios80 1 year ago
this young kid in the blue tie thinks he knows everything.. he is perfect. he really believes. I used to be like that. But gold i guess. our kids, and future generations are slaves or on securities on stock exchange they borrow based on us slaves. Check your birth certificate number on the Stock exchange..pretty sad. slaves on paper. We have to SAVE... Europa doesnt buy nothing they are CHeAP they already know to SAVE. Ask a German, UKAYER they been saving. laws against this capitalism there
WonderWomanFan4life 1 year ago
sometimes i think it was fun when i didnt understand stuff.when i didnt realize that this is what they do. They CRASH to build stuff back up. They keep people in DEBT. Being in DEBT means big profits for some. They have our birth certificates on the Stock Exchange.we are commodities or Chattle. They entertain our minds, keep us drugged on ADipex, prozac, whatever legal weed, whatever and BUDWIESER.. does beer make ya smart made bud more dumb you ask me not wiser. When we dont know we dont grow
WonderWomanFan4life 1 year ago
These other guys/ gals are just trying to make money off lieing to there investors.
They said the same thing last year.
Did these people flunk out of economics or are they hanging on with sweating finger tips.
DarkMonkArt 1 year ago
oh this just keeps getting better and better. Peter used to debate 1 or 2 people at a time, but now they are trowing everything at him (what is this like 4-5 people) and he is still taking them on. He is schooling them like a teacher and they ask naive questions like they are his class.
If he gets elected for senate it's gonna get real interesting.
offtopic13 1 year ago
buy dog shit its got more value than most paper money
realkingkado 1 year ago
Did you hear any of these parrots warning the world of the impending collapse before it happened ? Will you hear sweat sounding music right up to the point that paper money becomes worthless ? Work it out for yourself !
1929spectre 1 year ago
The U.S economy is 71% consumer spending. What will kill the consumer spending, it higher taxes, increase in interest rate. Basically the two factor take money out consumer spending. Does the increase in money supply help, yes but world gone to far with zero interest rate. It is growing personal and gov debt will determine faith of U.S economy. Soon or later the spending on debt will stop.....
tomabc2003 1 year ago
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Gold shortage is basically result of the great Jewish gold robbery world wide, the basis and foundation for the so called New world order terror, which will only come when we don't do anything about it. From now on we will probably see Communist rioters and loudmouths screaming against "capitalism". This is also part of the Jewish world take over program. The Russian Soviet states were fully under Jewish control.It's a nightmare you don't want to be in.
lithopoonwit 1 year ago
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Gold shortage is basically result of the great Jewish gold robbery world wide, the basis and foundation for the so called New world order terror, which will only come when we don't do anything about it. From now on we will probably see Communist rioters and loudmouths screaming against "capitalism". This is also part of the Jewish world take over program. The Russian Soviet states were fully under Jewish control.It's a nightmare you don't want to be in.
lithopoonwit 1 year ago
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President Barack Obama will take care of the US economy.
TheIxtlan 1 year ago
It's interesting, national media says the econmy is getting better, local news stations report that things are getting worse. Looks to me like things are getting worse.
MsTheresaKelly1 1 year ago
infinite consumption, finite materials. all manufacturing in asian countries being controlled by US corporations??! This has to f***ing stop now. Start CARING about people an not money.
Evision5 1 year ago
@WSCybertraders I agree it won't be much longer, give it a few years and everything will come crashing down.
poopingeneral 1 year ago
He whipped the MSM ass!!!
PremierLegend 1 year ago
Peter Schiff really put that guy on the left in his place!
poopingeneral 1 year ago 38
@poopingeneral
That guy on the left always wants to argue with Peter, it's unbelievable. He's as clueless now as the first time he tried to win a debate against him.
rmccay88 1 year ago 2
@poopingeneral That guy on the left is an arrogant imbecile.
amerenio 1 year ago 4
economic collapse yea right? a little off subject but how come we have basketball, football players, rapper, golf players ect sports icons who are involed with billion $ companys and yet were getting worse? somtimes u have too give back its doesnt add up 2 me we have people over here with bill gates money who can fix everything and yet we are loseing money, too keep it real there has 2 be another agenda in my opinion...
kepeit100 1 year ago
We live in a phony economy based on phony wealth. It collapsed in 2008 and the "Recovery Cheerleaders" want you to believe that they raised the Titanic and that it's all smooth sailing from here!
