8/28/2006-Peter Schiff Predicts The US Economic Collapse With Unbelievable Accuracy

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Channel: News & Politics
Uploaded: March 6, 2008 at 7:25 pm
Author: PhilDeCarolis

Length: 00:08:15
Rating: 4.98
Views: 218376

Tags: peter schiff Kudlow Company housing bubble. mortgage meltdown credit crunch inflation gold foreign ron paul Jim Rogers Marc Faber David Tice Paul Volker Bulls And Bears Cavuto Peter Schiff Euro Pacific Capital Real Estate Tom Adkins Mike Norman Patricia Powell Ben Stein Economy Ron FOX

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numbing numbered numerous Comments:
ssstealth (December 1, 2008 at 10:47 am)
Schiff wanted to bet a lot more than that too, lol! Shows how good he is and how much of a hack Laffer-the-laughingstock is.
hillaroo666 (December 1, 2008 at 9:24 am)
Laffer has made a 'laffing' stock out of himself.
sdunn96 (December 1, 2008 at 8:15 am)
He did, and he still does. Get gov. out of the way and let the market correct itself...it is gonna hurt, but it may have to happen. Then if you are smart, you start saving. Cause if things don't correct....all the money your 401k lost will be nothing when the dollar becomes worth even less.
tm9847 (November 30, 2008 at 8:03 pm)
why doesn't this douche tell us how to get out of this, if he's so smart
iodyn (November 30, 2008 at 5:59 pm)
classic
procrastin8er (November 29, 2008 at 11:56 pm)
there are no republicans or democrats. they are all the same - chasing special interest money. the fed can create all the money it wants to buy them all, which i believe it has.

i still can not understand how an economy can operate with a money supply that is based on nothing - it just gets injected into the economy without any labor. money supply is supposed to be a commodity of some sort that has value to be compared with other products in the economy for exchange purposes.
ciclofinal (November 29, 2008 at 8:11 pm)
"monetary policy is spectacular"
LOLOLOLOLOLOLOLLOLOLOLOL
chrisdorman (November 29, 2008 at 7:04 pm)
Art must look back at this clip with embarresment and shame, Peter Shiff like nouriel roubini seen this crunch coming. all the idiot republicans who drove the US to this financial abyss through over leverage
beelzebubblicious6 (November 29, 2008 at 6:30 pm)
I guess Art Laffer owes Peter Schiff a penny.
detroittigsbaby (November 29, 2008 at 2:51 am)
I am not much of a fan of the democrats, but this whole economic downfall is everybody's fault. I know Bush gets blamed for everthing from this economy to the bridge collapse, but everybody is at fault including him. I wish the politians would just get their heads out of their asses and come use some commonsense for once. Instead they all have to act like a bunch of third grade pricks who think they all own the playground. A Government for the people...haha that'sa f'n joke.