Peter Schiff Attacks ben Bernanke 27 November 2009.flv

Peter Schiff Attacks ben Bernanke 27 November 2009

Category:

News & Politics

Tags:

• peter
• schiff
• dollar
• collapse
• us
• usa
• stock
• market
• economic

[tbackes]

there is no recovery

[gsrxx420xx]

peter schooled these 2 shills...lol  too funny

[MILMAG1]

About China´s saving causing it thats like saying well you left your car keys on the table so don´t blame for staeling your car... Its still your decision what to do just like it is the US´decision to borrow and consume

[aviomaster]

Just watch DETROIT and HIROSHIMA 60 years later.

[zignationer]

Ben Barnanke is an idiot!!

[Aliothemage]

"He correctly saw the economic meltdown coming and then stupidly proceeded to invest such that he lost 70% of his portfolio"

No, that is completely untrue. That 70% number comes from some people who invested in what he suggested at a very bad time. The people who invested in those same things at the earlier time he suggested have seen 360% returns. He is pretty intelligent and you either don't know what you are talking about or are simply lying.

[angrybanana88]

yeah in late 2008 this happened as people "fled for safety" in the dollar. Since then he and his clients have totally regained their portfolios and then some! Obviously Schiff is thinking longer term than you are..

[shahen13]

Peter Schiff is an idiot. He correctly saw the economic meltdown coming and then stupidly proceeded to invest such that he lost 70% of his portfolio. That is like a physician correctly diagnosing a patient with heart disease and then stupidly prescribing flu medication. What a dumb douchebag!!!

[LukeBarber1]

I know that you will call me niave as well . . . But Peter Schiff's solutions are based on common sense. The complexities of modern economics is a bunch of crap, look at what the "complex" hedge fund idea resulted in. We need to go back to common sense, but it needs to be a process over a number of years.

[patooshka]

...if a point of view extolling a free market system is "naive"....perish the thought of a viable alternative, as lessons in history have taught us time and time again....the applause was meant to drown out reason......

[kricke243]

But I do agree he could be a bit more "polite", and let people finish, even if he think they are dead wrong. Even though its funny to watch. :)

[kricke243]

The dow has been out performed by most other stock markets around the world since 7000, and a lot when you factor in the worthless us dollar, and insane when you compare the p/e's. So you are better of outside of the US. It was only a couple of month in 2008 peters ~10 year old thesis was a loss, and no market moves in a straigt line, it is always corrections. In 2009 it has been vastly superior, just like pre 2008.