If you want to follow all of PETER SCHIFF, JIM ROGERS, MARC FABER and RON PAUL. I always go to financialtruth0.blogspot . com because they post all the videos there. Thanks for uploading anyway!
Peter Schiff is wrong! It will be a worldwide Depression! No country can avoid it. Look at Japan they are loosing jobs by the minute because their export economy is breaking apart, same is my country Germany. Even China will get a big hit. The Euro will break apart because the imbalances are to great. Look at Italy,UK, Greece and spain, Hungary,Island Poland, the baltic states. It is a Disaster!!!
And it will get much worse. Because in Estern Europe was a big real estate bubble like in the US!!!
this financial crisis is manufactured and it is just the lead up to Americas next evil war,,remember the world now hates Israel and Britain as much as it hates America!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!(VERY IMPORTANT TO REALISE THAT THE WORLD DOES NOT HATE THE PEOPLE OF THESE COUNTRYS,BUT THE LEADERS)God bless
"They bought so much shit!" haha he sounds very exasperated there....I agree very much with most of peter's points and in a vacuum he is 100% correct but just as this idiot bubble has continued for decades....human emotion and action can make this nonsense continue for an amount that no one can really determine...that is why timing a dollar collapse is impossible.....i mean this dollar has been phony for quite some time...regardless schiff's investment strategies seem very sound
This comment has received too many negative votesshow
Doesnt sound like Peter I am sorry, i have heard him so much on other programs,, he just doesnt talk like this normally, hes soo more articulate. I have always liked him, but if this was him, i would have never ever begun to even like him, this is "FAKE"*/***
I don't understand one thing. How do you get out of the dollar and out of the COUNTRY if US citizens can't trade stocks in foreign brokerages and through foreign banks (Patriot Act?). US residents are only allowed multicurrency accounts in foreign countries. With fiats tanking that is not a good option anways. And I see a risk of investing in domestic brokerages when our government is so hungry for real money. Does anyone have any ideas?
But that would still be investing in foreign stocks via a brokerage IN THE COUNTRY. My question is--how to get around locals and get into other countries directly
It is the residency that counts. Once you give your US aadress, there are no investment possibilities. Thanks government for "protecting us". Only savings accounts for US residents, unfortunately.
Just a few more points 1) we have the greatest minds as is evidence with our over fund universities. We steal all the best foreigners, that's why most grad students are foreigners and they find jobs her in America. 2) Our military might is in a league of its own. Our elites know this and that's why they are pursuing the wrong policies b/c in the real world, everything is gray and things don't always work out logically. My gut tells me we will face HARD time but nothing like the 30s
"There can only be one". Back then it was them and us, the two superpowers. Is the Chinese ready to step up? If not then who? See my point, boundary condition of human psych tells us someone/country must be in charge--the alpha. The US is still that dog b/c the Chinese still lack that confidence factor, until their right time come.
When the British Empire felt, the world didnt acknoledge USA as the new world leader after a long time after. But Britain was over. Probably the english were the ones who better knew it, cause they could feel their decline in standar of living. They obviously would not say anthing, but the world end up realizing it. I think the US is at that point. Theres going to be a transition period but the US Empire is over, and the US people is going to live a lot worse than previous years.
Definitely its a transition period, but the sinking won't be as fast or as straight as Peter believes. This is a 800ton King Kong and will bobble for a while. As for the British Empire, our scenario is slightly different since its a global world now and news travels at a click. The main point I'm trying to sell here is we have put too many "seeds" in place globally to collapse "overnight", its more practical to think at least another decade.
The same way we always been financing. The world needs the fat Americans b/c they are brainwashed to believe it. Do you really think the Feds & our elites can not see a collapse as early as next year. Thats like running off a cliff given all the tools & GPS sys. Remember fiat currency is a number game. Every printed $ is accountable regardless of how complex, leverage, or package they may be. They know what comes in and out of the black box b/c they invented it. They're not as dumb as we think.
i think they are incredibly brilliant sadists, I don't buy into this "the clowns in washington don't know what they're doing, they know exactly what they're doing." Well maybe people in congress are idiots, but people behind the Fed know exactly what's going. Greenspan came out against the Fed, but was then recruited by him, he knows what he's doing, but I guess he got tired of fighting for a mass of people who'd rather watch Britney spears than learn the basics about their monetary system.
