Peter Schiff: ‘US economy heading for disaster’
Posted by admin in Finance Saturday, 13 August 2011 01:42 25 Comments
America’s credit rating is at risk, the unemployment is up and the residential real estate market has double dipped. Is it time to change the way the world economy works? “We are heading for a huge disaster,” says Euro Pacific Capital President Peter Schiff. As the US dips from a recession to a depression, Schiff says, America needs to stop borrowing money if they want to prevent driving off the proverbial cliff. Follow Lauren on Twitter at twitter.com
@mrmishulik yeah BRIC s countrys will rise and usa and europe will fall. Europe has too much immigrans and islams. Brasilia, russia, India and China. and Asia: korea, japan, astralia, singapore, indonesia…
@mikailmari youre right unless A BIG WAR is coming, were all be the SLAVES of the CHINESE EMPIRE …
@OfficialKohieArts cause Schiff is a one-hooker pimp, and his whore’a name is money.
Peter Schiff is just another blood-sucking meat-head disguised as a sharp-dressed capitalist. you gotta be a fool to not see right through him. The rich get richer off of the poor- period. this guy’s corporations make millions & he pays nothing in taxes, where his victims work their asses off & pay 1/3rd of their earnings in taxes. What a fuck-head. Peter Schiff is a fuck-head. and you’re a fuck-head if you’re not disgusted by this closet-faggot.
Dude, where’s my job? Its in India. We have only prospered thanks to debt and that is about to end.
The Roman Empire lasted 1,000 years, but only about half that time as a republic. The Roman Republic fell for many reasons, but three reasons are worth remembering: declining moral values and political civility at home, an overconfident and overextended military in foreign lands, and fiscal irresponsibility by the central government. Sound familiar? In my view, it’s time to learn from history and take steps to ensure the American Republic is the first to stand the test of time.
I love how Peter always manages to pimp slap these talking heads.
Ron Paul 2012!
There goes our high credit rating
Whats the deal with the little whore with the blue shirt and her little fried eggs tits stickin out like she owns a pair?
this chick talks way toooooo much. definitely very full of herself. let the interviewee answer and elaborate please. thx
Why is it Europe’s business anyways, They have lots of money and currency.
Love this!
Recession Buster$
youtube.com/watch?v=6sCE3LKEdaY
Dude, where s my job ? its in china
She has the dumbest fucking look on her.
that graph look likie a naked woman spreading out her legs ready to get fuck
bank rob u cuz they are so charming and good at tricking u advice never trust a jew or a white ppl in america acting lik ur best friend
@dmeiske1 did you see obama looking at them?
Man, she has a nice boob job for things getting so bad. At least she could afford those for her job.
i digest beef…
If you don’t care for big government perhaps it’s a good idea to do what others have done in the past when arrogance and idiocy reached absurdity.
Just a thought.
.
well, if you have no job and your broke. it will be a bit like being young again.
boobs.
Why doesn’t anyone call it what it is a friggin “depression”? I’m sick of the media covering up for these SOB’s in DC.We are in a depression !! How many banks have failed ? What is the comparison of bank failures to the great depression of the 1930′s ? Millions out of work,no jobs,food prices double and triple,gasoline almost unaffordable but Oh,it’s just a recession,yeah right.Stick that crap up someone else’s ass because mine is full.
Fuck Murdoch. Fuck Cameron. Fuck Obama. Fuck Ron Paul… Fuck Put me & my friends in. We’d only have one rule – do as you please, as long as you do not in ANY way inflict on anybodies elses equal right.to that happy state of freedom. I mean…. Cmon people, the system doesn’t work. Fuck ‘money’…. There’s enough to go round, and there always has been. Stop being greedy cunts…. It’s so simple it’s embarrassing. What has our species become?……