Dollar down again, Geithner in China, outlook for global demand
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Your vid is popular on Majuro
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This video went viral on Honduras
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He is Austrian school economist , sound Money , and hard work and savings , ,
His view would sent unemployment to 20-30 % in 2010 , Collapse of banking industry , to make it short , Collapse of USA economy , They can not do that Peter Shiff ,,, They are doing OK , Your view has to come slowly , you can not just let these huge banks bankrupt ,
USA is in debt to their eyebellas , it will eventually cause big probelms for USA economy.
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Greece is looking like monetary crisis like in Iceland. I have some stock in a Greek shipping corporation, called Diana Shipping.
China will keep there money below the Dollar as long as possible.
Its about steel more so than money. USA steel is twice better than China's steel. China dumps 1000s of tons of steel on the market that's low grade steel. USA steel must have a high quality to sell it. Its not always about money. Steel, steel, steel, steel.
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Depression not inflation is coming. Within 3 months.
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Who cares? You know it's the city where the center of the world power is.
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The military industrial complex. These mother fuckers have landed the biggest sweetheart deal you can imagine. They get cost + 15%. In other words, they didn't make a bid to contain costs, they got a deal that guarantees runaway spending. The more they spend and the more inefficient they are, the more money they make. Tax payers are being billed huge amounts for burgers fries and soft drinks. We need to go back to when the military provided their own services!
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I agree
what is the MIC?
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It's Beijing now, Peter. Used to be Peking.



What is an American? What do Americans stand for? What are Americans laws and rules? Are Americans actually free? Free from what and who? Someone help me please because I was borne American.
~ Author unknown
Jfkennedy62 2 years ago 7
Sure the Chinese can stop saving and still loan the US money. They can just print the money out of thin air like we do. Geez, Peter, I thought you understood the finer point of economics.
:^)
Peter Schiff for Senate!
Liberty4Ever 2 years ago 5