Nov 2006 Peter Schiff Mortgage Bankers Speech Part 4 of 8
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In 2006 Peter Schiff tells over 1000 mortgage brokers they are about to be out of jobs. Watch how he completely nails the coming real estate/mortgage debacle
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That’s what the Austrian school is about, I’ve been a proponent since I was 15. It’s based on reason and rational and not ignorance and revisionism like Keynesian economics.
You have to clear both interest and inflation.
too bad we can’t exchange the truth for hammers
Big bag of hammers up side the head!
He states the facts so plainly i almost feel sorry for those who are being slapped up the side of the head with a big bag of truth.
‘These liar loans you guys came up with’ and a hush falls over the crows at 2:00 into it lol (on top of the fact its already quiet in there) By the way, Mr Schiff was NOT asked back in 2007. Poor saps- they still Ignore him.
Pure genius. Peter Schiff is as wise as Solomon and bold as David.
This man is a prophet.
Not to mention clear transparent logic; beautiful analogies and remorseless analytics……
The section from 7:35 to 9:56 is brilliant…….this man is all charisma!
I love it when he tells them “one of these liars’ loans that YOU GUYS CAME UP WITH”. Priceless!!!
Triple A!? Triple A – how can that be???
he’s speaking crash proof
live within your means
domerdame- how can an nation or a individual pay off their debt wirth debt? We have not had money since 1933 when the U.S. was put into bankruptcy receivership, we have no money ,we have
federal reserve notes, which is a promise to pay. That sytem operates worldwide
that goes without saying.
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