Ron Paul Advisor Peter Schiff’s Economic Forecast
The financial guru Peter Schiff, who has endorsed Republican U.S. Senate candidate Dr. Murray Sabrin, speaks here at a Sabrin fundraiser featuring Ron Paul in Newark, NJ on April 28, 2008
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PETER SCHIFF 2012!
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Schiff is bright. He gets it.
so true
some of this is preposterous! He CLAIMED that people saving their money helps to boost an economy and, nobody had the balls to challenge him on that trash! This guys brand of economics is very dangerous because, it requires one to wait and, hope a “private investor” comes and, saves the day! Saving money does NOT boost the economy of a country! Spending on private businesses boosts and economy!Shame on you peter for your shady economics!
saving money DOES help the economy retard.saving money encourages production. that’s why we have trade deficits, we don’t produce anything because we SPEND all the money on consumption–the opposite of production. America is a consumer nation! we don’t make anything worthy of purchase!!!! that is not a good economic place to be!!!!
Obviously you did not watch this video.
We as american have consume too much and haven’t learn to save. It will get worst! Elite groups who owns the federal reserve, they are the one creating this mass problems in our lives, just because they want more power. Everyone need to awaken!
the question is…when the US will collapse… will they drag the others into another war or will they implode in a social chaos?I am sorry for the american people. everyone abroad knows that the responsible for the coming mess are the puppeteers, the tiny oligarchies which rule that country
well done on the explanation. funny how people just want to know the solutions and ignore how we got here in the first place.