Peter Schiff was Right Again and Again
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@drwhowhatwhere clown ass nigga go do what u do. fake made bitch keyboard gangsta im done with yo ass. go get a bitch even if all u can fuck is yo hand might give you somethin to do other that worry bout me.PUSSY!!
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@theshortfuze bitch please you better shut that scatmunching mouth of yours before i tittyfuk your fatazzz
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it takes you a month to reply what a clown. homie if we went head up id knock your bitch ass out period. choke slam your bitch ass
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@theshortfuze was conceived with a weak sperm see what happens when your father jerks off on the toilet seat and your mom sits on it.
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As the End of the Fiscal Year comes, obama's Demand on MORE TAX, MORE DEBT while "CANADA, OTTAWA, has created more JOBS in June than ALL AMERICA & NORTH AMERICA in the past YEAR!" apparently These "EXPERTS" don't know how to admit The END is NOW!
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@drwhowhatwhere wow one thing on the many he predicted tobe correct. You blind fool shut your mouth or get it punched in, you nutless pussy.
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Alright, let me explain this to all the statist out there. What you see is the classical statist arguing with a classical economist. Take note that the classical economist talks about savings and investments, this is important. The only real wealth that is produced is through savings and investments. Fast forwards, turns out the classical economist was right. OOPS!!!!
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Basically what Laffer is arguing is that if you have a lot of assets in your possession, you're wealthy, whether you've paid for them completely or not. A lot of people for a long time have looked at things that way. If you borrow $1 mil, invest it, and lose $100,000, Laffer would have you believe you're still 900,000 ahead. The problem is, how do you make up that 100,000 if you lost it in the open market? Debt is not an asset. It's a liability. Assets are what you have after you pay off debts.
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@delyshBB: Mostly for the banksters that own the private FederalReserve and other banks that form part of their network of financial terrorists and predators. But yes, also for politicians... the federal reserve will print as much money as the politicians want to spend. They'll create unlimited electronic money to buy government bonds that get government (and thereby taxpayers) into infinite debt [to the FederalReserve predators].
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@honestann maybe you mean for the sake of politicians, since the Fed is just bailing politicians out.
The economy is being destroyed on purpose, for the sole benefit of the gangster banksters in the central bank and their cronies.
Evidence: several people like RonPaul, PeterSchiff, JimRogers, MarcFaber, GeraldCelente have repeatedly stated on mainstream media what was happening for several years.
ZERO of these people have been asked to give their opinions to the government on how to "fix" the disaster. This is because the powers-that-be KNOW what they are doing - purposely destroying us.
honestann 3 years ago 14
WOW!
Mr. Schiff is a prophet of the markets! simply amazing.
muderlak 3 years ago 10