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Peter Schiff predictions

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Uploaded by on Jan 7, 2009

Barack Obama's policies will unleash a greater economic crisis than the world is now facing, believes US financial forecaster, Peter Schiff.

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  • @bellcord I think your attempt to ridicule his viewpoints is based on something other than an informed view of our current state of affairs. In any case, his insight happens to be more accurate than not.

  • @MrMvt333 education funding? like loans? loans only drive up the price of college. If im a college and i know that students can get a loan to pay any amount of money to go to my school i will raise the price. I will also not cut unessecary spending. Now if nobody can get a loan people will not go to college.Then only option the college has is to lower prices since demand fell . As far a dept. of education it needs to be state/local run bc it costs and is less ineficcent at a national level.

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  • @ramjamflimflam LOOK AT THE HISTORY OF THE SCHIFF FAMILY. Why he knows what can and will happen will be explained in the history. Its a family business, crashing stock markets and all that. Check it out for yourself, this is whats important.

  • seems like a Ron Paul supporter

  • @TheDolfingurl Yes you are correct about the government wasting money on the war overseas but domestically they did worse!

    People In America were investing in housing on the assumption that their property values were going to continually appreciate, regardless if they could afford it or not as the US Govt downgraded the risk in the loans as they were guaranteeing the loans to the banks. The US wasted more money in bailing out the banking sector than it did in funding wars.

  • America will be fine as long as oil is traded in USD. So far It does a good job to keep it happenning.

  • @LilRedRasta

    you could give people a fixed amount of money for school instead of a loan.

  • Schiffs warning of a complete economic collapse is coming closer each day congress is open for session. You must prepare ASAP. This crash will not be like other small countries. It can cause world chaos. Set up a safe retreat away from populations as soon as you can. Store seeds and supplies there and pray for the best. Google Biospharms for ideas to help.

    BIOSPHARMS

  • @TheDolfingurl schiff was paul's economic adviser in 2008 election

  • @TWSceptic ron paul 2012

  • @TheDolfingurl No, mr Schiff knows economy as no one does, he is the best at it.

  • @TheDolfingurl Clearly you don't understand how it works, I advice you to read mr Schiff's books.

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