Gary Shilling Laughs Out Loud At Peter Schiff's Ignorance

Dr. Shilling cannot contain himself and bursts out into laughter into Peter Schiff's ugly face, after hearing his drivel about Murphy's Law. However, the actual highlight of this clip is Peter's total ignorance about data regarding consumer de-leveraging. Again, some "economist" this blockhead is.

*****

Gerald was in his front yard mowing grass, when his horse faced neighbor, Peter, came out of his house and went straight to the mailbox. He opened it, then slammed it shut and stormed back into the house.

A little later he came out of his house again, went to the mail box, and again opened it and slammed it shut again. Angrily, back into the house he went.

As Gerald was getting ready to edge the lawn, Peter came out again, marched to the mail box, opened it and then slammed it closed harder than ever.

Puzzled by his actions Gerald asked Peter, "Is something wrong?"

To which Peter replied, "There certainly is! My stupid computer keeps saying, YOU'VE GOT MAIL."

Category:

Comedy

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[ParapaDrifter]

would it be too much to ask for the sources for these graphs? You may be right but I want to make sure, especially when it comes from such a Keynesian extremist

[SchittReport]

@ParapaDrifter

firstly, i am not a keynesian extremist.

secondly, the evidence is in the data.

thirdly, either look at the left or right bottom corners for the sources.

lastly, your prior posting doesn't even address the main point of this video and is largely irrelevant.

[geglockn]

Let's see... Peter Schiff said treasury bond interest rates would begin to rise. Gary Schilling claimed they would fall further. For four months they have been rising just as Peter Schiff predicted. Excuse me, but who is the ignorant one? Looks like just another "Peter Schiff was Right" video. Thanks for the contribution.

[SchittReport]

@geglockn

watch?v=DLMebsio48Q&feature=re­lated

do you know why i allowed your stupid comment? because i want to make an example out of you. you are so goddamn stupid that you can't even watch a clip and understand the content properly. watch the bleeping video again, you retarded turd and tell me where dr. shilling says bond yields would fall. he says that QE2 is not working as intended and yields are rising.

and his name is shilling, not schillng, you illiterate cunt.

[franks2732]

@SchittReport What a hell of a great comment these fundamentalist Austrians are the most deranged individuals I have come across besides Scientologists. I don't understand economics but I can read a pie chart and a graph. it seems facts are irrelevant to these imbeciles

[SchittReport]

@franks2732

yes sir, and they pose a great danger to the US -- there are a lot of these pseudo-austrian nuts in the government now e.g. ron paul, rand paul, michelle bachmann, sarah palin etc. and if their rabble rousing ways take hold, theres no saying where this great country is headed.

[TheAnlcreations]

okay, go ahead and call me ignorant, but who is Peter Schiff? What does he do for a living? I have just now stumbled across these videos and I have never heard of the man. Sorry.

[wowmage666]

Seems like Schiff tends to make up bullshit on the spot all the time to help him on his great eternal quest of getting himself more money.

[Dutchguy74]

Austrian economics, well they proudly proclaim they don't use the scientific method because according to them economics too difficult to be studied with the scientific method, need I say more lolz

[bludger175]

@pismo10 smartest comment i have seen so far. Follow the money!

[boipinoi604]

There is merits in both argument.

[JBourneID]

Can you suggest some material to read that would help me understand why Peter Schiff is so wrong about the government needing to cut spending, the dangers of quantitative easing, housing policy & so forth? Seriously, I try to be open-minded & find the actual truth in things. I'm not interested in defending a view that may actually be wrong.

[pismo10]

He makes his living selling gold, what do you expect him to say....

[gwynedd1]

@conquerorofbabylon

That is exactly what I have done. I reduced my mortgage principle 20k a year for 3 years straight. Sure hope there will not be more like me because I will be doing the same again next year.

[itsonelouder1]

Do deflationists think people holding fiat currency are actually going to get richer ie. have more purchasing power?

[shitaye12]

Peter Schiff is born to make people bad at maths feel like geniuses.