Well, firstly we gave our manufactories away and we borrowed money from manufacturers for buying their products. Now we're going to give our purchasing power away, and there will be no reason any more to lend us money when we'll be bereft of both manufacturers and consumers. Dangerous shift.
It's interesting the fact that our own companies have been going there in the past creating manufactories and now they're going there to build retail chains. There's the danger our capital keeps on moving abroad leaving here barren economic soil, under every respect.
I wish that Peter Schiff could go head-to-head with Obama or whatever dark puppet master is coming up with these terrible stimuli/bailouts
It would be a great debate, and would show Obama up.
The meaningless "hope and change" would collapse in the face of reason and restraint, like Peter Schiff
hailholyghost 3 years ago
exactly...and the funny thing is..schiff wouldnt need a telepromptor!
doc2earth 3 years ago
Well, firstly we gave our manufactories away and we borrowed money from manufacturers for buying their products. Now we're going to give our purchasing power away, and there will be no reason any more to lend us money when we'll be bereft of both manufacturers and consumers. Dangerous shift.
italianchappy 3 years ago
It's interesting the fact that our own companies have been going there in the past creating manufactories and now they're going there to build retail chains. There's the danger our capital keeps on moving abroad leaving here barren economic soil, under every respect.
italianchappy 3 years ago