23
Aug
Related entries:Economy
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
Video Rating: 4 / 5
Robert Reich connects the dots on the economy, in less than 2 minutes and 15 seconds. Who knew he could draw!?!
50 Responses to “Peter Schiff: ‘US economy heading for disaster’”
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August 23rd, 2011 at 1:52 am
WORKERS OF THE WORLD UNITE!
SOCIALISM OR BARBARISM!
August 23rd, 2011 at 2:10 am
@mrmishulik I think far from China being a rising dragon it will simply become a flapping red herring. Its infrastructure would fold in the next few decades under its ever increasing oil prices and living costs and decades of the one child policy (and massive difference in the ratio of male and female populations) will be hell when their population begins to age like it has in the West for decades.
August 23rd, 2011 at 2:42 am
@rudemood2011 Yes, these women are very, very attractive.
August 23rd, 2011 at 2:47 am
OMG, All I can think of is TITS TITS TITS TITS TITS TITS TITS TITS TITS TITS TITS TITS TITS TITS TITS AND TTTTTIIIIIIIIIIITTTTTTTTTSSSSSSSSSS!!!!!!!!!!!!!!
August 23rd, 2011 at 3:04 am
America ain’t capitalist. Fractional reserve banks ain’t capitalist.
August 23rd, 2011 at 3:37 am
The US would have a better auto industry if they made better cars !!
August 23rd, 2011 at 3:41 am
@randomnessextremez
in canada, u rob bank?
August 23rd, 2011 at 4:16 am
level of hiphop. What I am afraid of is that modern industry supplies the goods for almost 1billion westerners to live from. Atleast 50% of those might starve. I hope its not me.
Either way im going to stuff myself big time before that happens.
August 23rd, 2011 at 5:04 am
I actually Appreciate this poverty thats been cast upon the western world. Im a european myself and I dont fucking care what happens to my country or to the world. Im a human, a nation is just a dyed flag to whipe your ass with as a excuse to divide people.
maybe people will thrive for something else other then to work 40days a week to support a flawed economic and immigration program and to buy presents for xmas to then later get fucking depressed.
Maybe our initiatives will grow beyond the
August 23rd, 2011 at 5:06 am
@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…
August 23rd, 2011 at 5:41 am
@mikailmari youre right unless A BIG WAR is coming, were all be the SLAVES of the CHINESE EMPIRE …
August 23rd, 2011 at 6:10 am
@OfficialKohieArts cause Schiff is a one-hooker pimp, and his whore’a name is money.
August 23rd, 2011 at 7:07 am
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.
August 23rd, 2011 at 7:20 am
Dude, where’s my job? Its in India. We have only prospered thanks to debt and that is about to end.
August 23rd, 2011 at 7:22 am
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.
August 23rd, 2011 at 8:12 am
I love how Peter always manages to pimp slap these talking heads.
August 23rd, 2011 at 9:04 am
Ron Paul 2012!
August 23rd, 2011 at 9:28 am
There goes our high credit rating
August 23rd, 2011 at 9:37 am
Whats the deal with the little whore with the blue shirt and her little fried eggs tits stickin out like she owns a pair?
August 23rd, 2011 at 10:30 am
this chick talks way toooooo much. definitely very full of herself. let the interviewee answer and elaborate please. thx
August 23rd, 2011 at 11:02 am
Why is it Europe’s business anyways, They have lots of money and currency.
August 23rd, 2011 at 11:42 am
Love this!
Recession Buster$
youtube.com/watch?v=6sCE3LKEdaY
August 23rd, 2011 at 11:46 am
Dude, where s my job ? its in china
August 23rd, 2011 at 12:27 pm
She has the dumbest fucking look on her.
August 23rd, 2011 at 1:10 pm
that graph look likie a naked woman spreading out her legs ready to get fuck
August 23rd, 2011 at 1:43 pm
WORKERS OF THE WORLD UNITE!
SOCIALISM OR BARBARISM!
August 23rd, 2011 at 1:45 pm
@mrmishulik I think far from China being a rising dragon it will simply become a flapping red herring. Its infrastructure would fold in the next few decades under its ever increasing oil prices and living costs and decades of the one child policy (and massive difference in the ratio of male and female populations) will be hell when their population begins to age like it has in the West for decades.
August 23rd, 2011 at 2:40 pm
@rudemood2011 Yes, these women are very, very attractive.
August 23rd, 2011 at 2:44 pm
OMG, All I can think of is TITS TITS TITS TITS TITS TITS TITS TITS TITS TITS TITS TITS TITS TITS TITS AND TTTTTIIIIIIIIIIITTTTTTTTTSSSSSSSSSS!!!!!!!!!!!!!!
August 23rd, 2011 at 3:38 pm
America ain’t capitalist. Fractional reserve banks ain’t capitalist.
August 23rd, 2011 at 4:13 pm
The US would have a better auto industry if they made better cars !!
August 23rd, 2011 at 4:20 pm
@randomnessextremez
in canada, u rob bank?
August 23rd, 2011 at 5:08 pm
level of hiphop. What I am afraid of is that modern industry supplies the goods for almost 1billion westerners to live from. Atleast 50% of those might starve. I hope its not me.
Either way im going to stuff myself big time before that happens.
August 23rd, 2011 at 5:17 pm
I actually Appreciate this poverty thats been cast upon the western world. Im a european myself and I dont fucking care what happens to my country or to the world. Im a human, a nation is just a dyed flag to whipe your ass with as a excuse to divide people.
maybe people will thrive for something else other then to work 40days a week to support a flawed economic and immigration program and to buy presents for xmas to then later get fucking depressed.
Maybe our initiatives will grow beyond the
August 23rd, 2011 at 5:31 pm
@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…
August 23rd, 2011 at 5:54 pm
@mikailmari youre right unless A BIG WAR is coming, were all be the SLAVES of the CHINESE EMPIRE …
August 23rd, 2011 at 6:03 pm
@OfficialKohieArts cause Schiff is a one-hooker pimp, and his whore’a name is money.
August 23rd, 2011 at 6:36 pm
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.
August 23rd, 2011 at 6:47 pm
Dude, where’s my job? Its in India. We have only prospered thanks to debt and that is about to end.
August 23rd, 2011 at 7:39 pm
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.
August 23rd, 2011 at 8:18 pm
I love how Peter always manages to pimp slap these talking heads.
August 23rd, 2011 at 8:21 pm
Ron Paul 2012!
August 23rd, 2011 at 8:57 pm
There goes our high credit rating
August 23rd, 2011 at 9:11 pm
Whats the deal with the little whore with the blue shirt and her little fried eggs tits stickin out like she owns a pair?
August 23rd, 2011 at 9:22 pm
this chick talks way toooooo much. definitely very full of herself. let the interviewee answer and elaborate please. thx
August 23rd, 2011 at 9:49 pm
Why is it Europe’s business anyways, They have lots of money and currency.
August 23rd, 2011 at 10:42 pm
Love this!
Recession Buster$
youtube.com/watch?v=6sCE3LKEdaY
August 23rd, 2011 at 11:05 pm
Dude, where s my job ? its in china
August 23rd, 2011 at 11:25 pm
She has the dumbest fucking look on her.
August 24th, 2011 at 12:19 am
that graph look likie a naked woman spreading out her legs ready to get fuck