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12/6/2008 Part2/2 Peter Schiff On Your Money: Vanishing Jobs

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Uploaded by on Dec 9, 2008

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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  • Peter is KICKING ASS:) Wow, he is spreading the message:)

  • The problem of Keynesian inspired economics, which is by definition pseudo-economics, is that even when reality is slapping them in the face (bailouts didn't work, so we need more bailouts), they won't change their standpoints. This makes their psuedo-theories actually being ideologies, because in essence their standpoints are infallible. Peter Schiff makes arguments that are in principle possible to be falsified by reality, but aren't, because his arguments are actually right and spot on.

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  • Why do the dumb people speak more frequently? Fuck. Listen to the guy who predicted the collapse, he might know something. Stupid fucks.

  • "When you're overweight the solution isn't to eat more, when you're broke the solution isn't to spend more"

    Perfect analogy... Peter kicks ass thanks to Austrian economics.

  • Phil,

    Thanks for collecting and posting all the Peter Schiff videos on youtube.

    You have done us all a great service.

  • If money solves everything lets just print 350,000 a month for each citizen. If you don't agree with that, tell me WHY.

  • Fuck these idiots on the panel.

  • I hate to sound racist, but this black guy really buys into the whole "government cheese" mentality. The federal government does not create jobs...period.

  • I love how they fucking censor everything Schiff says as soon as it comes out of his mouth, every time, all the time. Look back three years, you'll see Schiff saying the same thing that these morons are now parroting, and immediately getting shot down.

    The Futurama quote from "A Big Piece of Garbage" comes to mind, "Scientists theorized that the garbage ball may return one day. But their views were dismissed as depressing." Really, if you can't stand to hear the truth, have fun going broke.

  • Assembly lines are not a manufacturing base. All basic materials and manufactured components are imported.

  • THE DEALERSHIPS WILL SHUT DOWN ANYWAY YOU MORONS!!  Sales for GM are down 50%!! So how about you pay all those dealers for not selling cars!!

  • $100,000 every tax payer - problem solved (especially if you're smart enough to put half in PM)

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