Everything schiff said is right it seems, but i wonder if those clever bastards can keep this ponzi scheme afloat indefinitely. We've been able to do it this long...? But! the dollar is taking a hit and it's not happening under the table, it's evident in graphs and prices everywhere, I guess they can't really keep the cat in the bag forever, and I'm sure the people running other countries aren't TOTAL idiots. Maybe they could be coerced though, or it's more beneficial to keep things the same.
You must be forgetting that these people (at Tresury Dept and Fed) caused this bubble & its collapse & were the only ones saying the real estate bubble & derivatives market was going to work out great. Most everyone else was totally skeptical.
I think you're mistaken to have any regard for their intelligence. They are clueless & in denial and will keep this fake economy going for as long as possible - but a fundamental collapse is very likely in 1 or 2 yrs.
i fundamentally disagree. to think them foolish or callow you would also have to be working under the assumption that they DIDNT WANT the US economy to collapse.
If you instead consider that this might have been done purposefully in order to accelerate an agenda of globalization, reap massive profits off of a time of great turmoil, and usher in a single world currency, then you would also have to agree that they were working toward their goal quite swimmingly and are very clever indeed.
I love Peter Schiff and he's makes all the sense in the world but some things don't add up like 1) the psychology of the world is not going to change overnight; its going to take years before foreigners become independent of America. Why, b/c we puts seeds throughout the years of our "greatest?" as is evidence with our language, currency, and culture. 2) We have the most power companies with global ties: Intel, goog, msft, mcd +100s more. Peter is right, but his timeframe is off.
Best show I've heard since I started listening... Wow. I haven't heard him that worked up before, I can't wait for the next wave of "Peter Schiff was right" videos with all the new material he's racked up over the last few weeks. If you haven't yet, check out his appearance on Kudlow from earlier this week.
That's why it is important to prepare yourself for all, or most, eventualities; both physically and mentally. So that you can survive both physically and mentally during crisis times, especially if your family rely on you.
P.S. It is spelled 'Martial Law', not 'Marshall Law'
I agree with the "all eventualities" advice. I, personally, am preparing for the zombie apocalypse. (I just watched 28 Days Later again) I'm ready if the zombies start clawing at my door...
i am not to going to buy anything except guns and ammo
shrado 3 years ago
If you want to follow all of PETER SCHIFF, JIM ROGERS, MARC FABER and RON PAUL. I always go to financialtruth0.blogspot . com because they post all the videos there. Thanks for uploading anyway!
Justbeatit999 3 years ago
Peter Schiff is wrong! It will be a worldwide Depression! No country can avoid it. Look at Japan they are loosing jobs by the minute because their export economy is breaking apart, same is my country Germany. Even China will get a big hit. The Euro will break apart because the imbalances are to great. Look at Italy,UK, Greece and spain, Hungary,Island Poland, the baltic states. It is a Disaster!!!
And it will get much worse. Because in Estern Europe was a big real estate bubble like in the US!!!
Mischimischke 3 years ago
this financial crisis is manufactured and it is just the lead up to Americas next evil war,,remember the world now hates Israel and Britain as much as it hates America!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!(VERY IMPORTANT TO REALISE THAT THE WORLD DOES NOT HATE THE PEOPLE OF THESE COUNTRYS,BUT THE LEADERS)God bless
setanta333 3 years ago
Haha great outro....:D Anyway Peter is a lot of fun to listen to always.
richrdroma 3 years ago 2
the ending is pretty funny. he doesn't know if he's been broadcasted and keeps on talking while the theme music comes in and drowns him out. lol
shroomingnewman 3 years ago
"They bought so much shit!" haha he sounds very exasperated there....I agree very much with most of peter's points and in a vacuum he is 100% correct but just as this idiot bubble has continued for decades....human emotion and action can make this nonsense continue for an amount that no one can really determine...that is why timing a dollar collapse is impossible.....i mean this dollar has been phony for quite some time...regardless schiff's investment strategies seem very sound
eesloan4 3 years ago
timing a dollar collapse is impossible
thats why he says get out of the dollar NOW.
