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| 10:16 AM | ||
| Users Online Now: 2,089 (Who's On?) | Visitors Today: 928,382 | |
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| 10:16 AM | ||
Peter Schiff predicts hyperinflation, civil unrest, food shortages, marshal law | |
| This is it!!! User ID: 475771  United States10/10/2008 05:06 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 412856 United States10/10/2008 05:08 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 81537 United States10/10/2008 05:08 PM Report Abusive Post Report Copyright Violation | "In the end, by refusing to allow market forces to work their cure, our economy will inevitably die from the disease. Our economy will now face death by hyperinflation, which will cause a complete loss of confidence in the dollar and result in prices and interest rates skyrocketing out of sight. The evaporation of our national wealth will lead to civil unrest, food and energy shortages, and the possible imposition of marshal law. If such a scenario unfolds, what is left of our Constitution will surely be completely shredded." Quoting: This is it!!! 475771Isn't this what they want? |
| Anonymous Coward User ID: 341282 United States10/10/2008 05:09 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 495603 United States10/10/2008 05:12 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 355226 United States10/10/2008 05:16 PM Report Abusive Post Report Copyright Violation | |
| FF User ID: 456207  Austria10/10/2008 05:18 PM Report Abusive Post Report Copyright Violation | |
| FF User ID: 456207 Austria10/10/2008 05:19 PM Report Abusive Post Report Copyright Violation | |
| FF User ID: 456207 Austria10/10/2008 05:20 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 522817 United States10/10/2008 05:34 PM Report Abusive Post Report Copyright Violation | |
| Matshatial Lore User ID: 489815 United States10/10/2008 05:39 PM Report Abusive Post Report Copyright Violation | |
| The Monk User ID: 515245 United States10/10/2008 05:41 PM Report Abusive Post Report Copyright Violation | Peter Schiff is the man to listen to. Years ago he predicted Quoting: This is it!!! 475771this collapse and all the financial experts were laughing at him. The so called experts are now telling us to not worry because the govt will save this big mess. Peter on the other hand is telling us something different. Who will you listen to? He didnt think it would get this bad, but he know talks about serious stuff, food shortages and marshal law, this guy owns a huge global investment firm and is very respected around the world. He wouldnt talk about food shortages and civil unrest and marshal law unless he was 100% sure. [link to www.europac.net] part of the article: "In the end, by refusing to allow market forces to work their cure, our economy will inevitably die from the disease. Our economy will now face death by hyperinflation, which will cause a complete loss of confidence in the dollar and result in prices and interest rates skyrocketing out of sight. The evaporation of our national wealth will lead to civil unrest, food and energy shortages, and the possible imposition of marshal law. If such a scenario unfolds, what is left of our Constitution will surely be completely shredded." I don't see where the hyper-inflation comes from. The dollar is gaining in strength right now as investors seek a safe haven. People are worried about the Euro's survival, of all things. I think he's right about the bigger picture though. He spoke about the overall balance sheet of the US and how its unsustainable given our debt to equity and the fact that we're producing less and less and importing more and more, blah blah blah. He could be right. He has been so far. |
| Anonymous Coward User ID: 449656 United States10/16/2008 08:04 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 518136 United States10/16/2008 08:08 PM Report Abusive Post Report Copyright Violation | |
| zen warrior User ID: 485158 United States10/16/2008 08:11 PM Report Abusive Post Report Copyright Violation | The hyper inflation comes from the corrupt Fed and its never ending printing presses of dollars coming out of thin air. Does anyone know how much the fed has produced in debt in the last three weeks? With this debt and our already 55 trillion we owe to international corrupt bankers and other countries you do the math. We don't make anything anymore and we are living on a national credit card. All we do is consume and ask to pay it later. Many who hold our debt are beginning to wonder if they will ever get paid and they should because they are not! Buckle up boys and girls this is going to be a rough ride! |
| Anonymous Coward User ID: 485158 United States10/16/2008 08:12 PM Report Abusive Post Report Copyright Violation | |
The 11th Hour Watcher  User ID: 458312 United States10/16/2008 08:32 PM Report Abusive Post Report Copyright Violation | I think he wrong about oil going back up, other that he is right on. Quoting: Anonymous Coward 412856I can understand why you think as you do;however, another objective/agenda is to destroy the Petro-Dollar and replace the PD with the Euro. This is where Peter's perspective is coming from. 1. "Reality is that which, when you stop believing in it, doesn’t go away." 2. “A fear of weapons is a sign of retarded sexual and emotional maturity” - Sigmund Freud |
