Nov 2006 Peter Schiff Mortgage Bankers Speech Part 5 of 8

In 2006 Peter Schiff tells over 1000 mortgage brokers they are about to be out of jobs. Watch how he completely nails the coming real estate/mortgage debacle before anyone else even realized it was coming.

Category:

News & Politics

Tags:

• Peter
• Schiff
• economy
• commentary
• analysis
• mortgage

[BarkingDragon]

We need guys like this helping the government fix this mess. Instead we have the same jackasses "fixing" the problem that made it.

[yetzoz]

he did so in 2002... search "peter schiff 2002" and watch the interview

[sha370z]

Jul 2008 $ 6 gas

[sha370z]

my dad said it was his house what a joke

[sha370z]

Mortgage mean buy now pay as you go miss payments your out

[ownerowner100]

peter is a fucking stud

[sha370z]

getting a house is easy making your payment each mo for 30 years or more very very very hard

[gaguy1967]

He wasnt invited back in 2007

[gaguy1967]

I agree food is maniuplated as a commodity. Also using food as fuel made it worse

[pretorious700]

Depends on which side of the trade you are on. Food is now being manipulated globally as a commodity....Actually, it has been for a long time, but recently speculation has begun to affect supply, not a good thing.

[pretorious700]

wow, you can hear the audience squirming

[wilsonspaulding]

This is not fortune telling, just basic Austrian economics. This shows how much we need to pay attention to the same principles right now so we're not blind sided by the coming economic fiasco even as people were in '06....