Peter Schiff , More Pain Ahead

[deadbutmoving]

I can't believe he said this in 2008. It's 2011 and we are not getting out of the recession. Inflation is comming around again. Gold and Silver are hitting new highs, Commodities are getting very expensive, and Oil Is already at $4 a gallon.

I hope Peter Schiff is wrong, But he is probably right.

Some of my friends used to laugh and say he is crazy, they aren't laughing anymore...

[alexkwilliams]

subscribe to me for a subscribe back!

[whitejellyfungus]

Brilliant!

[vostok71]

This guy should be our next president

[jjenson2006]

"Maybe this time he's wrong"

Don't bet the farm on that!

[Jinxguy1000]

It doesn't matter if Peter was wrong about some things. Like any other person was more right than Schiff about the current crap-state of our economy?

[NWAsMostWanted]

how is it that this guy knows exactly whats going on and people like bernanke and other "brilliant economist" have no fucking idea whats going on? Let every company on the verge of failure fail that is capitalism. When times are good companies want no gov't interference but, as soon as they are about to fail they are begging for gov't intervention and help.

[ABOSOLUTEKNOWLEDGE]

briliant

yet even a kid can undestand th fundametlas of it

[UseSumLogic]

By the way, Ben Stein is a fucking idiot when it comes to the economy. He knows triva, he does not understand economics. He needs to keep his old fucking mouth shut on this topic.

[UseSumLogic]

It's funny how morons who support a fake economy based on debt and credit and a worthless dollar laugh at the geniuses who warn them. Then when the morons are proven fucking wrong, they try to make excuses. The world needs more Schiffs.

[Jacobrester]

You are a dumbass unqualified college drop out who doesn't know shit about what you are talking about !!

Peter Schiff was DEAD WRONG on his second half 2008 economic predictions.

You have an inferiority complex that manifests itself in anger and hatred toward the USA.

Get off your lazy ass and pay for your own college like so many of us have already done. Stop bitching and moaning about how bad things are.

We are VERY dependent upon the USA, even if you wont acknowledge it.

[TruthandJustice101]

2009= GREAT DEPRESSION

Get ready to lose your job, car, house.

[KhmerD0g]

sometime in Feb/Mar there will be a crash of U.S. treasury bond. korean pension fund manager predicted so. check the link story at maxkeiser dotcom.

[jebediah046x]

this economic crash was no accident, watch while your nation is jioned with canada then watch as africa and proabably the UK is too. what all soverienty disolve watch seperate goverments collapse watch a world government errect and watch earth become a prison. Or you can fight it

[coejonathon]

and printing more money..which you think will let us pay off the debt, only adds more debt, and steals value out of the existing money supply...that's a hidden tax on you brother, built into the fiat money system, our dollar in 1914 when the fed was put in place..is valued a 4 cents...but lets print more money...good idea, lets get this thing all the way to 0!

[reYKCuf]

Holocaust™

[Schram1]

Peter schiff 2012

[Delusional68]

Woodrow Wilson allowing the Federal Reserve to be created was the spark.

[coejonathon]

woodrow wilson was nothing more than a college professor put in place by the people who created the federal reserve at jeckyll island in georgia....and who is barack obama again...another nobody put into place to be used as a puppet to carry out the fed's agenda..our governement had no control...the fed is above the law

[Delusional68]

You are correct.

[chootlund]

Art Laffer is an IDIOT - ZERO credibility.

[chootlund]

Not surprising Art Laffer is a "Reagan" economist. I guess all things IDIOTIC started with Reagan.

[grumpone]

An STILL at the end of the segment they put on the bottom of the screen - "Maybe this time he is wrong". MFG can't they face reality, always have to talk things up.

[stm333]

No no no, I think you misunderstood their message--you must've missed the banner that they posted right before that one. It said, "The only thing to hope for...," afterwhich they posted the phrase "Maybe this time he is wrong."

So, to paraphrase, the full meaning of their message was meant to be read as: The only hope we seem to have is that this guy might be wrong--and given how often he's been right, that seems unlikely.

[imaginator]

who are those idiots laughing while Peter is talking?

[crispymidget]

I dunno but i wanna hit that one guy in his stupid looking face.

[cds10690]

Schiff - hitting the nail on the head..

and more is to come

[morosi15]

Yes! Keep showing these clips of Laffer, Norman, and others who have yet to apologize to Peter and to those in the public who took their advise. How embarrassing--I hope this puts all these economic freaks out of work!