THE DOUBLE DIP IS COMING...hold on tight.
JesusManson323 1 year ago 4
These morons don't have a clue. They are glorified car salesmen. Except Peter.
daves4mtb 1 year ago
The US economic collapse is cause by the MAYAN 2012 FACTOR.
TheIxtlan 1 year ago
Peter is exactly right as usual - the other guys are blind. Amazingly Peter has a blind spot too. - "The global economy is probably gonna boom in the coming decade" (approx 6:02 ) If he believes this he doesn't know that global oil production is now in decline!
zoroastra999 1 year ago
what is the symbol for gold, how can you buy it on the markets?
uwmbigb 1 year ago
TIM YOUR A FUCKING LOSER, LET PETE TALK.
ITS JULY 2010 THE ECONOMY IS CRASHING AGAIN.
SO TIM IS IT GETTING BETTER ASSHOLE?
1977Jaybone 1 year ago 4
BANKRUPTSY NOW!!! Argentina did it in 2001 and now they're economy is booming. It would take a few years to recover, but it can happen. NEVER! EVER! put your money in property it's not only MORALLY wrong to charge someone every cent they make for rent or a mortgage, but the fact is that the good times ALWAYS come to an end and particularly in real estate! When are you fucking idiots going to produce something instead of buy! BUY BUY!You fucking morons did this to our country and I blame you all.
taosimplicity 1 year ago
Interest rates too low? Jesus. People are paying 24, 27, 34 percent interest on loans.
skorpionking66 1 year ago
Get ready for a DOUBLE DIP...we are so fucked.
JesusManson323 1 year ago
@JesusManson323
We haven't got out of the first dip!
TMartinus 1 year ago
"Put those pieces together."
Get ready for a bad time. Get ready to grow your own food. Get ready to figure out that banks are not your friend.
Peace.
bobbygnosis 1 year ago
Nobody disagrees with Schiff other than times frame. peter's predictions are fundamentally sound but are still a long way off, and there are a lot of moving parts to a global economy that could allow US to change course. shrot term he's wrong, deflation is short term issue and since Fed/[politicians only focus on short term they'll continue to quant ease and stimulate
Duds47 1 year ago
anyone else catch the music turnning on when the guy said to "not invest in the U.S"
RakeBone 1 year ago
The US Dollar will not collapse. China and Japan have their currency "pegged" to the US Dollar. We are still the best consumer market on the planet... As long as that's true, China and Japan will continue to stick with the US Dollar. The US Dollar will lose some value, but all of this talk of the US Dollar collapsing is complete hype. China and Japan would lose their best customers! Peter Schiff is in the business of selling foreign currencies... He's trying to scare you into selling your USD's
jcoopercam 1 year ago
@jcoopercam but what happens when their currencies go under?
secretsquirrell13 1 year ago
@jcoopercam didn't you here that china and japan dumped it i dont think its that strong anymore
cj2lapaix 1 year ago
lol they have to have that little paragraph at the end so cnbc isnt featured in the next schiff is right video cause they know he is right but need to stire up trouble during the interview to keep people watching
93tillinfinitySON 1 year ago
We're fucked.
Diosibundo 1 year ago 4
@Diosibundo yea,you might as well bend over.
SuperLightheaded 1 year ago
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@Diosibundo No we are not!
jcoopercam 1 year ago
@jcoopercam
Really? Phew! That's a relief, thanks!
Diosibundo 1 year ago
@Diosibundo ...so...what now? :(
kukycuen 1 year ago
Will this effect the rest of the world.
teslaglobal 1 year ago
"The beginnings of sorrows"
ferrari4sale 1 year ago 16
whos this bum with the blue tie on the left , haha. look at his stupid face, schmuck
osumb17 1 year ago
@osumb17 probsably richer than you.
