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Peter Schiff Warns of Coming U.S. Economic Collapse 2012

 
s. d. butler

User ID: 974819
United States
11/10/2012 08:40 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
The US will not go bancrupt. It is a very rich country.

It is all just fear mongering by the usual suspects.

Peter Schiff, Gerald Celente etc.
 Quoting: Anonymous Coward 27438840


When I was young that exact what everyone said about Bethlehem steel. The were so big that they would never go under. There gone
 Quoting: Anonymous Coward 1488727


They said that about Polaroid and GM.It's the normalcy bias.
s. d. butler

User ID: 974819
United States
11/10/2012 08:42 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
This election should have been about the Economy ! explosion But Hell no ! We Re-elected the Welfare President . I'm not going to Trash Peter lets see what 2013 looks like .
 Quoting: Anonymous Coward 19756777


yes
Anonymous Coward
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United States
11/10/2012 08:43 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
Peter Schiff is a typical scam doomer. If you believe him so much and jock his nuts, then go ahead and invest in Euro Pacific. Then you'll end up begging for change after your funds are depleted by this moron's shitty work. Put your money where your mouth is.

This guy gets one thing right, years ago, when MANY people were predicting the same thing...and then he NEVER GOT ANYTHING RIGHT AGAIN!!!!

But please, go become a EuroPac client!

HAHAHAHAHAHA!!!!!!!
Anonymous Coward
User ID: 27421594
United States
11/10/2012 08:47 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
The US will not go bancrupt. It is a very rich country.
 Quoting: Anonymous Coward 27438840


Now that is a lie. How can you be rich when all you have is debt? Oh, yeah, debt is money.
Anonymous Coward
User ID: 21963969
United States
11/10/2012 08:47 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
By the way, this isn't Obama causing this

This is a result of years of Keynesian economics that has plagued the US like a virus, and now it's time to deal with the sickness.

If you want to get pissed off, you should direct your attention toward the universities spewing this Keynesian intervention crap to their gullible students
Anonymous Coward
User ID: 20889314
United States
11/10/2012 08:49 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
Predicting the housing bubble was not a stroke of genius. Alot of people have seen that. Its not bad standing up against the MSM propaganda during that time, but thats about it.

The prices for houses were going straight up an lots of people made money betting against that.

Celente was a nother guy who got famous for having a face on TV during that time.

Now these guys live off that fame and make money with it. If they would not scream murder every two months they would not get noticed.
 Quoting: Anonymous Coward 27438840


You still didnt answer the question. Why should trust your opinion over his? His prior predictions buy him credibility; you are an anonymous coward on a conspiracy site with no credibility. See the problem here? Your opinions don't mean shit...
 Quoting: Anonymous Coward 26093523


I'm saying that Schiff is making money of predicting a financial collapse over and over again. Where is the proof that it will happen this time, as opposed to the last times where he predicted it?
 Quoting: Anonymous Coward 27438840


It's already happening and if you can't see it, well............ you are just like all the rest of the people out there who are just so sure the government will save the day.

The US is not rich, it is broke. The only think keeping it afloat is the printing press and helicopter Ben.
Anonymous Coward
User ID: 961432
United States
11/10/2012 08:50 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
The US will not go bancrupt. It is a very rich country.

It is all just fear mongering by the usual suspects.

Peter Schiff, Gerald Celente etc.
 Quoting: Anonymous Coward 27438840


Can the US currently pay off it's existing reported debt if $12 trillion with $4 trillion interagency debt (debt the same as the Treasure would have to issue new debt to buy back the bonds Clinton stuffed into social security), $6 trillion or so debt in federally insured housing (Fannie and Freddie) and another $200 or so trillion in federal pensions, medicare, medicaid and social security commitments?

Dood you must be smoking the good stuff.

stoner
Anonymous Coward
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11/10/2012 08:54 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
What does people think that the Obama and the congress mean, when they say if something isn't done fast, we are going over the fiscal fence at the start if 2013?

Did anyone listen to Ron Paul, that it is now to late to do anything?
Anonymous Coward
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11/10/2012 08:58 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
What does people think that the Obama and the congress mean, when they say if something isn't done fast, we are going over the fiscal fence at the start if 2013?

