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Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"

 
MyFalseWorld
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05/20/2013 12:07 PM
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Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
That's according to Peter Schiff, the best-selling author and CEO of Euro Pacific Capital, who delivered his harsh warning to investors in a recent interview on Fox Business.

"The crisis is imminent," Schiff said. "I don't think Obama is going to finish his second term without the bottom dropping out. And stock market investors are oblivious to the problems."

"We're broke, Schiff added. "We owe trillions. Look at our budget deficit; look at the debt to GDP ratio, the unfunded liabilities. If we were in the Eurozone, they would kick us out."

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Anonymous Coward
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05/20/2013 12:18 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
peter schiff is not a "top economist".

He is not even a good money manager, considering the one time he was actually right about the macro trend, he still managed to lose his clients 50% of their money...
Ohwell

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05/20/2013 12:44 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
The indebtedness/financial crisis was orchestrated and needed to be perceived to be real for a reason. The reason is more esoteric and going according to an age old agenda than any economic explanations/reasons than might be given for it.
Anonymous Coward
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05/20/2013 12:46 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
"If we were in the Eurozone, they would kick us out."
 Quoting: MyFalseWorld


Actually we would keep you in and transfer money until all of us are broke...

cruise
Anonymous Coward
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05/20/2013 12:48 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
But this was always the goal... to have the bottom drop out. Did you watch the movie 2016??
Anonymous Coward
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05/20/2013 12:50 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
peter schiff is not a "top economist".

He is not even a good money manager, considering the one time he was actually right about the macro trend, he still managed to lose his clients 50% of their money...
 Quoting: Anonymous Coward 40169961


My opinion as well.
Michael Bolton

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05/20/2013 12:52 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
But this was always the goal... to have the bottom drop out. Did you watch the movie 2016??
 Quoting: Anonymous Coward 40168310


ohyeah

You got it. Bring down the white imperialist.
Anonymous Coward
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05/20/2013 12:52 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
But this was always the goal... to have the bottom drop out. Did you watch the movie 2016??
 Quoting: Anonymous Coward 40168310


Finish the sentence: "...so Obama could..."
Anonymous Coward
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05/20/2013 12:53 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
But this was always the goal... to have the bottom drop out. Did you watch the movie 2016??
 Quoting: Anonymous Coward 40168310


ohyeah

You got it. Bring down the white imperialist.
 Quoting: Michael Bolton


Ah, Michael! you beat me to it!
No Dhimmi
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05/20/2013 12:53 PM

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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
Proposed O Tax H
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]
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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.
Sleeping Giant
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05/20/2013 12:54 PM

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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
peter schiff is not a "top economist".

He is not even a good money manager, considering the one time he was actually right about the macro trend, he still managed to lose his clients 50% of their money...
 Quoting: Anonymous Coward 40169961


shill
"And I know that when I leave savage wolves will come in among you and will not spare the flock. Even from your own number men will arise and distort the truth in order to draw away disciples after them. So be on your guard. We are not the wolves at the gate, we are the ones who face them."
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05/20/2013 12:56 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
But this was always the goal... to have the bottom drop out. Did you watch the movie 2016??
 Quoting: Anonymous Coward 40168310


ohyeah

You got it. Bring down the white imperialist.
 Quoting: Michael Bolton


Ah, Michael! you beat me to it!
 Quoting: Anonymous Coward 38879266


cheers
Michael Bolton

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05/20/2013 12:57 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
Proposed O Tax H
 Quoting: No Dhimmi


If that graph wasn't so dire...it would be hilarious.
Seorsa6
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05/20/2013 12:58 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
What is the movie 2016 and where can i watch it
Michael Bolton

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05/20/2013 12:59 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
What is the movie 2016 and where can i watch it
 Quoting: Seorsa6 36958260


You can rent it anywhere I think. It's been out for over a year now. Good documentary about O. Makes more sense than anything else I have ever heard about him.
Anonymous Coward
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05/20/2013 01:01 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
peter schiff is not a "top economist".

