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this genius looks like a prophet right now. too bad not enough people listened to him (they all listened to the other clowns instead).
quick41 3 years ago
"Financial market conditions...have produced a volatile situation ... a sharp and protracted correction in the U.S. housing market. According to the most recent available data, housing starts and new home sales have both fallen by about 50 percent from their respective peaks."
Bernanke made no effort to conceal the gloomy facts:
"Currently, about 21% of subprime ARMs are ninety days or more delinquent, and foreclosure rates are rising sharply ...
sallyann22 4 years ago 2
At least they agreed with letting the free market handle it, which I agree with....Too bad the feds didn't agree though when they locked interest rates.
Char99 4 years ago
At 4:21 the fuckin fat cunt is laughing while Peter said a very important thing!!! Is it funy you neo-con cunt?!
FUCK YOU FRANK!!!
dalipro 4 years ago 2
...and to think, Peter Schiff was criticized and ridiculed by real estate folks on Fox a year ago.....who's laughing now?
JoeDebtor 4 years ago 5
LMFAO, especially that long haired real estate broker with the squeaky voice from REMAX. He and Mike Norman are the biggest cocksuckers in the world. Norman of all people has no business showing his face after he said oil was going back to $50.
KingGalbi 4 years ago 2
What is so funny about this (at least to me), is that idiots said that everything was going great in 1929, and then the Great Depression set in...funny how he compared todays economy with 1929 (in another video; p2), because he's right: we are heading for a disaster.
jonathonwallen 4 years ago
Goddamn, Schiff is right on the money!
johanwolfe 4 years ago 3
The thing I liked (on another clip) is that all of the experts were asked to tip a stock. All of the experts with 1 exception are now well down. Schiffs is up. Proves which of them knows what they're talking about.
chibbledorf 4 years ago 2
I've noticed a strange coincidence: whenever Schiff appears on Fox to discuss problems with the U.S. economy, he gets interupted a lot.
peterkolar 4 years ago 2
Yeah but not much this time. Usually Nick dont let him speak.
angel2901 4 years ago
Peter Schiff rules, he makes those Fox asses look dumb on the other video's.
Rustyshackleford08 4 years ago 3
Agree 100%
Schiff is the man
schaverri 4 years ago 4
Schiff is the only one speaking sense here
BubbFromGEI 4 years ago 4