Did anyone listen to Ron Paul, that it is now to late to do anything?
 Quoting: Daughter


You have a point about Ron Paul. He was the only republican politician calling out Bush during his economic reign of terror. But he was ignored or ridiculed.
Anonymous Coward
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11/10/2012 08:58 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
What does people think that the Obama and the congress mean, when they say if something isn't done fast, we are going over the fiscal fence at the start if 2013?

Did anyone listen to Ron Paul, that it is now to late to do anything?
 Quoting: Daughter


The Fiscal Cliff refers to several laws that were passed as a "Threat" for the "Supercomitite" to find ways to cut from the deficit. Since they could not, there scheduled tax increases and reductions that are EXTREMELY severe.

It has nothing to do with what Peter schiff or Ron Paul is talking about.
Anonymous Coward
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11/10/2012 09:00 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
You clowns bickering reminds me of a classroom full of kindergardners....(Retarded kindergardners)!
JanJan

User ID: 18450840
United States
11/10/2012 09:04 PM

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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
Schiff has 51 days left to prove himself correctly.
 Quoting: Anonymous Coward 27186346


If you listened to the interview, you would know he didn't give a deadline, such as the end of the year. What he did say was it is difficult to predict when, but it will come - either by 2013 or 2014.
Anonymous Coward
User ID: 961432
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11/10/2012 09:05 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
What does people think that the Obama and the congress mean, when they say if something isn't done fast, we are going over the fiscal fence at the start if 2013?

Did anyone listen to Ron Paul, that it is now to late to do anything?
 Quoting: Daughter


The Fiscal Cliff refers to several laws that were passed as a "Threat" for the "Supercomitite" to find ways to cut from the deficit. Since they could not, there scheduled tax increases and reductions that are EXTREMELY severe.

It has nothing to do with what Peter schiff or Ron Paul is talking about.
 Quoting: Anonymous Coward 9266723


^^this

They will come to some kind of "agreement" to keep the cheese flowing, all the while the status quo will remain as banksters (wealthfare) and welfare recipients drain the remaining wealth from middle class Amerika.
Anonymous Coward
User ID: 18295834
United States
11/10/2012 09:13 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
...


You still didnt answer the question. Why should trust your opinion over his? His prior predictions buy him credibility; you are an anonymous coward on a conspiracy site with no credibility. See the problem here? Your opinions don't mean shit...
 Quoting: Anonymous Coward 26093523


I'm saying that Schiff is making money of predicting a financial collapse over and over again. Where is the proof that it will happen this time, as opposed to the last times where he predicted it?
 Quoting: Anonymous Coward 27438840


So what if he's making money at it? He's a financial adviser - that's what he's suppose to do. I never understood this mentality that it is somehow bad that some makes money off their past success.

As far as your other comment, just how are you suppose to prove something that hasn't happened yet? The answer is you can't. Thus you have to look at previous track record of the person predicting, and we're back to the credibility issue. If you can produce a hedge fund manager, economist, ect, that is on record predicting 2008 before it happened, and is now saying things will be fine, I'll gladly listen. I dont want schiff to be right, I'd be very happy in 2 years we were all laughing at schiff making money hand over fist. But nothing I've seen from my experience nor from credible sources is pointing at him being wrong
 Quoting: Anonymous Coward 27472027


He was right 2008. Since then he was wrong. Consistently wrong. Not a good record during the last 4 years. And right now he is preditcing a collapse in 2012. Thats laughable.
 Quoting: Anonymous Coward 27438840


he's been wrong like ever other authority on the matter. you have to be intelligent and ask WHY HAVE THEY BEEN WRONG?

because no one can predict the actions of the FED and TPTB. no one knows how long the FED will pump the shit out of the stock market.!!! or pump money into treasuries etc etc...

this house of cards should have come down a very long time ago.

when the powers at be want to come down...IT WILL
Anonymous Coward
User ID: 20541213
United States
11/10/2012 09:21 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
...to two prophets...before 2013.

The one today is to a Protestant seer and the other given in May to a Catholic messenger. Pray, that's #1 and put some necessities aside.

