Peter Schiff 11/13/06 - WRMBA meeting [Part 2]

[jobedied]

His simple explanations bring to earth these complex schemes that these wall street noble prize winners believe are quantum mechanical mathematical magic investment vehicles ,that are really ponzi schemes packaged to pass as miracles. This political banking club of Ivy League morons believe they can levitate and create an economy based on pie in the sky castles and that this is real wealth.

[delatroy]

Agreed, very good grasp of the underlying forces and an excellent, persuasive speaker. His predictions have terrifying consequences which are unfolding at the moment.

[dlmaniac]

Peter was so on almost 3 years ago. Unbelievable. 5-star wisdom.

[kajgtlkjglkgj]

Could not agree more. I listened to his recent lecture at Mises Institute again this morning -- he is worthy of multiple listenings.