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Peter Schiff 12/22/08 - Alex Jones Show Pt.1/2

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Uploaded by on Dec 22, 2008

Alex Jones welcomes Peter Schiff who is widely known for predicting the economic crisis of 2008. He was also an economic adviser for the Ron Paul campaign in the 2008 Republican Primary. Schiff is the author of two books: Crash Proof and The Little Book of Bull Moves in Bear Markets.

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  • The US Fed has foreign reserves of $78 billion, the Chinese foreign reserve is - wait for it...... $1.7 trillion. If China start bailing out of their USD position then the US dollar will collapse. There will be a catastrophic run on the dollar. If you're an American - in 2010, you'll be able to feed yourself or put gas in your car or pay your rent or buy medicine - you will have a choice of 1 of these things. Not 2,3 or 4 - just 1. The US$ will die, thus the US will not afford oil or food.sad

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  • Hong Kong has around $150 billion all by its little-bitty self.

  • if schiff is illuminati why is his father in a federal prison for not paying income tax? geithner didn't pay taxes and he's not in prison. the schiff's are telling the truth and being slammed in the media.

  • alex, your getting fat!!

  • you wont be able to afford ,any Mcdonalds or pizza hut

  • schiff is one of the illuminati bloodlines. i'm not sure what to make of this guy. the problem isn't the government interfering, it's international bankers creating money out of nothing and then charging interest that's not possible to pay off

  • 2062 1137pm pst 1st comment woot alex n peter are the real news!

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