+ + +



message to Phyllis Ford

October 29, 2012

...“This is a time when you will see where man’s allegiances are and with whom will they stand, whether they will be sheep nations or goat nations. It will also be a time when the people of God will see persecution and blame coming against the body of Christ. There will be those in the heat of this hour that will turn their backs in fear of what will happen to them. They will even hold alliances that they feel will protect their position but it will not. So know that in the future you will see battles on several levels.”

The Economy will give way right before 2013

“Our economy will face its most serious battle of trying to keep the nation afloat. However ever since February 2012 this country as well as many others were in its’ gravest danger of total collapse. Up to now it has appeared like many other situations to run well but it has been tittering on a serious downturn. It didn’t happen overnight but like everything else, the people will be the last to know. Right towards the end of this year you will see the economy barely hanging and it will give way before 2013 sets in.”

Those that were praying in the battlefield will see victory

“This battle is being waged on Spiritual levels as well. You must know that the enemy wants you to think that you cannot overcome but you can and will. For in this hour, I will add strength to what you know and what you believe in your heart."...

[link to ft111.com]

message to Jennifer

May 22, 2012

..."Heed to the Commandments My children for they are your entrance into the kingdom.

I weep today My children but it is those who are failing to heed to My warnings that will weep tomorrow. The winds of spring will turn into the rising dust of summer as the world will begin to look more like a desert.

Before mankind is able to change the calendar of this time you will have witnessed the financial collapse
. It is only those who heed to My warnings that will be prepared. The North will attack the South as the two Koreas become at war with each other.

Jerusalem will shake, America will fall and Russia will unite with China to become Dictators of the new world. I plead in warnings of love and mercy for I am Jesus and the hand of justice is soon to prevail."

[link to www.wordsfromjesus.com]
 Quoting: Anonymous Coward 20541213
Nine's

User ID: 23438707
United States
11/10/2012 09:22 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
Congrats on the pin and thanks for the info. 8)
Anonymous Coward
User ID: 7702124
United States
11/10/2012 09:23 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012

The US will not go bancrupt. It is a very rich country.

It is all just fear mongering by the usual suspects.

Peter Schiff, Gerald Celente etc.
 Quoting: Anonymous Coward 27438840



Wow, you on crack????
 Quoting: Anonymous Coward 1488727


Clearly he is.....or he just got back from spending 4 years on Saturn and has no clue.


spock
Anonymous Coward
User ID: 849918
United States
11/10/2012 09:25 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
Fuck Peter Shill, he has no answers just doom. That fucker cut me off when I gave the solution.
Hokai Yuri Takashima.
User ID: 16674316
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11/10/2012 09:25 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
Schiff Shit.
Anonymous Coward
User ID: 849918
United States
11/10/2012 09:28 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
of years of Keynesian economics
 Quoting: Anonymous Coward 21963969

BS Keynesian economics is aabout paying off debt when things are good and incurring debt when things are bad. Still its a bad system. The only good system is the American system which has been employed by us: famously by Lincoln and Bismark and surprisingly by Hitler.
s. d. butler

User ID: 974819
United States
11/10/2012 09:31 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
...


I'm saying that Schiff is making money of predicting a financial collapse over and over again. Where is the proof that it will happen this time, as opposed to the last times where he predicted it?
 Quoting: Anonymous Coward 27438840


So what if he's making money at it? He's a financial adviser - that's what he's suppose to do. I never understood this mentality that it is somehow bad that some makes money off their past success.

As far as your other comment, just how are you suppose to prove something that hasn't happened yet? The answer is you can't. Thus you have to look at previous track record of the person predicting, and we're back to the credibility issue. If you can produce a hedge fund manager, economist, ect, that is on record predicting 2008 before it happened, and is now saying things will be fine, I'll gladly listen. I dont want schiff to be right, I'd be very happy in 2 years we were all laughing at schiff making money hand over fist. But nothing I've seen from my experience nor from credible sources is pointing at him being wrong
 Quoting: Anonymous Coward 27472027


