Vlog: Peter Schiff's Crash Proof Review

After reading some of Schiff's book, I came up with a chart to help me understand US economics. This is a simplified illustration to demonstrate what's going on. This is in response to the world crisis explained by Peter Schiff Report Blog Peter Ron Paul glenn beck obama CNN FOX CNBC Bloomberg aljazeera gerald celente warren buffett marc faber jim rogers Alex Jones gold silver money dollar max keiser and others.

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[valhala56]

I'm glad I have come across your channel. YouTube is saturated with brainwashed Capitalist's and the funny thing is most of them have no Capital. The "Owners" have brainwashed almost an entire populace that unfettered Capitalism is the next best thing to Nirvana.

Like you I watch P. Schiff, Celente, Faber,Soros, Roubini and the one I disklike the most is Jim Rogers.

I'm going to keep watching your vids as it is refreshing that you have a different perspective then the Capitalist Pigs.

[BankRampage]

Wow, thanks. Yes, I'm also very sick of hearing how capitalists insist their Free Market ideals are 'right' when the math says that they are clearly wrong. Peace.

[Murphy2023]

You seem to leave out the knowledge that prices fluctuate. Assuming those 20 square feet were the only ones available, as the amount of land used for food went down, food supply would as well, leading the price of food to go higher. Eventually the two would reach equilibrium, so that both have their place.

Also, I would like to know where you get your "math" that the free market is wrong. Every study I have seen indicates that the free market creates higher GDP growth. Perhaps I'm wrong.

[valhala56]

Well I share your approach to reading their manifestos, not to get into Eastern Spirtuality, but I think there is a Ying Yang relantionship to Free Markets/the People. This balance has become way out of wack, with Capitalists devouring all the resources regardless of People or Planet.

Like I said in the previous comment the Mega Capitalists have somehow co-opted the hearts & minds of the people into belivieng that they have their best interests at heart. Which is probaly not the case.

[BankRampage]

Did you watch the video and the formula I presented? The trade imbalances in the US are magnified when other countries are involved. This is the whole issue, the trade deficits of food and resources.

[BankRampage]

When I drove across the US, there was miles and miles of desert that seemed to be and unihabitable, unlivable, and very dry. Not even houses could be built there, because there is no water. Urban areas need arable land too (or are supported by them). If it is 10%, it needs a huge percentage of farmland to support it. Those have trade imbalances too, since houses are huge consumers, not producers.

[sujajajjaakakajjs]

"There are already trade imbalances between the land for houses and the land for food within the US"

where is the problem?

[sujajajjaakakajjs]

"Where I live, I don't see any food being grown. All I see is houses houses houses and their golf-course lawns."

are you aware that there is a land outside urban areas? urban areas occupy less than 10% of land in US.

[michaelpshipley1]

i like how you added - they lose it and "go postal." lol

[BankRampage]

Where I live, I don't see any food being grown. All I see is houses houses houses and their golf-course lawns. I don't know any farmers. I see carpenters all over the place, though. Personally, I tend to look what's around me to determine my numbers "rather than what I wish it to be."