He is not even a good money manager, considering the one time he was actually right about the macro trend, he still managed to lose his clients 50% of their money...
 Quoting: Anonymous Coward 40169961


My opinion as well.
 Quoting: Anonymous Coward 38863004


I respect Schiff for his call on the housing collapse as he made is 6 years in advance and was very vocal about it at a time when few were. There is a good possibility he is right on this as well.

That being said, he sucks as a money manager as Euro Pacific Capital customers have been taken to the cleaners.
Adventus Domini

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05/20/2013 01:02 PM

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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
What is the movie 2016 and where can i watch it
 Quoting: Seorsa6 36958260


Brilliant documentary. You can rent it online. Unfortunately, it wasn't enough to stop the machine.

Last Edited by Adventus Domini on 05/20/2013 01:03 PM
When the going gets weird, the weird turn pro.
Anonymous Coward
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05/20/2013 01:11 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
peter schiff is not a "top economist".

He is not even a good money manager, considering the one time he was actually right about the macro trend, he still managed to lose his clients 50% of their money...
 Quoting: Anonymous Coward 40169961


My opinion as well.
 Quoting: Anonymous Coward 38863004


I respect Schiff for his call on the housing collapse as he made is 6 years in advance and was very vocal about it at a time when few were. There is a good possibility he is right on this as well.

That being said, he sucks as a money manager as Euro Pacific Capital customers have been taken to the cleaners.
 Quoting: Anonymous Coward 1382145


He is right in a way. But he doesn't know more than you or me. He doesn't present numbers like Kyle Bass does, he is just another Gerald Celente, an amateur who has made himself a name in the media. Indeed not a top-economist.
Anonymous Coward
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05/20/2013 01:20 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
:Proposed O Tax H:
 Quoting: No Dhimmi


If that graph wasn't so dire...it would be hilarious.
 Quoting: Michael Bolton


I thought the same thing.
TraderRob

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05/20/2013 01:22 PM

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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
Proposed O Tax H
 Quoting: No Dhimmi


If that graph wasn't so dire...it would be hilarious.
 Quoting: Michael Bolton


The, small in comparison, tax hike is also expected to knock a chunk off of our GDP... imagine what the full solution would do.

As bad as deficits are, pulling 1 to 2 trillion out of our economy, and the ripple effect that much money has -- would crash the economy immediately. The republicans know this, but they still pound the president.

We had a chance, 6 or 8 years ago, to get on top of this and get these deficits down... we passed on that and now it is too late. Not enough time to bring down the deficit gradually -- no way to do it quickly.

We are screwed.
TheOriginalMind

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05/20/2013 01:23 PM

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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
peter schiff is not a "top economist".

He is not even a good money manager, considering the one time he was actually right about the macro trend, he still managed to lose his clients 50% of their money...
 Quoting: Anonymous Coward 40169961


My opinion as well.
 Quoting: Anonymous Coward 38863004


I respect Schiff for his call on the housing collapse as he made is 6 years in advance and was very vocal about it at a time when few were. There is a good possibility he is right on this as well.

That being said, he sucks as a money manager as Euro Pacific Capital customers have been taken to the cleaners.
 Quoting: Anonymous Coward 1382145


He is right in a way. But he doesn't know more than you or me. He doesn't present numbers like Kyle Bass does, he is just another Gerald Celente, an amateur who has made himself a name in the media. Indeed not a top-economist.
 Quoting: Anonymous Coward 38863004


Interesting. I'll have to look up Kyle Bass.
MyFalseWorld (OP)

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05/20/2013 01:24 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
Thanks for the pin.
www.myfalseworld.org
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Michael Bolton

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05/20/2013 01:26 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
Proposed O Tax H
 Quoting: No Dhimmi


If that graph wasn't so dire...it would be hilarious.
 Quoting: Michael Bolton


The, small in comparison, tax hike is also expected to knock a chunk off of our GDP... imagine what the full solution would do.

As bad as deficits are, pulling 1 to 2 trillion out of our economy, and the ripple effect that much money has -- would crash the economy immediately. The republicans know this, but they still pound the president.

We had a chance, 6 or 8 years ago, to get on top of this and get these deficits down... we passed on that and now it is too late. Not enough time to bring down the deficit gradually -- no way to do it quickly.

We are screwed.
 Quoting: TraderRob


I think you are spot on.
Anonymous Coward
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05/20/2013 01:26 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
Peter Schiff is an idiot.

i'm not a top economist and i'll tell you this one time.

if you listen to Peter Schiff, you will regret it before Obama's second term is complete.

now:

carry on with your life.
Anonymous Coward
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05/20/2013 01:40 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
peter schiff is not a "top economist".

He is not even a good money manager, considering the one time he was actually right about the macro trend, he still managed to lose his clients 50% of their money...
 Quoting: Anonymous Coward 40169961


So Peter Schiff is a best-selling author and CEO of Euro Pacific Capital
With a net worth of $70 million

And your an anonymous coward on glp

And you are bashing him??..cruise

Post up your resume,I need another laugh!!
Anonymous Coward
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05/20/2013 01:51 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
peter schiff is not a "top economist".

He is not even a good money manager, considering the one time he was actually right about the macro trend, he still managed to lose his clients 50% of their money...
 Quoting: Anonymous Coward 40169961


So Peter Schiff is a best-selling author and CEO of Euro Pacific Capital
With a net worth of $70 million

And your an anonymous coward on glp

And you are bashing him??..cruise

Post up your resume,I need another laugh!!
 Quoting: Anonymous Coward 35654787


peter schiff measures his own worth in US dollars and works for a company located in the United States.

the two or you are quite confused.
Anonymous Coward
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05/20/2013 02:07 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
What is the movie 2016 and where can i watch it
 Quoting: Seorsa6 36958260

Not sure if this is the same movie but its free to watch.

America 2016 Of Obama - Full Movie Video
[link to www.youtube.com]
MadGame

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05/20/2013 02:07 PM

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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
Peter Schiff is an idiot.

i'm not a top economist and i'll tell you this one time.

if you listen to Peter Schiff, you will regret it before Obama's second term is complete.

now:

carry on with your life.
 Quoting: Anonymous Coward 26723728


bsflag
What is a LIBTARD You Ask ? - A Retarded Liberal ( AKA 99.9% of all Democrats ) ... And since ALL Liberals are Retarded ... Hence LIBTARD

Pissing Off LIBTARDS since 1988
Michael Bolton

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05/20/2013 02:08 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
What is the movie 2016 and where can i watch it
 Quoting: Seorsa6 36958260

Not sure if this is the same movie but its free to watch.

America 2016 Of Obama - Full Movie Video
[link to www.youtube.com]
 Quoting: Anonymous Coward 40176034


Yup, that's it.
Hypertiger

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05/20/2013 02:18 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
The economic collapse was not created by anyone other than all of you who are the supply of power to the master you think is the supply of power. and when you can't supply the demand of the master for power you are whipped until you do...Eventually to death if you refuse to or can't.

powerful people derive all their power from all below.

They have no more power than any of you other than what you give them.

That is why the economy is collapsing. Because the demand of the net consumers is greater than the net producers.
Michael Bolton

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05/20/2013 02:20 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
...


If that graph wasn't so dire...it would be hilarious.
 Quoting: Michael Bolton


The, small in comparison, tax hike is also expected to knock a chunk off of our GDP... imagine what the full solution would do.

As bad as deficits are, pulling 1 to 2 trillion out of our economy, and the ripple effect that much money has -- would crash the economy immediately. The republicans know this, but they still pound the president.

We had a chance, 6 or 8 years ago, to get on top of this and get these deficits down... we passed on that and now it is too late. Not enough time to bring down the deficit gradually -- no way to do it quickly.

We are screwed.
 Quoting: TraderRob


I think you are spot on.
 Quoting: Michael Bolton


^ These ^

Math has damned us.
 Quoting: The Comedian


Math is racist.

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