Peter Schiff: "In many ways, it's going to be worse than the Depression."
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Re: Peter Schiff: "In many ways, it's going to be worse than the Depression."
#2How seriously do you take someone who advocates for the dissolution of the Federal Reserve? Pronouncements like this are kind of this guy's schtick.
Re: Peter Schiff: "In many ways, it's going to be worse than the Depression."
#3How seriously do you take someone who advocates for the dissolution of the Federal Reserve? Pronouncements like this are kind of this guy's schtick.
I'd say it depends on what his reasons are how seriously he should be taken.
Re: Peter Schiff: "In many ways, it's going to be worse than the Depression."
#4How seriously do you take someone who advocates for the dissolution of the Federal Reserve? Pronouncements like this are kind of this guy's schtick.
Schiff is an extremely successful and wealthy investor. Considering how everyone's panties get all wet at the mention of Buffet I thought that was all it took to get props.
Re: Peter Schiff: "In many ways, it's going to be worse than the Depression."
#5The Internet says disaster looms just over the horizon? No way!
Re: Peter Schiff: "In many ways, it's going to be worse than the Depression."
#6The Internet says disaster looms just over the horizon? No way!
Seriously... The Great Depression doesn't seem all that bad compared to what history says if this is worse...
Re: Peter Schiff: "In many ways, it's going to be worse than the Depression."
#7The History Of Oil by Robert Newman ( http://video.google.com/videoplay?docid=-5267640865741878159 ) also mentions the possibility of a US only depression.
Re: Peter Schiff: "In many ways, it's going to be worse than the Depression."
#8How seriously do you take someone who advocates for the dissolution of the Federal Reserve? Pronouncements like this are kind of this guy's schtick.
Schiff isn't alone in his belief that the federal reserve was a bad idea. The Fed is unpopular enough to make anti-central banking videos like "Money as Debt" popular and well received. Woodrow Wilson (who signed the Federal Reserve Act of 1913) regarded it as one of his poorest decisions after the fact.
Re: Peter Schiff: "In many ways, it's going to be worse than the Depression."
#9OK, I'm getting pretty bored of the Everybody Panic articles. Who keeps voting them up?
I always pick up some books every time someone is giving them away for free. One of my favourites (which I unfortunately left in my old office) is called something like "The Great Depression of the 1990s" (publication date: 1989) and warns us all how terrible the 1990s are going to be.
Re: Peter Schiff: "In many ways, it's going to be worse than the Depression."
#10OK, I'm getting pretty bored of the Everybody Panic articles. Who keeps voting them up? I always pick up some books every time someone is giving them away for free. One of my favourites (which I unfortunately left in my old office) is called something like "The Great Depression of the 1990s" (publication date: 1989) and warns us all how terrible the 1990s are going to be.
> Who keeps voting them up?
People coming in from reddit? Those kinds of stories are tremendously popular there. "Doom! Gloom!" sells, I guess.