is the recession over ? Peter Schiff on CNBC 26 june
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That host is incredibly inept. My goodness.
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Recession is only over for corporate and banking elites, but NOT for the people!
Most factory jobs are being shipped overseas mostly China! When you look at a certain product you have or have bought, look at it where was it made in? CHINA!!!
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The recession is anything but over, America is in over her head!
Job losses continue to increase this is a serious sign that again the media whores are lying to us!
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@curiousEGM Peter Schiff is right., for the most part. Now it's time to let companies fall apart and disappear if they are not successful. The next stage is inflation, noticeable inflation. Then forcibly, the interest rates will have to go up. This will bring in another crisis, even worse than the last one. Then we'll be in a catch 22.
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I'm no expert but they are not quite truthful about saying that the recession is over. We are in a completely different world than the times of the early 80's and early 90's recessions. The Dollar is much weaker today than 20 or 30 years ago and we were not scammed like we are being scammed today. The gov't is spending money it doesn't, and never will have. Does it need more explaining than this? I think America is playing Russian Roulette with its future and the bullet is in the gun.
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"Big Debt and easy Money got us into this mess, yet more Debt and easy Money can get us out; what do you think?"
I think that its absolutely absurd to believe that. Its like a person allergic to Peanuts eats a few, gets sick and then eats a trillion more thinking that it will make them better, it won't. But by the time they realize that it'll be too late; they'll be dead.
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i wish it was over
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Then don't respond to me then. It's not my fault that I have proven to you that ron paul is an idiot.
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the government needs to get the hell out of the way, and stop with these giant plans. why are they acting so rich while running on empty. and most importantly the FED has to be destroyed
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When CNBC says to do one thing, I do the opposite.
nonantianarchist 2 years ago 4
If a stock is down 50% is has to go up with 100% to be at the same level as before.. It's simple but alot of people gets fooled by this..
mrmaelis 2 years ago 2