Luphrecio 3 years ago
This comment has received too many negative votes show
Doesnt sound like Peter I am sorry, i have heard him so much on other programs,, he just doesnt talk like this normally, hes soo more articulate. I have always liked him, but if this was him, i would have never ever begun to even like him, this is "FAKE"*/***
wowholypriest 3 years ago
This is him for sure. He speaks exactly the same way in every show I have watched.
Happen2008 3 years ago 2
it's cause he has had enough and is straight up pissed off now.
bicstic8 3 years ago
LOL i wonder how long he was talking to himself before he realized the show ended. =D
Brassmouth 3 years ago
I don't understand one thing. How do you get out of the dollar and out of the COUNTRY if US citizens can't trade stocks in foreign brokerages and through foreign banks (Patriot Act?). US residents are only allowed multicurrency accounts in foreign countries. With fiats tanking that is not a good option anways. And I see a risk of investing in domestic brokerages when our government is so hungry for real money. Does anyone have any ideas?
BlueSkies360 3 years ago
Call Euro Pacific Capital?
hugolp 3 years ago
But that would still be investing in foreign stocks via a brokerage IN THE COUNTRY. My question is--how to get around locals and get into other countries directly
BlueSkies360 3 years ago
Taking a plane and traveling?
hugolp 3 years ago
It is the residency that counts. Once you give your US aadress, there are no investment possibilities. Thanks government for "protecting us". Only savings accounts for US residents, unfortunately.
BlueSkies360 3 years ago
Peter is going off the edge here.
There are millions of Americans that are not up to their eyeballs in debt.
Something on the order of 30% of Americans own their home and have no mortgage.
averageworkinggal 3 years ago
HE KNOWS EVERYTHING ABOUT PEAK OIL!
florin604 3 years ago
Just a few more points 1) we have the greatest minds as is evidence with our over fund universities. We steal all the best foreigners, that's why most grad students are foreigners and they find jobs her in America. 2) Our military might is in a league of its own. Our elites know this and that's why they are pursuing the wrong policies b/c in the real world, everything is gray and things don't always work out logically. My gut tells me we will face HARD time but nothing like the 30s
pntrain5 3 years ago
The Russians had a big military might. They colapse through inflation, and they could not afford their military anymore.
The only think that is saving the US right now is the chinise lending more and more money. But that can stop at any time.
hugolp 3 years ago
"There can only be one". Back then it was them and us, the two superpowers. Is the Chinese ready to step up? If not then who? See my point, boundary condition of human psych tells us someone/country must be in charge--the alpha. The US is still that dog b/c the Chinese still lack that confidence factor, until their right time come.
pntrain5 3 years ago
When the British Empire felt, the world didnt acknoledge USA as the new world leader after a long time after. But Britain was over. Probably the english were the ones who better knew it, cause they could feel their decline in standar of living. They obviously would not say anthing, but the world end up realizing it. I think the US is at that point. Theres going to be a transition period but the US Empire is over, and the US people is going to live a lot worse than previous years.
hugolp 3 years ago
Definitely its a transition period, but the sinking won't be as fast or as straight as Peter believes. This is a 800ton King Kong and will bobble for a while. As for the British Empire, our scenario is slightly different since its a global world now and news travels at a click. The main point I'm trying to sell here is we have put too many "seeds" in place globally to collapse "overnight", its more practical to think at least another decade.
pntrain5 3 years ago
Another decade? How are you gonna finance another decade. This collapse is gonna happen in 2009-2010 and I'm sure of it.
Scottnice 3 years ago 4
The same way we always been financing. The world needs the fat Americans b/c they are brainwashed to believe it. Do you really think the Feds & our elites can not see a collapse as early as next year. Thats like running off a cliff given all the tools & GPS sys. Remember fiat currency is a number game. Every printed $ is accountable regardless of how complex, leverage, or package they may be. They know what comes in and out of the black box b/c they invented it. They're not as dumb as we think.
pntrain5 3 years ago
i think they are incredibly brilliant sadists, I don't buy into this "the clowns in washington don't know what they're doing, they know exactly what they're doing." Well maybe people in congress are idiots, but people behind the Fed know exactly what's going. Greenspan came out against the Fed, but was then recruited by him, he knows what he's doing, but I guess he got tired of fighting for a mass of people who'd rather watch Britney spears than learn the basics about their monetary system.
