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

 
Anonymous Coward
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05/20/2013 02:21 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


You are correct!!

The reason people get a hard on for Schiff is because he endorsed Ron Paul. And his senate campaign was a disaster.
Anonymous Coward
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05/20/2013 02:22 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.
 Quoting: TraderRob


Yes, I believe you are right on target.
Anonymous Coward
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05/20/2013 02:24 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
Ben bernanke, love him or hate him. The guy is a genius mortician. He has successfully made the dead corpse known as the American economy look alive for a good long time now.

But everyone who has been paying attention and is fairly smart mnows the gig is up. The DOW is a bubble that has been blown to replace the housing market bubble. It is nothing more than created money being injected into it by the financial instituitons that recieved said money. Somewhere around 18k or 19k it will pop and then the con game is done.

So yeah, feel free to treat this market as a bull market and go long. Just make sure you get out before it pops. And when it does pop, well, hope you were long on guns and ammo as well because it may be the start of something horrible.
Anonymous Coward
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05/20/2013 02:29 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


Your wrong but you already knew that
Schiff is awesome. Always on Fox forbes etc
Hypertiger

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05/20/2013 02:30 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
Peter Schiff has 70 Million dollars of net worth by being a good liar.

lies take more power than they give to sustain their existence.

Good liars become rich in power by taking more power than they give over time while bad liars give more power than they take to sustain their existence and become poor in power over time.

Peter Schiff acquired his riches by plundering the system that is going to implode due to being plundered to death and he wants to escape the consequences of his actions by promoting others as being the cause of the implosion.

If you know the real estate market was going to collapse and you wanted to get out...I'm sure you would tell prospective buyers of your property that the reason you are selling was to acquire a profit from dumping it into the hands of a bag holder just before they are sent to their screaming doom.

That is how Peter Schiff has 70 Million Dollars and his victims are broke.

Last Edited by Hypertiger on 05/20/2013 02:33 PM
Hypertiger

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05/20/2013 02:40 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
The Dow has not replaced the real estate bubble. all that happened to real estate was that new construction collapsed when they ran out of line signers. The 42 year old real estate bubble is still intact but it's inflation has slowed down.

If the 42 year old real estate bubble actually collapsed.

You all including peter Schiff would be living in a nightmare cut off from the Internet or dead right now.

You all are the too big to fails that the bankers are propping up with all the unconventional measures.

Every country on Earth is broke since all the deficit spending in the system sustains the surpluses...without massive deficit spending to support the surpluses Peter Schiff's net worth implodes to zero.

Last Edited by Hypertiger on 05/20/2013 02:41 PM
Anonymous Coward
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05/20/2013 02:49 PM
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Re: 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."

[link to moneymorning.com]
 Quoting: MyFalseWorld


they want the economy to collapse so they can bring in there one world currency. it's all apart of there new world order plan.
RythymRing
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05/20/2013 02:54 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
No, I'm not a shrill, but years ago I remember Peter Schiff recommending investing in the Euro. Other then that, he's been very good at educating us about the Ponzi scheme of an economy
Anonymous Coward
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05/20/2013 03:28 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.
 Quoting: Adventus Domini


You mean the IRS stifling Republican causes...
Anonymous Coward
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05/20/2013 03:42 PM
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Re: 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."

[link to moneymorning.com]
 Quoting: MyFalseWorld


Peter Schiff is a NWO Ayn rand scum bag tat has been wrong too many times to count. He's a gold tard. Who suckers Gold tars into buying certificates.

Obama is being scandalized into going to war. NEEEXT!
Anonymous Coward
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05/20/2013 04:10 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
lol
cnn email news break


A new CNN/ORC International poll shows that President Barack Obama remains popular and a majority of Americans continue to think he is honest and has managed the government effectively, while the tea party movement got a boost after being targeted by the IRS.

The survey was taken last week after the IRS, Benghazi and Associated Press controversies marked one of the worst weeks for the White House. It asked if Obama is a strong leader, with 58% saying he is, a level he last reached just after the death of Osama bin Laden in 2011.

The tea party movement's overall favorable rating is up nine points to 37% since March; 45% hold an unfavorable view of the tea party, the poll shows.

Former Secretary of State Hillary Clinton, a favorite for the Democratic presidential nomination if she runs in 2016, continues to hold a favorable rating over 60%.

The survey, conducted May 17-18, has a sampling error of +/- 3 percentage po ints.

Follow complete coverage of breaking news on CNN
Anonymous Coward
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05/20/2013 04:15 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
lol
cnn email news break


A new CNN/ORC International poll shows that President Barack Obama remains popular and a majority of Americans continue to think he is honest and has managed the government effectively, while the tea party movement got a boost after being targeted by the IRS.

The survey was taken last week after the IRS, Benghazi and Associated Press controversies marked one of the worst weeks for the White House. It asked if Obama is a strong leader, with 58% saying he is, a level he last reached just after the death of Osama bin Laden in 2011.

The tea party movement's overall favorable rating is up nine points to 37% since March; 45% hold an unfavorable view of the tea party, the poll shows.

Former Secretary of State Hillary Clinton, a favorite for the Democratic presidential nomination if she runs in 2016, continues to hold a favorable rating over 60%.

The survey, conducted May 17-18, has a sampling "adjustment" of +/- 30 percentage points.