Not as recourcefull.
teslaglobal 1 year ago
schiff is so much smarter than these poor talking heads
thoughtraid 1 year ago
Peter Schiff is on the money.
amanwithdreams 1 year ago 2
someone needs to give that moron cnbc guy with the lame slicked back hair a lesson in economics 101. "we're seeing the economy recover"... he's simply regurgitating shit that he heard on tv.
nolaOE800 1 year ago
I love how that Chinese girl managed to be short and curt with Peter Schiff saying Peter, gotta go, thanks for the lively discussion as always. He can go onto a prophetic monologue and I wonder if you could get much words in if you see him in person once he gets his rants going.
doubleestark 1 year ago
Well, looks like America has to pay for electing Bush twice. Serves them right.
Shadowlit001 1 year ago
@Shadowlit001 You're obviously an idiot.
stiehler1117 1 year ago
@stiehler1117
Yeah well I'm not the one who voted for the man who crashed the world economy through deregulation and insane spending that devalued the American dollar
Shadowlit001 1 year ago
@Shadowlit001 Yeah, so let's triple federal spending, that'll save us.
VortigernPendragon 1 year ago 3
@VortigernPendragon
Who the fuck said anything about spending you dumb cunt? I was just saying that dumb shits like you are the ones who got us into this mess by voting for Bush, you stupid fucking hillbilly.
Shadowlit001 1 year ago
@Shadowlit001 classy response buddy. Just think about this though, you don't get out of a hole by digging deeper into it. You can try to deflect all of America's problems by blaming them on Bush, but at the end of the day, Bush is gone and the problems remain.
VortigernPendragon 1 year ago
@VortigernPendragon
Yeah thats fucking true that the problems that Bush and you Republicunts made are still here. Too bad teh Demofags can't fix them you butt fucking homofaggot because you guys fucked that shit up so bad.
Shadowlit001 1 year ago
@VortigernPendragon
He's not worth arguing with, he is nothing but a troll.
stiehler1117 1 year ago
@Shadowlit001 You are ignorant and not worth arguing with.
stiehler1117 1 year ago
@VortigernPendragon
Isn't that the truth!
stiehler1117 1 year ago
@Shadowlit001 Yes, your savior Obama is sure to fix our ailing economy by increasing federal spending and mandating a healthcare system our government is paying for by borrowing from countries like China.
stiehler1117 1 year ago
@stiehler1117
LOL, I fucking hate Obama, hes just a corporate whore like all you Republicunts. You don't know shit boy, you just want to label me as an Obamabot you teabagging fuck.
Shadowlit001 1 year ago
@Shadowlit001 and you're a tool who hates life.
stiehler1117 1 year ago
@stiehler1117
No I just hate teabagging trash like you who voted for Bush twice, nice going buddy.
Shadowlit001 1 year ago
@Shadowlit001
btw, I didn't vote for Bush twice. You are simply a hateful, despicable human being who is pissed off at the world
stiehler1117 1 year ago
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@Shadowlit001 Yes, your savior Obama is sure to fix our ailing economy by increasing federal spending and mandating a healthcare system our government is paying for by borrowing billions from countries like China.
stiehler1117 1 year ago
1:28, WORSE THAN WHAT?....... OMG insert Beavis and Butthead here, "uhhhhhhhh huh huh huh uhhh huh huh huh huh huh huh uhhhhhhhh, what a dumbass. Yeah huh huh huh huh huh!". These people should NOT even be on this show! Talking heads for Wall Street. Go Schiff!
6GUNSOUTH 1 year ago 4
who is that younger punk who keeps interrupting and saying "we are recovering"...what a blind moron...if we are recovering, then why are be going into more dept...duhhh
wordwarrior42 1 year ago 5
@WSCybertraders its like its done on purpose
marshall2411 1 year ago
If our nation is printing new money, then we are gonna hav inflation.
mentalshade 1 year ago
YEAH give those retarded reporters the wap wap wap
MirageScience 1 year ago
these guys talking to schiff should just put their hands over their ears "i cant hear you!! i cant hear you!!"
because thats the message they giving
malangsob 1 year ago
The credit and monetary policy of our nation is controlled by international bankers. Shares of the twelve Federal Reseerve banks are sold exclusively to member banks of their districts. This is a matter of law and anyone can read the Federal Reserve Act.
rellime 1 year ago
LET PETE TALK U LOSERS ON CNBC
1977Jaybone 1 year ago
@1977Jaybone your darn right you tell them... Im so with you.. why people so blind grr
superman1983z 1 year ago
who is that idiot saying the economi is getting better?:s?
killerbam1234 1 year ago
The stock market just plunged 1,000 points today within 30 minutes.
