The inevitable collapse of the dollar and the coming financial storm

Peter Schiff explains why and how the state of the American economy. Lets hope he is wrong, other wise the consequences are disasterous for the whole world.

Category:

News & Politics

Tags:

• collapse
• crash
• dollar
• run
• US
• USA
• Peter
• Schiff
• budget
• deficit
• America
• trade
• warning
• euro
• recession

[x8980]

i love economic crashes! it shaves off a lot of useless and exploitative products off of the market that were a set back to innovation!

and for that to happen lots of jobs must go!

its a good thing! there was no other way anyhow

[HLMSR]

What you consider as simple is tough to many workers and their families though. I am sad about it but it is one part of the reality.

[cybersphere]

A leaked report from a closed door congressional meeting in March, 2008 revealed the following:

1. the imminent collapse of the U.S. economy to occur by September 2008,

2. the imminent collapse of US federal government finances by February 2009,

3. the possibility of Civil War inside the USA as a result of the collapse,

4. advance round-ups of "insurgent U.S. citizens" likely to move against the government,

[HLMSR]

Hi everyone, do not mesh yourselves in the day of the collapse. Peter schiff does not have a crystall ball for the actual day, however he convinced me that it is coming. The other point is it is good to err against caution. Go outside the US if you want to invest, you may get a better or equal returns (in countries not loaded with debt). Its as simple as that.

You will only feel the collapse when you lose your job, when you dont have money for gas ... it should not necessarily be a 'collapse.'

[cybersphere]

Seen this one before.

The US dollar has been experiencing a real rally lately.

The last death throws before the final collapse?

[periwinkleblue24]

I hope you go outside and get hit by a bus, you fucking tribal hatemonger.

[charles43110]

eventually they EAT THE AMERICAN

[spboike]

Nice to see other points of view. GDP is GDP! We Consume the most and we create the Most in the World, 3 Times more the second place. Eventually soo our upgrades will be sold back to China as their living standards improve.

The largest currency used the most wins and it is the Dollar because it is In GOD We Trust and part of the New World Order.

[screwopenborders]

If America goes down so will most of the world. Remember we are all connected somehow. You buy from us, we buy from you.

[wookieeassassin]

fuck, things don't look too hot. I can only hope something happens to change the current path this country is on.

[jmallton]

@macbrunch Isnt it funny how things change...there you were hoping for the USA to collapse and it never happened....now all of Europe is near bankruptcy and France is sitting on 20% unemployment......LOL

[macbrunch]

I hope it gonna collapse. HAHA poor Americans :)

[alpertdon]

everyone knows it and now its a guessing game as to when the gig will be up.

[madridisinSpain]

Peter Schiff is right about the comments but extremely wrong about timing. Dont hurry with his ideas

[MainTightSqueeze]

Yeah I agree. This might be the mother of invention for some necessary and very cool technology.