Follow complete coverage of breaking news on CNN
 Quoting: Anonymous Coward 40176034


There, fixed it.
Anonymous Coward
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05/20/2013 04:23 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.
 Quoting: Hypertiger


Shut up.
 Quoting: The Comedian


Thanks cuz what you quoted is pure crap and the kind of disinfo that could ruin people on here.
Future Viewer

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05/20/2013 04:31 PM
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Re: 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."

[link to moneymorning.com]
 Quoting: MyFalseWorld


^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^​

Isn't this a repeat of Calvin Coolidge, but this time with 2 terms for Obama, that should of never received 2 terms...??

"More things change the more things stay same"

bumpbumpbump
The Real "Kronos"..(1957 Movie)
Anonymous Coward
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05/20/2013 04:41 PM
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Re: 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."

[link to moneymorning.com]
 Quoting: MyFalseWorld


Peter Schiff........top economist...LOL

Schiff is a goldtard. He always has been. His solution to everything is buy gold and let the poor die.
bvndy

User ID: 28706319
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05/20/2013 04:47 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


Whats really "dire" is that you could tax the entire countries wealth, and it would not put a dent in the bar on the left.
Which is why they are printing 85 billion a month, about a trillion a year.
Oh, they don't call it that, the govt offers up worthless bonds, and buys them theirselves with borrowed money from the fed, thats illegal to us mortals, BTW.
So how long can a trillion a year get dumped into the economy?
The Caddy just drove off of the cliff, and we are in that
phase where it is just floating in mid air before it starts to fall, and no parachutes, of course.
You can ignore the consequences of
your actions, but you cannot ignore
the RESULTS of the consequences of your actions

Ayn Rand
Anonymous Coward
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05/20/2013 04:53 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


tell it to his clients.
Anonymous Coward
User ID: 40169961
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05/20/2013 04:55 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


Your wrong but you already knew that
Schiff is awesome. Always on Fox forbes etc
 Quoting: Anonymous Coward 39515772


what am I wrong about? He lost his clients 50% of their money in 08 DESPITE railing about the housing crisis for years on end.

What is wrong about this?

Btw, he is not an economist, he is a money manager, and not a good one.
Anonymous Coward
User ID: 40169961
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05/20/2013 04:58 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


huh? I am not bashing. I am just stating facts.

1) he is not an economist. he is a money manager.

2) He called the housing bubble, kudos to him, yet being able to foresee this, he managed to lose his clients half their wealth in the housing bubble...

You people are truly deranged. Facts are just that, facts.
Anonymous Coward
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05/20/2013 05:00 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
Peter Schiff is a NWO Ayn rand scum bag tat has been wrong too many times to count. He's a gold tard. Who suckers Gold tars into buying certificates.

Obama is being scandalized into going to war. NEEEXT!
 Quoting: Anonymous Coward 40048194


Why do you find it necessary to hide behind a proxy, DNC shill?
 Quoting: The Comedian


I like Ayn Rand, but the answer to everything is not gold. And Schiff is not some sort of guru.

Not sure why everyone loves him so much. He has been wrong more often than not.
Michael Bolton

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05/20/2013 05:05 PM
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Re: 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."

[link to moneymorning.com]
 Quoting: MyFalseWorld


Peter Schiff is a NWO Ayn rand scum bag tat has been wrong too many times to count. He's a gold tard. Who suckers Gold tars into buying certificates.

Obama is being scandalized into going to war. NEEEXT!
 Quoting: Anonymous Coward 40048194


You're right, we should listen to people who have been right more often, like David Wilcock, or The Zetas..

1rof1
Anonymous Coward
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05/20/2013 05:14 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
 Quoting: MyFalseWorld


He is correct.
Anonymous Coward
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05/20/2013 05:17 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
Peter Schiff is a NWO Ayn rand scum bag tat has been wrong too many times to count. He's a gold tard. Who suckers Gold tars into buying certificates.

Obama is being scandalized into going to war. NEEEXT!
 Quoting: Anonymous Coward 40048194


Why do you find it necessary to hide behind a proxy, DNC shill?
 Quoting: The Comedian


I like Ayn Rand, but the answer to everything is not gold. And Schiff is not some sort of guru.

Not sure why everyone loves him so much. He has been wrong more often than not.
 Quoting: Anonymous Coward 40169961


Good on you. You can't bash two Jews at once, or "The Comedian" will call you out.
Anonymous Coward
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Puerto Rico
05/20/2013 05:18 PM
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Re: 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."

[link to moneymorning.com]
 Quoting: MyFalseWorld


did he got an anal infection from his bodyguard sodomy act at the white house poolside Gym ?

You say his bottom will drop out ! ?

lmaolol
Anonymous Coward
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05/20/2013 05:25 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
Peter Schiff is a NWO Ayn rand scum bag tat has been wrong too many times to count. He's a gold tard. Who suckers Gold tars into buying certificates.

Obama is being scandalized into going to war. NEEEXT!
 Quoting: Anonymous Coward 40048194


Why do you find it necessary to hide behind a proxy, DNC shill?
 Quoting: The Comedian


So you can't hijack my browser through java script,twitter log ins and adobe acrobat and go through my computer building a Government file on me as you PRETEND to be anti NWO.
Anonymous Coward
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05/20/2013 05:27 PM
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Re: Top Economist: "Obama Won't Finish Term Without Bottom Dropping Out"
So..As Doomtards are you disagreeing with the Prediction??

Or Are you Peter Schiff Bashers just pissed that he's getting the credit for the prediction?

Because there are a lot of know it all's in this thread!!

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