Peter Schiff On Kudlow & Co. Target Rate To Record Low Part 1-4 12-16-2008

Thanks to Phil DeCarolis http://www.PhilDeCarolis.com youtube channel PhilDeCarolis for this Peter Schiff video. If you are like most people and are confused about what your next move should be in the current Southern California real estate market, you would like to subscribe to Phil's free weekly newsletter or if you would like to utilize his website as your online resource please visit www.PhilDeCarolis.com!!

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Category:

News & Politics

Tags:

• Phil
• Decarolis
• Peter
• Schiff
• economy
• Ron
• Paul
• CNN
• Paulson
• Obama
• Bernanke
• Federal
• Reserve

[atheistnarnia]

fuck off

[geeoogle]

I studied economics in America, and look where it got them today. Basically American economic model means BUY FIRST PAY LATER. Whereas the rest of the world is other way round. The world has tremendous stocks of production and the low commodity prices are attractive to the very countries that produce them, like BRIC and Japan countries. USA is out of the equation now.

[sarjil]

while your assess ment if partly true, the increasing buying power of the rets of the world and the ver growing need of INDUSTRIAL needs for commodities from such coutries of east asia, russia, india, pakistan brazil and other countires would eventually counter and exceed the demand for these goods from USA.

[bgilliam83]

Study economics again. If the dollar crashes, demand can be shot but you are still better off holding commodities then the dollar.

[geeoogle]

much as i like to agree with schiff, he is wrong about commodities prices going up. Demand is the fundamental part of economics. Demand (especially from USA) was destroyed in the last three months too much. We will need another country, like China, to create a new world demand order.

[healthhavencom]

Wayne Angel is a bonehead.

Peter Schiff is the star to the show once again.

[jaychins]

thanks for the upload!

[garyowen4ever]

mcteer and angell are senile.

[MisterRothstein]

I love Wayne Angel's spluttering response when Kudlow puts him on the spot on Peter's behalf.

Then I love how Peter simply calmly responds "no we're not" in a matter-of-fact manner.

This is *great* TV!

[ngjanhoi]

peter schiff is the only one that is right and the rests are bunch of fools