What if there was already right now a big percentage of fairly healthy people that, whatever they'd die, no matter how hard they tried, no matter how much they studied or improved themselves - they could not make enough to live, eat, house. clothe and receive medical care. Would this be the fault of these people, or might the world we live simply no longer need the labor of these people? There simply is no demand for anything these people might do? What if this percentage of people was GROWING?
exactly even though peter shift was right, they dont want to hear that the government is doing bad, or that the american empire is going to collapse, cause the media doesnt want that drama, they want to hear about celebrity feuds, but doom and gloom and talking crap about the US hahaha thats a no go!
I don't understand how at even the most basic level, the average investor can't see the impact that excessive debt has on the markets. Thoe who fail to learn from history (any history) are doomed to repeat it. Words to live by.
As a true Bull, I'm pretty impressed with his predications, as well as how he held his ground.
Some of the vids show the Dow chart, as he's making his predictions. (on other videos) That makes him pretty compelling when you see the Dow at 12,000 or so, then you see him talking about problems ahead...you have to say "wow."
I'll be happy to see Perter Schiff say things are looking better, as I've come to respect his views.
Things are looking better because the fed is increasing the money supply at around a 10% rate (M2,MZM), which is unprecedented in recent history. M3 is running at 16%. The Fed since june till march 2010 will buy 1.75 trillion assets. Thats the "recovery", inflation gets to high levels or foreigners pressure the US to strengthen the dollar then we will have another recession. Pobably a couple of years down the road.
This has been flagged as spam show
What if there was already right now a big percentage of fairly healthy people that, whatever they'd die, no matter how hard they tried, no matter how much they studied or improved themselves - they could not make enough to live, eat, house. clothe and receive medical care. Would this be the fault of these people, or might the world we live simply no longer need the labor of these people? There simply is no demand for anything these people might do? What if this percentage of people was GROWING?
KhanneaSuntzu 4 months ago
exactly even though peter shift was right, they dont want to hear that the government is doing bad, or that the american empire is going to collapse, cause the media doesnt want that drama, they want to hear about celebrity feuds, but doom and gloom and talking crap about the US hahaha thats a no go!
a13solute 7 months ago
good interview, completely misleading title
cknwngonstrng 1 year ago
We should have low taxes and floating interest rates.
Right now people aren't putting money in the bank because of artificial low rates.
And this is supposed to help business. lol.
Thetruthishere11 2 years ago
I don't understand how at even the most basic level, the average investor can't see the impact that excessive debt has on the markets. Thoe who fail to learn from history (any history) are doomed to repeat it. Words to live by.
Budney420 2 years ago
As a true Bull, I'm pretty impressed with his predications, as well as how he held his ground.
Some of the vids show the Dow chart, as he's making his predictions. (on other videos) That makes him pretty compelling when you see the Dow at 12,000 or so, then you see him talking about problems ahead...you have to say "wow."
I'll be happy to see Perter Schiff say things are looking better, as I've come to respect his views.
jnibori 2 years ago 2
Things are looking better because the fed is increasing the money supply at around a 10% rate (M2,MZM), which is unprecedented in recent history. M3 is running at 16%. The Fed since june till march 2010 will buy 1.75 trillion assets. Thats the "recovery", inflation gets to high levels or foreigners pressure the US to strengthen the dollar then we will have another recession. Pobably a couple of years down the road.
asierra1492 2 years ago
"Extremism in defense of Liberty is no vice."
-Barry Goldwater
CountArtha 2 years ago
Peter Schiff has been upright and transparent in his public dealings.
Then in 1-2 years time, we see his predictions come true.
People are being starved of truth.
UKSecretCourts 2 years ago 2
now i see how Noah must have felt
crabtrap 2 years ago 2
the vid title is misleading, the journalist used a reasonable caveat before calling him "extremist" - said it's for media standards.
kajet1 2 years ago 5
it is a tactic to get people's attention :)
rumco 2 years ago
Keep up the good work Peter. Dogs bark all the time but as humans we don't bark back at them.
iftyshifty 2 years ago