Peter Schiff Economics Without The Propaganda
 

I have been following Schiff for quite awhile because he says it like he sees it. An economist that's not controlled by corporation, wall street or the government.
He was warning about the dot com bubble, the housing bubble, Bitcoin bubble.

He has continued to warn for the past 20+ years being right in a lot of important cases. It's a lot easier being right when you look at economic on sound fundamentals without outside force slanting opinion. He has not cared who was in power at any time and will point out the mistakes regardless.

Anyway if you're interested in our economy or your livelihood and future security of your family. Please take an honest look and keep alert at what is going on in America and the world.

I'll start at early vids till todays current thought which is is the main reason for this post.

Young Peter Schiff Discusses the Tech Bubble in 2002
http://www.youtube.com/watch?v=U_X6qLBtRTA

Peter Schiff Calls The Collapse In 2006, Gets Laughed Off FOX News
http://www.floatingpath.com/2012/05/...ghed-fox-news/


The documentation of this 2006 speech sounds like he is talking about the history of the housing bubble and financial crises. He also talks a bit about what will happen afterwards. He lays out play by play exactly what happen a year later.

Nov 2006 Peter Schiff Mortgage Bankers Speech Part 1 of 8
http://www.youtube.com/watch?v=6G3Qefbt0n4

That brings us to current time and his thoughts have not faltered. Well it looks like the vid was made in November 2013 We are not out of the woods and the economy is propped up by the Fed. Their QE and low interest rates are kicking the can down the road. He also calls the bubble in Bitcoin.


Peter Schiff - Market Crash 2014 | London Real
http://www.youtube.com/watch?feature...&v=XSj4tpu0kYU

A lot of what I try to bring here is the fundamental of economics.

In another thread icenine made this comment to me. Trying to justify lack of knowledge because no one could possibly have known the looming financial crisis and housing bubble.


Originally Posted by icenine View Post
I do not think it was a lie at the time

-no one saw the internet changing the economy like it has< Just the whole world

-no one saw the outsourcing of private enterprise overseas and the decline of manufacturing in the United States<Ross Perot did and let the whole country know over 20 years ago.

-no one foresaw the Great Recession...the GOP sure did not<There was many sounding the alarms like Peter Schiff.

-no one saw the gridlock coming with ascension of the Tea Party and the threat to the GOP that is has become< That's what happens when government goes against the peoples will.


I understand this fear of future you have.....but instead of castigating Obama and liberalism in general you should look for solutions. Have you noticed how Jerry Brown has brought us back from the brink after years of GOP (and I won't forget Grey Davis ) inability to balance a budget ? There is an example right there that you do not even acknowledge.

Do not take this the wrong way but the threat to the future you are always calling unsustainable is coming from people in this nation who you think are doing good......but are really holding us back.
http://www.politicalchat.org/showthr...?t=7000&page=7

icenine the ones holding us back is MSM, Government and banking sector.

You did not know of a crises because you listen to misinformation. "Lies"

Bernanke Was Wrong

http://www.youtube.com/watch?v=INmqvibv4UU

See for yourself

This message is hidden because 4-2-7 is on your effoff list.

This message is hidden because 4-2-7 is on your effoff list.

Hey 4/2/7, why don't you flip out on this thread? That will be like talking to yourself and I promise not to peek. :eek: