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2/5/2009 Part 3/3 Peter Schiff On Countdown To The Closing Bell: Economic Armageddon?

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Uploaded by on Feb 5, 2009

Visit http://www.PhilDeCarolis.com to sign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor/Realtor. Let me help you protect and grow your wealth NOW before it is too late. Contact me right away for a referral to my own personal broker with Euro Pacific Capital that can advise you on the purchase of precious metals (Gold, Silver, etc..), Commodities And/Or Foreign Dividend paying stocks to hedge against rising prices and your loss of hard earned wealth. Join me in preserving your savings so that we can utilize our retained purchasing power to purchase Discounted/Cash Flowing California Real Estate Assets at the bottom of this downturn for pennies on the dollar that will rise in value dramatically during Californias' next cyclical inflationary real estate bull market.

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  • Keynesian economics has FAILED.

    The PPT is manipulating the market.

    Geitner is part of the problem.

    Stop govt intervention.

    Stop shoring up the empire.

    End the empire and cut spending.

  • Abolish the Fed, FDIC, Fanny, Freddie and fiat currency for starters.

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  • Werid

  • And Liberals are trying to come up with a new word for this guy- econo-phobe? stimuphobe? It's just how fucking dumb liberals are. When they wipe the drool and cock hairs off their lip from Obama, deep down inside, they will not admit that they voted for a radical, liberal IDIOT for president. They should all be deported .

  • looking to buy gold, but can't get it from the bank. Just type this number 140303370268 at ebay,com

  • I dont think Cramer the man he is influenced by his bosses/media and must influence the masses accordingly.

  • Uhhh ummm, yeah. the Structure that they will use is the same as the EURO!!! We'll adopt the Amero and other nations will adopt their version of the euro. Eventually, the Elite will merge each nation into one global currency, "So that this country or any other country in this world will have to go through this again...." Why can you people not see what's going on?!

  • HaHAhA, you can't stop the new world order, we will take everything you have while we feed you BS on your TV's and the majority of you will believe it. Silly humans LOL. We will have you chipped within 2 years. Hail Satan

  • At 1:01 , Geithner says "We're gonna um...."

    Oh god. We're fucked.

  • Peter is dead on. All that commitee will do is: 1. continue spending AKA renew credit flow 2. print more money. They should be talking about: 1. cutting spending aka 700 military bases around the world 2. Cutting taxes SO the PRIVATE sector can create jobs 3. Create policies to keep jobs in america BUT we wont get any of this because these men in washington have a different agenda. TO BRING US TO OUR KNEES!!! WAKE UP PEOLE!! NWO starts with NAU (mx, can, us merger!)

  • "PRICES are essential to 'regulate' an economy. It's like the instruments on a plane. Mess with the gauges and what do you get? A CRASH just like we have now."

    That is a PERFECT analogy, man. +1

  • So, this group's minutes are SECRET. Peter's right the group should be dismantled, they have NO AUTHORITY to mess with the economy.

    The way to reform the world economic system is to follow the laws of economics.

    Sound money - not fiat currency

    Free-markets - not special interests

    Invisible Hand - not Central Planning

    PRICES are essential to 'regulate' an economy. It's like the instruments on a plane. Mess with the gauges and what do you get? A CRASH just like we have now.

    Obama is naive.

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