Was Browne wrong at 4:30 about the tax holidays and 10 trillion in public works projects needed to avoid depression worse than 1929 or has it not happened yet?
I remember when that Jason guy was on with Schiff right before the recession and said it was "absurd" to say that the US was on the verge of recession. Funny.
Is it just me or does John Browne seem to be at odds a bit with Peter Schiff's Austrian leanings? As a whole, he is very bearish, but Obama spending $10 trillion to stave off depression? The tax holiday makes sense, but I don't get the former.
I think hes talking about 10 trillion to build factories and transforming our service/consumer based economy into one that produces. Anyone who works under Peter and goes on the news for him couldnt be caught dead saying that Obama needs to spend ten trillion to keep our current economy alive. Schiff would probably lash him in a secret room.
Even if it is $10 trillion to transform the economy, if it draws from taxes, or a printing press, it is inconsistent with Peter. I believe John used to work in government, maybe he is not fully converted.
I have believed this since the 80s when the factories started moving overseas. America has been squandering all its wealth and with credit has squandered the wealth of future generations.
Very impressive! I hope to hear from Mr. Brown with greater frequency. He, like Peter, seems to be the only person on these shows who is living on the same planet as I am.
Confidence in my decision to exit stocks one year ago.
Confidence to stay out of stocks for the next few years.
Confidence in buying gold, silver, and food. "
I did the exact same thing. Out of equities a year ago, preserved my dry powder and now buying big whacks of gold and gold miners this month. Riding it medium term.
Was Browne wrong at 4:30 about the tax holidays and 10 trillion in public works projects needed to avoid depression worse than 1929 or has it not happened yet?
ghawk1232 1 month ago
Bloomberg seems as the only business news agency where the reporter don't yell their fucking heads off. fuck cnbc
OhmgrownCron 4 months ago
4 morons
bobby4500 5 months ago
I remember when that Jason guy was on with Schiff right before the recession and said it was "absurd" to say that the US was on the verge of recession. Funny.
goshoops23 8 months ago
classic: "enough with the history lession"-arrogant americans. fools
gooseCha 1 year ago
these tv bozos talk about the 'market" as if it is someone with "feelings" like:
"not confident", 'sad", "sinical"...
Like it reacts minute by minute about what someone in goverment says.
it shows you how stupid how news tv has become.
Serious financial advisors will tell you to not watch TV and know the companies and products you invest in.....NOT the latest political nonsense.
smilingseal 3 years ago
speculators do affect the market after what government says. but i agree, LONG term the market dose its own thing
WhitereddoG 2 years ago
Jolly good man! Haha, He's like the British Peter Schiff. I wish he was on more often :(
jesuslover037 3 years ago 2
Should you be afraid of a monster that is going to eat you alive? Nah. Thats foolish
Mashedtaders 3 years ago
Is it just me or does John Browne seem to be at odds a bit with Peter Schiff's Austrian leanings? As a whole, he is very bearish, but Obama spending $10 trillion to stave off depression? The tax holiday makes sense, but I don't get the former.
yboldt14 3 years ago
I think hes talking about 10 trillion to build factories and transforming our service/consumer based economy into one that produces. Anyone who works under Peter and goes on the news for him couldnt be caught dead saying that Obama needs to spend ten trillion to keep our current economy alive. Schiff would probably lash him in a secret room.
IntoEternity0329 3 years ago
Even if it is $10 trillion to transform the economy, if it draws from taxes, or a printing press, it is inconsistent with Peter. I believe John used to work in government, maybe he is not fully converted.
yboldt14 3 years ago
what a load of crap to quote a marketing spin from accenture ceo
banksy35 3 years ago
hahah, I was thinking the same
michisz1 3 years ago
The graphics on this show are annoying.
itubeutude 3 years ago
John Browne: America is "bleading its wealth".
I have believed this since the 80s when the factories started moving overseas. America has been squandering all its wealth and with credit has squandered the wealth of future generations.
tomrdee 3 years ago 2
when mass media is telling you that deflation is here to stay you should expect the direct opposite..............
HYPERINFLATION ALERT ! ! !! ! !
ps.
Go to .......... benBERNANKEisGAY channel here on youtube.
HighIncidentBandit 3 years ago 2
You guys are all wrong. Socialistic fascism and the power of the state is always Superior to freedom and liberty. Fascism now Fascism Forever.
OBAMA/BIDEN !!!!
putittogether 3 years ago 3
This has been flagged as spam show
You are an un-American tool.
QuantumBios 3 years ago
Very impressive! I hope to hear from Mr. Brown with greater frequency. He, like Peter, seems to be the only person on these shows who is living on the same planet as I am.
sonofaglitch2 3 years ago 10
5:20, "You haven't seen fear, yet."
"Looks pretty scary to me, babe." What a moron.
tyronebiggums3 3 years ago 7
I, for one, am coming forward with CONFIDENCE!
Confidence in my decision to exit stocks one year ago.
Confidence to stay out of stocks for the next few years.
Confidence in buying gold, silver, and food.
tyronebiggums3 3 years ago
"I, for one, am coming forward with CONFIDENCE!
Confidence in my decision to exit stocks one year ago.
Confidence to stay out of stocks for the next few years.
Confidence in buying gold, silver, and food. "
I did the exact same thing. Out of equities a year ago, preserved my dry powder and now buying big whacks of gold and gold miners this month. Riding it medium term.
sydbernice 3 years ago