February 2006 Peter Schiff U.S. Bubble Economy Part 4 of 5

[CeoOfKFC]

What do you want to call what we are in now?

[brian12934]

I propose the name to be "Happy Sunshine Greatcession" CeoOfKFC.

Love those buckets dude.

[yahoovisitor]

The way Earthquake affected people afraid of their cracked walls & roofs to be falling on them are sitting under the open sky in the chilled cold, similarly the US investors afraid of declining economy are not investing any more in the collapsed US financial crisis scared of their investments to distort in the suicide economy, thus making the US economy balloon burst altogether. 3:54 And (the unbelievers) plotted and planned, and Allah too planned, and the best of planners is Allah.

[ngonea]

And what about the phony money the bank loans that they do not have, because of fractional lending policies? What will the banks do if ppl stop buying into the scam of the Money Lenders? see "Money as Debt" this is a simply transfer of wealth same as happened in 1929, a planned economic collapse, and the Int'l Money Masters now usurp the producers wealth.

Because when you signed your mortgage the bank loaned that money out of thin air, now they foreclose your house and resale "real property"

[erushbass]

another idiot who dosnt understand capitalism....

[stealthpakfa]

this is just god finally punishing america for the crimes its inflicted to the world! god always rules!

[erushbass]

god dosnt exist.neither does santa clause either by the way.

[fluff125]

What crimes? You mean a higher standard of living for billions of people? You mean inventing cars, airplanes, electricity, telephones, computers, vaccinations, etc?

[stealthpakfa]

no, for the 1 billion humans that america has slaughtered like dogs since its beginning.

america is a curse on the human race.

the collapse and end of america cant come sooner, whatever comes after that i dont care, but america has to go the same way the soviets did, collapse and break up into irrelevance.

[sludgedozer]

Sentinel4truth said it right on the money. I can't believe I just discovered Peter Schiff. If Jesse Ventura was vice president would be awesome. It is so sad that the Illuminati will be using a black dude in the spotlight when the shit hits the fan!!!!!!

[Eszekial]

Amazing. How do I invest /w this guy?

[KingDrudge]

your probably right

[KingDrudge]

In a way, I almost feel sorry for Obama. He is going to inherit the biggest recession in YEARS. For all the talk about Bush being dumb, at least he will be smart enough not to be around when shit really hits the fan.

Poor Barack, that law degree isnt gonna mean anything when oil hits $150 a barrell and the Chinese or Japanese buy Bank of America.

[Sentinel4truth]

Amazingly prescient. The Talmud asks who is wise? He who can see the future. Peter Schiff is the most wise commentator on the economy in our time. I wish Ron Paul could be president with him as Sec. Treasury and then we could get started cleaning up this horrific mess. Unfotunately the depression that will occur will last until 2025.

[txteamtech]

Absolutely uncanny look into the future. He nailed it.

[ronheri]

Peter Schiff for President! Well maybe Secretery of Treasury under Ron Paul. The Depression is coming like he says. Get out of debt, buy food; stay close to your family. God help us.

[markymarkuss777]

You're right brother. Severe Recession 2008, MOTHER OF ALL DEPRESSIONS 2009. Get ready!

[suki2011]

right on brother i am buying gold

[visionvictory]

Wow, Peter Schiff GETS IT. The U.S. is heading into the most severe depression the world has ever seen. Imagine a society dependant on technology heading into a 20th century depression with 40% unemployment, hyper-inflation, food shortages, riots that dwarf LA 1992 and Katrina 2005. In fact take Katrina and times it by every major city in the United States. If you want to survive buy, gold, guns, and lots of food.

[luzzimike]

You're right Mgilbo1 every realtor should listen to this, but you must understand that I'm in the mortgage business and I was explaining things like this about 5-6 months ago.... and people just look at me shake their heads and laugh...

Take advantage of the truth each way you can....

[markymarkuss777]

that's the average American citizen for yuh. Their heads are so far gone into leisure and luxury they have NO TIME to even be or feel concerned that it could all come to an end someday. GOD is angry with America's mindset of leisure over everything else. It's all coming down. GOD tried to get our attention with 9/11 and Hurricane Katrina, but unfortunately it did nothing.

[markymarkuss777]

The debit visa cards given to the Katrina survivors were used to buy purses, cosmetic surgery, and other JUNK that you'd think a person who just lost everything in a hurricane would have at the bottom of their list of items to get. It really showed me the state of America and how vain we've all become. Leisure, and fashion are more important than the basic necessities of life. GOD has to bring this MOTHER OF ALL DEPRESSIONS to get our minds straightened out. Thank you Jesus.

[rubenximenes]

Go explain that to the average American...Better not even try or I might end up being accused of anti-patriotism and fear monger...

[mgilbo1]

Every realtor should listen to this video so they wake up to reality and stop cheerleading a false market.