Peter Schiff On Fast Money 11-16-09
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Fuck these fast money fools...all they fucking look at are charts and numbers they can't see past their fucking dicks for the life of them and look at underlying fundamentals in the economy as to why growth is occurring.
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I don't know where to start. No, Hoover did way more then you what you said and that was the problem and why he made a bad situation a whole lot worse. The only thing FDR pathed the way to is our country not being able to afford all his entitlements that he enacted that are now coming home to roust. You obviously know very little about Austrian theory because that's not what they say at all about the Great Depression ending.
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What are you talking about? Schiff advocates Austrian Economics which has nothing to do with what Greenspan did. I have no idea where you got in your mind saying he is like Greespan. That would be the equivalent of saying FDR supported free markets and non-intervention.
Hoover was not for free markets! Reread your history and look at how much he intervened into the economy. Murray Rothbards book on The Great Depression debunks the myth that is popular, that Hoover did nothing.
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This bull market doesn't exist the dollar is down and these idiots about igoring the reality.
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Wait, did Peter suggest to buy Chinese real estate? Thats a bubble waiting to pop.
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I can see this clip going into the next 'Peter Schiff was right' montage when the market collapses again -_-
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Let Peter talk you morons. Always cutting people off who say other than what the mainstream media says. Peter is an economics god.
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I know. That was some rude middle school bullshit. Very juvenile.
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2:40 Peter could have and should have chopped Seymour off at the knees here. I don't know why he didn't. He simply had to say what he's been saying all along. It's goverbnment intervention that has caused this problem in the first place. More government intervention is only going to make the problem worse. Peter has said this himself many times. I don't know why he didn't give tim Seymour both barrels. My 2 cents as an armchair political advisor.
Apparently the next 'Peter Schiff Was Right' video is in production.
Stars of the new video? The entire cast of "Fast Money" (a.k.a. "How to go broke really fast")
Peter Schiff and Ron Paul rock.
healthhavencom 2 years ago 6
"Is he still with us?!?!" o_O It's hard to believe that these people finished high school...
psychosaint87 2 years ago 5