Does anyone want to still tell me that all is well and we are on stable ground?
JesusManson323 1 year ago
A travesty... when something so consequential must burden the futures of our youth.
jlo3191 1 year ago
the economy today is like the highway to hell, were losing everything becuz of taxation and the fucking gas prices and i highly doubt the economy will ever get better especially with obama bin laden being president
ozzyosbournefan08 1 year ago
There is great inflation. Everything and I mean everything I buy has gone up a lot in the last 2 years. Lay in beans and bullets. You will need them.
georgeky1 1 year ago
and he adds... "Theres no inflation anywhere..." What a fucking degenerate moron- for gods sake. He looks like he needs to be slapped.
Aaronator01 1 year ago
Where do they find idiots that believe that the economy is recovering with no fact to support there claim aside from... "yes it is...???" Ignorance is bliss but damn...
Aaronator01 1 year ago
Schiff proves the old saying that the winner of any argument is the loudest in the room (no matter if they are RIGHT or WRONG).
getnbusy2nite 1 year ago
peter hit it right on the head. that little dumbshit kid on the end is an idiot if he thinks that things are better in america. no wonder we are in so much trouble. america is fucked financially. peter said things totally the way they are.
tonytonytee 1 year ago
Don't be afraid of the dollar declining there is plenty to go around online. Learn how from an expert in online marketing danagoetz....com
Goetzitdone 1 year ago
"at the end of the year, you're going to see unemployment higher than it is today, inflation higher than it is today, and interest rates higher than they are today".
note to self:
-if he's right, im backing my bags and heading out of here.
but then again: he corrects himself and says, "at the end of the decade". this basically means he is bull***ting.
by the end of the decade comes around, few will remember this conversation.
pwnrzero 1 year ago
@WSCybertraders Search for
"DEBT SCARY COMPARISONS"
eliasmouawad 1 year ago
Jacque Fresco- Search for Venus Project & Zeitgeist Movement- find Venus Petition, support and sign! A Resource Economic system (Global), NOT Money based economy! Live as one !!- Be part as the Venus Project ! Spread the word !
AoEnigMoonxPhase 1 year ago
hey tim, shut up and learn.
thebruno44 1 year ago 29
Well that SUCKS! Guess we should just prepare and stock food. Also anyone who hasn't read the book Patriots, please don't. Not for the crappy story which is to help you learn survival while being entertained. It teaches amazing skills.
deathdealer1995 1 year ago
Your a dreamer.
barfmeoutdude 1 year ago
Preach the truth brother.
Orules12 1 year ago
just remember that oil is going to come to an end soon enough.... if not in a couple years most likely in ten so be careful, start planting gardens for your own food!
TellinTheTruth 1 year ago
my god, let the man speak...... so many interuptions from clearly uneducated people
TellinTheTruth 1 year ago 4
Romantic Brothers - "FLOWERS" is great track to discribe real situation. Relax and dance with Romantic Bros.... Scream depression out! WTF great dancehit! Isnt it about stupid war and economy? Yes it is... Yes We can sing like this!
StarRockJohn 1 year ago
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The answer to this is that the stimulis package, paid for by the tax payers for years to come ,only gave money to the rich Wall Street criminals who gambled their money away.We bailed them out and thats it.The money went their way only.Nothing will go your way ever.I know by this time you hate me for saying this and I'm truely sorry however History teaches us that we have to fight hard to get it back.The misery will go on for a long time to come.Hang in there.
archieknaud 1 year ago
Dopeler Effect: The tendency of stupid ideas to seem smarter when they come at you rapidly.
TYX91101 1 year ago