[inthetubedeep]

Right on!-- all those talking heads 'experts' like Norman, Laffer, and Stein should be forced to go on face to face with Schiff and admit they were ignorant and dead wrong. They all should be fired-- they have no credibility left...

[jeffcaldwell2]

Ben Stein wrote an article in the New York Times that he was wrong along with apologizing and wishing he had listened to peter.

[moneypenny80]

hear hear

[WolYou]

More wealth on one side = more debt somewhere else. You can't generate wealth from vacuum (like credit cards or loans).

[tyronebiggums3]

Mike Norman, Ben Stein, Art Laffer, Tom Adkins,... clowns. LOL

[geeoogle]

forget studying MBA or business degrees. the real teachers are like Peter Schiff

[benq100182]

I hear ya'

[jeffsst]

and jim rogers! if you listen to him you will get rich!

[jRmullet]

thats it! Im moving to Costa Rica and becoming a fisherman for the rest of my life. who's with me!!!

[mpv81]

There are actually a number of farming programs down there that I'm looking into... It isn't going to be an easy life, but hey, at least it will be beautiful. Plus the surfing is really, really good.

[AngriestAmerican]

Got room for a passenger?

[ftorresgamez]

Buy gold and silver, while their price is still affordable.

[hkongfan]

Now I think about it, all the economics that I've learned in high school and college are Keynesian, or in layman's term, fraudulent. I have to thank people like Peter Schiff, Jim Rogers, Lew Rockwell, and most importantly, Dr. Ron Paul, for enlightening me so that I can see the reality. I hope Austrian economics will be taught in school... but of course those in control will not all that to happen.

[ftorresgamez]

"I hope Austrian economics will be taught in school" . . . Don't count on that happening really soon, especially with Il Duce in power (I mean Obama), but KNOWING about true economic theory makes you better able to deal with the coming debacle. Also, pass the word! Tell people to get more involved and learn about true economics and to forget about phony economic theory (Keynesianism, Neoclassicism, Monetarist theory, et at.) Pass the word!!

[elbuggo]

Il Duce? Isn't it Barracula?

[zappos49]

Google Campaign for Liberty. Click on education, economics, lots of Austrian Economics

[cds10690]

you mean bush in power.. all this is his fault...

yes you are an idiot

[jeffcaldwell2]

ummm... no, it is not all bush's fault. go to clinton and look at the overturned glass stegal bill. that was bill clintons doing and is what gave us "easy money" aka easy credit aka easy debt.

[chootlund]

It all started with Reagan.

[jeffcaldwell2]

i am not all that familiar with reagan, so ill give you that. BUT after reading The Revolution: A Manifesto by ron paul, id say it all started with FDR. that guy began american socialism.

[chootlund]

I agree. The real ga-ga craziness started with Reagan though, I think.

[jeffcaldwell2]

well yea because, i believe (im not for sure), that he got rid of the gold standard completely. im not sure if that was him or nixon.

[timmymcdee7]

it was actually Nixon who closed the Gold Window. (to jeffcaldwell2")

[thomasst2]

Abraham Lincoln closed the blinds (greenbacks), Wilson unlocked the window (the Fed), Roosevelt started the closure(gold confiscation in 1933) and Nixon slammed it shut.

[minnevikings]

You are 100% correct.

[jeffcaldwell2]

oh damn... i guess that means i must learn what reagan did.

[timmymcdee7]

He gave supply-side economist jackass Art Laffer his undeserved fame. that is what Reagan did

[jeffcaldwell2]

oh my god.... art fucking laffer. jesus fucking christ. that guy got torn apart by mr schiff lol and boy am i glad

[chootlund]

Yeah, Nixon closed the gold window (i.e., America DEFAULTED to international creditors) but there were still some fiscal restraints in that era, unlike the Reagan era, when the free-for-all started.

[kolarshooter]

"It all started with Reagan."

I disagree. It all started when Nixon mandated the cessation of (what was left of) the "Gold Standard." That allowed/encouraged the reckless borrowing/"monetizing" which brought us from worlds #1 lender (in 1980) to world's #1 debtor today.

Pathetic.

[JRCrowley]

Peter is owning them left, right and center.

[tommyenglish1]

Art should learn from Ben and admit he was wank.

[tommyenglish1]

Art is getting clowned, and even more because of his "9 months" nonsense. what a twat. peter schiff must be loving life right now.

[arcanekrusader]

Getting clowned, ROFL!!!  I'm going to pinch that one, my friend :P