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The Dollar is now collapsing - Peter Schiff | Part 1

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Pharaoh Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-24-09 08:13 AM
Original message
The Dollar is now collapsing - Peter Schiff | Part 1
 
Run time: 09:57
https://www.youtube.com/watch?v=NHyq-I7ep2w
 
Posted on YouTube: October 22, 2009
By YouTube Member:
Views on YouTube: 0
 
Posted on DU: October 24, 2009
By DU Member: Pharaoh
Views on DU: 945
 
Part 2

http://www.youtube.com/watch?v=GiIhY98GABQ

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Democracyinkind Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-24-09 08:20 AM
Response to Original message
1. Why would I care what Schiff says - he has a financial interest in seeing the dollar crash
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Democracyinkind Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-24-09 08:38 AM
Response to Reply #1
2. After having listened to it: It's one of Schiffs better talks, minus the Goldubg shit he's making...

more sense than usual...
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dhpgetsit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-24-09 08:38 AM
Response to Original message
3. We may see inflation like never before.
But it might make my home significanltly more valuable than the principal in my mortgage...

I hope I don't lose my job.
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Pharaoh Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-24-09 08:47 AM
Response to Reply #3
4. no I believe
it would cause home deflation....
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phasma ex machina Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-24-09 10:47 AM
Response to Reply #3
5. I'm betting on massive inflation
a 40 millennium old financial mechanism to make a molehill out of a mountain of debt.
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pretzel4gore Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-24-09 12:06 PM
Response to Original message
6. imagine being in the position!
imagine you are 'in the know' here in GeorgebushAmerica '09...and all the dropdead gorgeous frauds are in the background, like ghosts flitting around, teasing the powerful twits, terrifying them. YOU KNOW junyer was never elected in '2k (you also doubt regan ever got moren 25 percent of total polled, as matter of fact; 1980 being only 6 years after nixon got nailed for crimes and soon!!) and you recognise 911 for what it was- part of the replacement of our democratic sloppiness with a managed democracy that honoured 'the fathers' ie fascism. But you can't mention any of it. Ever. hohum
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