Peter Schiff Aug 3rd VLOG
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I don't think it's all over for America. I think Lady Liberty has one good, strong kick left in her. At this time Americans are beginning to look at how bad things are and what they have to do to get themselves out. America is seeing it's a long journey out, but that the journey is well worth it.
America needs to pray hard and begin to see God bless America again.
I really don't think the average American wants to lose the good life it has been given by past generations.
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I realize their communist, whether or not they are stealing our tech and secrets it comes down to the fact that we are sending our wealth/productive ability to china by purchasing their products. When they build factories they are taking our wealth and creating jobs for their people. By increasing their productive capacity they reduce prices to the consumer inside or outside of China.
when we issue debt we reduce the purchasing power of our money which pushes up our costs to import and produce.
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shouldn't, typo.
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you should let other people do "Unspun", they're simply not good at it. I listen every week.
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Something I cant understand is that in the USA you have the smartest people in the world. The best elitclass. Why have they done this to their country? Is it all greed? China wants to be a new superpower, and they are doing all the right things. They act in their nations best interest. But in USA, nobody in the elitclass cares what happens to the country. They just wants to be richer. And thats why they gonna fall as a nation.
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Peter, will Canada be in the same situation as U.S.? I heard in the news that if Canada dollar increases in value, it will be bad for the Canadian economy...right now Canadian is at 0.93
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Peter, thanks for posting as always..
If you're going trying to make a run, you've got to get an HD camera or a high-quality webcam. If you want let me know and I'll donate one for your campaign!
-Clapsbury Cunningham
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Yea, this is not a recession...Houses don't loose 50% + of their value over an 18 month period in a recession, this kind of devaluation is more depression style.
Until housing comes back, (which it wont for years) nothing is really going to change. This is the new economy, get used to it.
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Peter Schiff please speak into the microphone you are barely audible
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I'd like to help Peter's campaign for Senate by giving him a pearl necklace.
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good vlog
stoneeh 2 years ago 5
There are 20m unemployed in the US. Population 300m. 30m in China, population 1500m. Work it out.
poborskyuk 2 years ago 4