He was right 2008. Since then he was wrong. Consistently wrong. Not a good record during the last 4 years. And right now he is preditcing a collapse in 2012. Thats laughable.
 Quoting: Anonymous Coward 27438840


he's been wrong like ever other authority on the matter. you have to be intelligent and ask WHY HAVE THEY BEEN WRONG?

because no one can predict the actions of the FED and TPTB. no one knows how long the FED will pump the shit out of the stock market.!!! or pump money into treasuries etc etc...

this house of cards should have come down a very long time ago.

when the powers at be want to come down...IT WILL
 Quoting: Anonymous Coward 18295834



Isn't it possible that tptb aren't all powerful and all knowing? That events may spiral out of control? That their very arrogance may be their downfall?
Anonymous Coward
User ID: 24790723
Canada
11/10/2012 09:34 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
tomato Tim Geithner is going to be replaced by Roger Altman former Lehman guy Swindler .
 Quoting: Anonymous Coward 19756777


Business as usual I guess. Nothing ever changes. The perps get richer than god, then they change positions and repeat. ffs. Why people don't get pissed off is amazing.

wtf
.
No Dhimmi
Proud Infidel

User ID: 18280111
United States
11/10/2012 09:36 PM

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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
The US will not go bancrupt. It is a very rich country.

It is all just fear mongering by the usual suspects.

Peter Schiff, Gerald Celente etc.
 Quoting: Anonymous Coward 27438840


Dollar Value

Unfunded Liabili
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
No Dhimmi
Proud Infidel

User ID: 18280111
United States
11/10/2012 09:36 PM

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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
of years of Keynesian economics
 Quoting: Anonymous Coward 21963969

BS Keynesian economics is aabout paying off debt when things are good and incurring debt when things are bad. Still its a bad system. The only good system is the American system which has been employed by us: famously by Lincoln and Bismark and surprisingly by Hitler.
 Quoting: Anonymous Coward 849918


Keynesians Faili
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Anonymous Coward
User ID: 21704313
United States
11/10/2012 09:45 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
I agree in theory with all that Schiff, Faber, and the doomsayers predict.

What I see are jam packed shopping malls, walmarts, costcos, etc.

It's starting to sound more and more like Chicken Little!!!
Anonymous Coward
User ID: 849918
United States
11/10/2012 09:45 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
Peter Shill is full of shit. He gives no solutions except buy his shit. What a shill!
Anonymous Coward
User ID: 849918
United States
11/10/2012 09:46 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
I agree in theory with all that Schiff, Faber, and the doomsayers predict.

What I see are jam packed shopping malls, walmarts, costcos, etc.

It's starting to sound more and more like Chicken Little!!!
 Quoting: Anonymous Coward 21704313


Faber is okay. Shiff is a shill huckster selling shit.
Anonymous Coward
User ID: 8865685
Korea, Republic of
11/10/2012 10:01 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
Didnt he say gold $5K around this time 2 yrs ago? tounge
GaryMule (OP)

User ID: 26693406
United States
11/10/2012 10:02 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
Thanks for the pin, thought you guys would like the doomhiding
Anonymous Coward
User ID: 13039567
United States
11/10/2012 10:12 PM
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Re: Peter Schiff Warns of Coming U.S. Economic Collapse 2012
The US will not go bancrupt. It is a very rich country.

It is all just fear mongering by the usual suspects.

Peter Schiff, Gerald Celente etc.
 Quoting: Anonymous Coward 27438840


I could post one of the dozens of interviews where schiff was calling the housing market to collapse because if sub primes in 2005, 06, and 07, and idiots on Bloomberg and cnbc. I could also post one of schiffs interviews from early 2008 where he predicts banks will begin to collapse because of derivatives and interviewers and guests like stein and Cramer laugh at him. Weeks later lehmans went down and others followed. I could also point out the passages in his 2006 book where he says the first collapse won't be the bad one, the second one will because of all the money printing they will do to fix the first one.

But I have decided against this because surely you must be some sort of financial fucking genius to make comments like these. Surely you must know something schiff and the rest of us do not. So brain surgeon, where are your interviews and books before the 2008 collapse predicting it. Prove that you are not just another jackass posting about things you have no idea about, and maybe we will listen to you
 Quoting: Anonymous Coward 26085695


Nice.

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