Peter Schiff on Tech Ticker Yahoo Finance 24 Sept 2009

www.peterschiff.tk or http www.peterschiff.tk or http www.peterschiff.tk or http

25 thoughts on “Peter Schiff on Tech Ticker Yahoo Finance 24 Sept 2009

  1. LMAO believe what you will then, maybe when the US is all fucked then you’ll realize how much of a moron you are. i’ll just sit out and laugh

  2. Oh, of course I have thumbs down.

    This is the internet, the second you believe something against the norm or come on to these video posts where international trolls flourish and I prove them wrong.

    I’m right about China.

    Thumbs down mean nothing.

    But of course, the opinion of MORONS such as yourself on the internet means just ever so much to me.

  3. lol if the US default on its debt, China and Japan and other countries might get hurt, but the US will DIE. they depend on their credit to survive, without credit they will have no money, and politicians in washington obviously does not want that because they still wanna live a comfortable life. so the burden is all on the American ppl LOL what a joke.

  4. China doesnt own USA, it just owns a small part of its debt. China doesnt own much any real assets in the USA and USA can defolt on its debt any time.
    Oh, and war would not save USA, just add more debt

  5. Well, the USA had a nice 200 plus year run. Greece, Rome, Egypt, Great Britain were empires that all fell. Why would the USA be an exception? I look forward to the BRICs running the USA : )

  6. An additional inventory of 7 million foreclosed houses are going to be added to bank inventories over the next 3 years due to Alt-A and option ARM resets at the same time interest rates and unemployment are going to spike dramatically due to a collapsing dollar and uncontrollable government debt levels. Houses will become so cheap they’ll be giving away keys to the front door in cereal boxes.

  7. EXTREMELY well put Peter Schiff.

    Concise and to the point.

    You just can’t argue with facts.

    You made the muppets look well, just like the MUPPETS they are.

  8. Fact, I have many Chinese researchers (where i work) tell me that they’re going back to China because they’re getting offers of 200K a year jobs. This never happened before. This will only expand in the future. US is finished in its current form.

  9. Schiff is great at shutting foolish people up. They can never respond back!! Awesome!!! The emperor is naked!!!

  10. I’m glad Schiff shuts down the “deflationary trend” nonsense. The Florida State legislators are currently considering allowing a 30% increase in rates for Florida Power & Light, the largest increase ever proposed. Several of the smaller power companies were granted 20% increases in January, but they are already back proposing more now.

  11. Remember, this is a long term process. You can’t say when its going to start because it already has. The Chinese are already moving away from a US reserve currency to buying other assets.

  12. The middle class of China can hardly produce for themselves. Rofl. All of that nations money is going to its government, which is why it is growing so rapidly. The second the people take over is the second the country is going to back into decline.

    It’s too large for itself, and it’s going to implode.

    We don’t live on loans from Asia, by the way. We’d be more than okay without them. 90% of the loans were for wars we don’t even want to fight.

  13. Yes but look how middle class is growing now in China. They can easily produce for their own people, cheap and simple products. BTW they also have know-how since they copy almost every electroning thing in the wold:)

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