You are currently browsing comments. If you would like to return to the full story, you can read the full entry here: “Nov 2006 Peter Schiff Mortgage Bankers Speech Part 1 of 8”.
Nov 2006 Peter Schiff Mortgage Bankers Speech Part 1 of 8
This entry was posted in Mortgage Tips and tagged analysis, commentary, economy, mortgage, Peter, Schiff. Bookmark the permalink.
25 Responses to Nov 2006 Peter Schiff Mortgage Bankers Speech Part 1 of 8
ok, “characterized”. Are you happy?
Report Spam/Abuse
is your IQ negative or something?
Report Spam/Abuse
No only denial is the problem, some people are too stupid to see reality
Report Spam/Abuse
And what goods are they producing for export?
Dream on buddy. America is fucked.
Report Spam/Abuse
Are you in reality? Examine what GDP is and how the numbers are formulated, to include inflation rigged inflation figures, and then revisit your stance on our GDP.
Report Spam/Abuse
Furthermore, we are a net consumer economy with a small and shrinking productive base. Our debt as an export to be proud of is a fallacy; our debt is worthless and our creditors are slowly figuring it out and are trying to figure out how to dump us as they receive devalued dollars in payments. The rally in the US dollar will end as soon as the flight to perceived safety is over (IE deleveraging is over) ad we are in for a collapse in the dollar and rapid price inflation of consumer goods.
Report Spam/Abuse
Yep. This is the world today. Sheer madness
Report Spam/Abuse
a product?
that’s funny, I always thought selling a bond to china meant borrowing money from china. how’s that adding to the GDP? except of course that you can inflate the GDP further by spending the borrowed money.
what you’re looking for is the capital account. which happens to be negative for the US too, but the current account is more relevant in this situation anyway.
Report Spam/Abuse
Fallow Jim rogers to singapore. He’s has it right
Report Spam/Abuse
Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.
Report Spam/Abuse
thehelpfund.blogspot
Report Spam/Abuse
Don’t Get Foreclosed On Modify Your Loan go to homesaver(DOT)tk
Report Spam/Abuse
The minute the Chinese stop buying treasuries, the dollar will soar higher.
Report Spam/Abuse
good point, lol.
Report Spam/Abuse
How? The US public requires borrowing to pay the interest on the existing debt. The Fed will still print Treasuries but will have to raise interest rates to get people to buy them., thus increasing the supply of dollars at redemption.
Report Spam/Abuse
I remember this now!
Report Spam/Abuse
Who got the money to by them?
Report Spam/Abuse
no u are wrong coz all this stimulus and borrowing from the reserve(private bank) will put it down more only when spending is done will it rise.
Report Spam/Abuse
Peter needs to replace Barney Frank!
Report Spam/Abuse
I get what he’s saying, fucking Asians…..
Report Spam/Abuse
Who would by them at any price? The communist US government is about as solvent and functioning as Russia was in 1984. Treasury notes are worth even less than federal reserve notes.
Report Spam/Abuse
Funny that, right on the podium, it says
“Mirage”
Exactly what a bubble is no?
Report Spam/Abuse
I agree!
Report Spam/Abuse
could someone message me and let me know what part of the video he talks about capitalist fundamentals and the benefits of a contract economy?
thanks
Report Spam/Abuse
peter schiff appeared in my dream. I broke into his house. But there was nothing tangible to find. Then he came in and i said something..i cant remember hahaha i ve watched too much schiff videos
Report Spam/Abuse