Peter Schiff Mortgage Bankers Speech Nov/13/06

My Mortgage Bankers Speech from Nov 13th 2006 is now in one video clip. I gave this presentation at the the Western Regional Mortgage Bankers Conference in Las Vegas. There were over 2,000 mortgage bankers in attendance. I also made similar comments when I addressed this conference a year earlier in 2005 at the height of the real estate bubble. For those people who said no one saw it coming, this presentation is a real eye opener. Let's see if we can get this clip to go viral.

Thanks to a YouTuber called "csabasand" here is a full transcript: http://www.csaba.se/2009/09/26/peter-...

also check me out on http://www.facebook.com/PeterSchiff and http://twitter.com/PeterSchiff

• Category

  News & Politics

[ngl31186]

Don't forget that Schiff gives all these talks without any sort of notes, teleprompter, etc. Completely off the cuff. One of the best thinkers out there today, yet so underappreciated.

[docufreak1]

Most compelling econ video ive ever seen.

[gmanwally]

I bet those people saw Peter's face flash before their eyes after they slit their wrists when they lost everything they owned in 2008.

[Fireman Tim]

That guy at the end, what a prick, he got that wrong didn't he :)

[LeonWevans]

That was like 7 years ago. What do you expect? It's like 50y/o

[Kyong Kim]

Speech made years ago. Message still sounds current.

[nice0shot]

Schiff must have a crystal ball, because he was so spot on it's actually kinda scary.

[avneet12284]

Barry got his ass kicked big time. Wow, clueless is a nice word for the guy. Schiff rightly predicted the recession.

[MegaSilvershine]

At 1:06:30, Barry asks to be invited back year after year to see who was right. Maybe time to take him up on that and see if he will debate you again today.

[RevoluciaNow]

I love schiff but I want him to talk a bit about American war and killing of Indians and slavery etc. All things that contributed to America's strength that are not feasible now.

[AsgerJon]

Schiff makes one interested in economy.

[Dave R]

Schiff speaks the truth. Youth unemployment here in UK was falling from the 90s recession until the min wage was introduced in '99. It began rising again shortly after as employers realized they couldnt afford the cost... news.bbcimg.co.uk/media/images­/55989000/gif/_55989092_youth_­unemployment_464.gif

Consider also the youth unemployment rates in Germany (no minimum wage) and France (minimum wage around $13)