Peter Schiff on Bloomberg TV Great Interview 1/2
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Damn right it got worse after Obummer. The fact that unemployment in WA state where I live shot up to over 9.0% between sept 2008-mar 2009 and not going below that ever since is just icing. Bureau of labor statistics website says so.
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"not in the same park..." LOLS Peter Schiff owns!!!
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The thing is, if the government did everything that the Austrian School suggests all those mainstream Keynesian pseudo-economists would be jobless and so would all of the government crooks. That's why they are afraid of the change. Funny and tragic.
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If you listen closely to all these people who disagree with Peter, especially after he made the accurate recession call, is they all say "I think" this and "I think that". Where as more often then not Peter says "This WILL happen". It's the conviction in his beliefs that is almost more impressive than his highly accurate predictions over the years. And I'm glad he's being a bit more arrogant when asking what your forecasts were a few years ago. Not rocket science what he's saying here IMO.
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@fuckutube74 Around 100% my friend, gold hit a low around 780 or so in 2008.
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America... forever scared to do nothing
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Peter Schiff look like a genius beside those "innocent" who try to argue ... They don't know anything and they are on National TV...wow...I do a major in Economic right now and this is exactly what we learn: FUNDAMENTALS.
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Gold>DOW
Look up what 'nominal gains' means. ROFL
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@Cloudrunner1 the dow has gone up 100%
How much has gone gold up since then?
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That's in dollar terms, measure it against gold.
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If America's economic policies were dictated by this guy...The country would be in much better shape today !
NIKKKRED 2 years ago 34
AMERICA becoming socialist !! WHat a disaster ! Im european and I tell you America ! DO not become socialist ! Capitalism and free market economies are what made America strong !
NIKKKRED 2 years ago 32