Nov 2006 Peter Schiff Mortgage Bankers Speech Part 6 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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what’s that limp weenie’s name on the right?
hmmmm
don’t know
never heard of him haha
splintercell
MEXICO
Where do you live?
This is one of the major reasons California is going broke, si, o no?
estados unidos son muerto!
lets bring back the bull
literally
LOL, i love this at 1:30, “oh the debt is 2 trillion dollars, where the hell is the govn gonna get that money?”
This guy is smart,dynamic and truthful. A genius in the ocean of dopey Americans
I love how a guy responds to Schiff’s contention that he will not be distracted by official studies and propaganda, by simply reading at length from that same propaganda.
harvard?so what? if eistein says 1+1=3,well he is fuckin wrong! i dont give a fuck about who he is,only what he says.
harvard is only good for producing lawyers and politicians who does nothing but exploiting the ppl they think they are smarter than.
Or just the penny he won in the bet with Laffer.
lol where they going to find 10-20 million people?
Austrian economics rules!!
keep on reading from that book; not fit to lick the shoes of peter schiff!
you heard it from the beaaar……
what a fox news by golly lingo…..stupid man in the glasses…..
Look at that bozo read from the book:
On the other hand,
peter schiff should be crowned a prophet!
You understand, I hope, that his point is that Schiff makes a compelling, well-reasoned argument, and his opponent reads “expert opinion” to rebut him.
Whether you agree with Schiff or not, quoting from a book that you may or may not understand is not the same as having an intelligent point of view. In fact, it’s quite the opposite.
Harvard!
Havard!
Who cares about what Havard says. The people coming out of Harvard and Princeton come to be the leaders of our country who are ultimately destroying it slowly.
I don’t give a rats ass what Harvard College has to say. I think more stupid people come out of Harvard than any other college in the U.S.
Look at Bernanke, He comes from MIT. What the hell? I thought they were teaching students sound economic theory over there
Wow I can’t believe that guy who is arguing with peter. @9.20 he says housing production should average 2 million units a year for the next ten years.
Hi Lot3ch,
Q: “Hey anyone think we’ll easily see 10% unemployment in 2009? ”
A: White Americans have reached 8% recently as you know. This percentage indicates that they are going through recession. The news doesn’t want people to realize that Black Americans are at 15%. That means that they are currently in a depression.
P.S. When doing research you will find that blacks and whites have different unemployment rates placing them under different economic status.
- PeopleDigitaL
Yeah, books are stupid!
Ridiculous rebuttal. His assumption seems to be that we will go merrily along at our current rate(s) of consumption until 2030 with no regard for debt, deficit, or the constraints of energy depletion (which is ever looming in the background like some sinister sub-plot).
Consumption cannot drive an economy, only meaningful, productive activity drives an economy. We can’t all make a living installing granite countertops in each other’s houses, especially since we can’t afford them in reality.
and that’s why no one pays him to invest their money.
he and Ron Paul are dead on!!!!
The rebuttal guy is reading from a Book…. HAHA!!!!
In anything other than the screwy US unemployment model(read up on discouraged workers), you have already passed that mark.
Shadowstats is a great website for more concrete information.
this rebuttal bull guy needs to be stripped of his pants and caned!