rockhardxrocker 3 years ago
Everything schiff said is right it seems, but i wonder if those clever bastards can keep this ponzi scheme afloat indefinitely. We've been able to do it this long...? But! the dollar is taking a hit and it's not happening under the table, it's evident in graphs and prices everywhere, I guess they can't really keep the cat in the bag forever, and I'm sure the people running other countries aren't TOTAL idiots. Maybe they could be coerced though, or it's more beneficial to keep things the same.
rockhardxrocker 3 years ago
expect some amerikkka instigated wars in asia maybe in Burma which is personal project of that christian supremacist bush
pt1200 3 years ago
good food for thought...thanks
shrado 3 years ago
I am not going to buy anything except pay for rent; food, and electricity. I don't go out to eat anymore; no movies; no furniture. NO NO NO
kajgtlkjglkgj 2 years ago
They're not as dumb as we think?
You must be forgetting that these people (at Tresury Dept and Fed) caused this bubble & its collapse & were the only ones saying the real estate bubble & derivatives market was going to work out great. Most everyone else was totally skeptical.
I think you're mistaken to have any regard for their intelligence. They are clueless & in denial and will keep this fake economy going for as long as possible - but a fundamental collapse is very likely in 1 or 2 yrs.
TheRedPriestofVenice 3 years ago
i fundamentally disagree. to think them foolish or callow you would also have to be working under the assumption that they DIDNT WANT the US economy to collapse.
If you instead consider that this might have been done purposefully in order to accelerate an agenda of globalization, reap massive profits off of a time of great turmoil, and usher in a single world currency, then you would also have to agree that they were working toward their goal quite swimmingly and are very clever indeed.
aelleo 3 years ago
I love Peter Schiff and he's makes all the sense in the world but some things don't add up like 1) the psychology of the world is not going to change overnight; its going to take years before foreigners become independent of America. Why, b/c we puts seeds throughout the years of our "greatest?" as is evidence with our language, currency, and culture. 2) We have the most power companies with global ties: Intel, goog, msft, mcd +100s more. Peter is right, but his timeframe is off.
pntrain5 3 years ago
peter schiff is so telling the truth. he is using these colorful words like shit, just like max keiser.
i bought so much stuff that i needed to rent a storage space to put my stuff in it.
KhmerD0g 3 years ago 3
Best show I've heard since I started listening... Wow. I haven't heard him that worked up before, I can't wait for the next wave of "Peter Schiff was right" videos with all the new material he's racked up over the last few weeks. If you haven't yet, check out his appearance on Kudlow from earlier this week.
The last 10 seconds of the show were great ;-)
USAFcrypto 3 years ago 2
Great post and totally agree. Petey is on a roll tonight and about to blow a gasket...lol
colourbox101 3 years ago 2
some great radio action Peter... Best I've heard in a long long time.
You are going to come out of this and networks are going to be begging to host your show. I see you something like the next Johnny Carson.
1fffishy1 3 years ago 4
Meanwhile...the congress got a pay raise today. Go figure. This country is screwed.
Danette2007 3 years ago 3
This country is a disaster. Next 4th of July will be the patriots fighting for their freedom against terrony of the government and marshall law.
psxwarrior 3 years ago 8
Why did the government side with Marshall? Does he have an army or lots of money to help them out?
1fffishy1 3 years ago
Emperor Obama declaring marshall law so he can throw us all in fema concentration camps when the dollar hits the bottom of the cliff.
psxwarrior 3 years ago
That's why it is important to prepare yourself for all, or most, eventualities; both physically and mentally. So that you can survive both physically and mentally during crisis times, especially if your family rely on you.
P.S. It is spelled 'Martial Law', not 'Marshall Law'
elboertjie 3 years ago
I agree with the "all eventualities" advice. I, personally, am preparing for the zombie apocalypse. (I just watched 28 Days Later again) I'm ready if the zombies start clawing at my door...
USAFcrypto 3 years ago 2
love that movie!
thegreenfamilybooks 3 years ago
lol, except the zombies will be hungry people
bicstic8 3 years ago
2nd!
prickett233 3 years ago
#1 Oh Yeah!
softearth 3 years ago