| Smartypants User ID: 538071  United Kingdom10/29/2008 12:16 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 538075 United States10/29/2008 12:20 PM Report Abusive Post Report Copyright Violation | If Peter Schiff is so good about predicting markets, why is my account with him down over 58% during the last year? Quoting: Smartypants 538071I should have kept my money under the mattress...  I'd say you are a lying, piece of shit disinfo shill trying to discredit his position. |
| field User ID: 538034 United States10/29/2008 12:48 PM Report Abusive Post Report Copyright Violation | "In the end, by refusing to allow market forces to work their cure, our economy will inevitably die from the disease. Our economy will now face death by hyperinflation, which will cause a complete loss of confidence in the dollar and result in prices and interest rates skyrocketing out of sight. The evaporation of our national wealth will lead to civil unrest, food and energy shortages, and the possible imposition of marshal law. If such a scenario unfolds, what is left of our Constitution will surely be completely shredded." Quoting: The Monk 515245I don't see where the hyper-inflation comes from. The dollar is gaining in strength right now as investors seek a safe haven. People are worried about the Euro's survival, of all things. I think he's right about the bigger picture though. He spoke about the overall balance sheet of the US and how its unsustainable given our debt to equity and the fact that we're producing less and less and importing more and more, blah blah blah. He could be right. He has been so far. yes he has been right. The dollar surge is a suckers feast. Watch out. The hammer will fall shortly, probably after the election and the euro will be the reserve currency at that time...until the yen is fully ready to rule. |
| Anonymous Coward User ID: 538025 United States10/29/2008 12:52 PM Report Abusive Post Report Copyright Violation | Peter Schiff is the man to listen to. Years ago he predicted Quoting: This is it!!! 475771this collapse and all the financial experts were laughing at him. The so called experts are now telling us to not worry because the govt will save this big mess. Peter on the other hand is telling us something different. Who will you listen to? He didnt think it would get this bad, but he know talks about serious stuff, food shortages and marshal law, this guy owns a huge global investment firm and is very respected around the world. He wouldnt talk about food shortages and civil unrest and marshal law unless he was 100% sure. [link to www.europac.net] part of the article: "In the end, by refusing to allow market forces to work their cure, our economy will inevitably die from the disease. Our economy will now face death by hyperinflation, which will cause a complete loss of confidence in the dollar and result in prices and interest rates skyrocketing out of sight. The evaporation of our national wealth will lead to civil unrest, food and energy shortages, and the possible imposition of marshal law. If such a scenario unfolds, what is left of our Constitution will surely be completely shredded." He's right on about everything. The IEA just forecast an annual 9% decline in global energy production. Americans have no idea how f'ed they are right now. I just bought a farm. |
| Anonymous Coward User ID: 537905 United States10/29/2008 12:54 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 495140 United States10/29/2008 01:13 PM Report Abusive Post Report Copyright Violation | |
| Mr. Reality User ID: 526850 United States10/29/2008 01:16 PM Report Abusive Post Report Copyright Violation | Question: Does everybody agree that the world is speeding up? The result of this "speeding up" is the elimination of "slow" processes and out of date technology? Is it creative destruction disguised as Doom? Just a question. Is the destruction as analogous as tearing down muscles in the gym, just to go home and eat and build them up, bigger and stronger? Just a little thought. |
| Esophrenic User ID: 501302 United States10/29/2008 01:18 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 476073 United States10/29/2008 01:20 PM Report Abusive Post Report Copyright Violation | |
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| Anonymous Coward User ID: 380667 United States10/29/2008 01:29 PM Report Abusive Post Report Copyright Violation | I think he wrong about oil going back up, other that he is right on. Quoting: Anonymous Coward 412856Watch it go back up...commodities are volatile... it's going up today, along with gold. When things fall apart, watch it skyrocket. |
| Anonymous Coward User ID: 536588 United States10/29/2008 01:30 PM Report Abusive Post Report Copyright Violation | I think he wrong about oil going back up, other that he is right on. Quoting: Anonymous Coward 380667Watch it go back up...commodities are volatile... it's going up today, along with gold. When things fall apart, watch it skyrocket. yep, most folks live for the moment, much like a dog does. |
| Anonymous Coward User ID: 489543 United States10/29/2008 01:31 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 538119 United States10/29/2008 01:38 PM Report Abusive Post Report Copyright Violation | |
