Peter Schiff , More Pain Ahead
Posted By: admin | 2009.11.21
Visit www.lendinguniverse.com commercial hard money lenders in california lending hard money loan. -’Crisis Only Just Beginning’ Right About the Crash, Peter Schiff Sees More Pain Ahead Posted Nov 24, 2008 01:55pm EST by Aaron Task in Investing, Newsmakers, Recession . Lending Universe… … economic crisis Peter Schiff November Ben Stein loans hard money lending appraisers real estate
25 Comments:
stm333 / December 4, 2008 10:20 pm
No no no, I think you misunderstood their message–you must’ve missed the banner that they posted right before that one. It said, “The only thing to hope for…,” afterwhich they posted the phrase “Maybe this time he is wrong.”
So, to paraphrase, the full meaning of their message was meant to be read as: The only hope we seem to have is that this guy might be wrong–and given how often he’s been right, that seems unlikely.
Schram1 / December 4, 2008 11:35 pm
Peter schiff 2012
timmymcdee7 / December 5, 2008 9:26 am
it was actually Nixon who closed the Gold Window. (to jeffcaldwell2″)
thomasst2 / December 5, 2008 1:27 pm
Abraham Lincoln closed the blinds (greenbacks), Wilson unlocked the window (the Fed), Roosevelt started the closure(gold confiscation in 1933) and Nixon slammed it shut.
jeffcaldwell2 / December 5, 2008 10:03 pm
oh damn… i guess that means i must learn what reagan did.
timmymcdee7 / December 6, 2008 8:46 am
He gave supply-side economist jackass Art Laffer his undeserved fame. that is what Reagan did
jeffcaldwell2 / December 6, 2008 8:48 am
oh my god…. art fucking laffer. jesus fucking christ. that guy got torn apart by mr schiff lol and boy am i glad
chootlund / December 6, 2008 5:41 pm
Yeah, Nixon closed the gold window (i.e., America DEFAULTED to international creditors) but there were still some fiscal restraints in that era, unlike the Reagan era, when the free-for-all started.
minnevikings / December 12, 2008 4:02 pm
You are 100% correct.
coejonathon / December 13, 2008 2:42 pm
woodrow wilson was nothing more than a college professor put in place by the people who created the federal reserve at jeckyll island in georgia….and who is barack obama again…another nobody put into place to be used as a puppet to carry out the fed’s agenda..our governement had no control…the fed is above the law
reYKCuf / December 15, 2008 1:16 am
Holocaust™
Delusional68 / December 15, 2008 1:45 am
You are correct.
coejonathon / December 15, 2008 2:41 pm
and printing more money..which you think will let us pay off the debt, only adds more debt, and steals value out of the existing money supply…that’s a hidden tax on you brother, built into the fiat money system, our dollar in 1914 when the fed was put in place..is valued a 4 cents…but lets print more money…good idea, lets get this thing all the way to 0!
jebediah046x / December 19, 2008 7:03 am
this economic crash was no accident, watch while your nation is jioned with canada then watch as africa and proabably the UK is too. what all soverienty disolve watch seperate goverments collapse watch a world government errect and watch earth become a prison. Or you can fight it
ggadguy / December 28, 2008 3:12 am
Peter speaks the truth. If you want the latest Peter Schiff videos, articles, and his podcast, check out Peter-Schiff . com. It’s all on the front page.
TruthandJustice101 / December 31, 2008 11:08 pm
2009= GREAT DEPRESSION
Get ready to lose your job, car, house.
UseSumLogic / January 9, 2009 3:57 am
It’s funny how morons who support a fake economy based on debt and credit and a worthless dollar laugh at the geniuses who warn them. Then when the morons are proven fucking wrong, they try to make excuses. The world needs more Schiffs.
UseSumLogic / January 9, 2009 4:00 am
By the way, Ben Stein is a fucking idiot when it comes to the economy. He knows triva, he does not understand economics. He needs to keep his old fucking mouth shut on this topic.
kolarshooter / January 9, 2009 3:25 pm
“It all started with Reagan.”
I disagree. It all started when Nixon mandated the cessation of (what was left of) the “Gold Standard.” That allowed/encouraged the reckless borrowing/”monetizing” which brought us from worlds #1 lender (in 1980) to world’s #1 debtor today.
Pathetic.
Jacobrester / January 10, 2009 8:16 pm
You are a dumbass unqualified college drop out who doesn’t know shit about what you are talking about !!
Peter Schiff was DEAD WRONG on his second half 2008 economic predictions.
You have an inferiority complex that manifests itself in anger and hatred toward the USA.
Get off your lazy ass and pay for your own college like so many of us have already done. Stop bitching and moaning about how bad things are.
We are VERY dependent upon the USA, even if you wont acknowledge it.
ABOSOLUTEKNOWLEDGE / January 11, 2009 10:22 pm
briliant
yet even a kid can undestand th fundametlas of it
KhmerD0g / January 19, 2009 12:25 pm
sometime in Feb/Mar there will be a crash of U.S. treasury bond. korean pension fund manager predicted so. check the link story at maxkeiser dotcom.
LouieFrias / January 27, 2009 1:50 am
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Jinxguy1000 / June 7, 2009 2:14 am
It doesn’t matter if Peter was wrong about some things. Like any other person was more right than Schiff about the current crap-state of our economy?
NWAsMostWanted / July 29, 2009 2:55 pm
how is it that this guy knows exactly whats going on and people like bernanke and other “brilliant economist” have no fucking idea whats going on? Let every company on the verge of failure fail that is capitalism. When times are good companies want no gov’t interference but, as soon as they are about to fail they are begging for gov’t intervention and help.