Posted by admin | Posted in Real Estate | Posted on 23-08-2010
In 2006 Peter Schiff tells over 1000 mortgage brokers they are about to be out of jobs. Watch how he completely nails the coming real estate/mortgage debacle before anyone else even realized it was coming.
lmao, doctor barry ass
i WAS a mortgage banker back then… Peter was of course right.
So now I’m focused on getting prepared for the coming revolution. (Moved to a place where I can plant edibles, hoard canned & dried goods, buy ammo for my guns etc.)
wow, how awesome.
I’ve watched this several times. Still makes me laugh. This was the last year they asked Peter to speak at this event. Go figure. Idiots.
@dontdispie ROFL
@dontdispie Tick tick BOOM!
lol
bamb an atomic bomb hit bitch!
One of the best videos I’ve watched to date. Has Barry apologized? I wonder how many this year are having diner in the Grand Ballroom?
It’s up to the citizens of CT to take the time to watch this video.
was he invited in the following years? after the burst I mean..
Peter Schiff for CT Senate 2010!!!
ha! ha! ha! Peter was right…..
Dr. Asshat has some videos on Youtube, he should do a tour with Mike Norman and that Michael Bolton look alike real estate clown from CNBC
The guy on the right was definitely wrong. I wonder what he’s thinking now? He probably is still in denial.
Absolutely rtrumble, Schiff is a total genius… but nobody who can actually do anything about the gov’t is doing anything about it. Schiff tries again and again to explain this shit to them and they don’t get it! Looks like he’s gonna have to do it himself… Schiff for Senate in 2010!!
this guy on the right is a jack ass
I know. It’s terrible
The guy on the right sure is silly.
notice how this fool doesn’t offer any counter-arguments to peter’s predictions
“I think…um er…Peter’s scenario…hurr…would come true…if an atomic bomb…landed on either Los Angeles…Chicago…or New York.”
LOL, get the fuck off the stage, clown!
I agree…but remember that many people of considerable intelligence fall for the nonsense of a mania/bubbles.
The Federal Reserve creates an incrdible amount of distortion when they blow up the money supply. The result is very predictable…widespread malinvestment and misallocation of resources. Harvard MBA’s and average folks alike are not smart enough to understand this FED-induced bubble/bust business cycle. Keynes himself said this in 1936 when he presnted his pro-govt ‘General Theory’.
wow what i wouldnt pay to see the “next years video” that that guy wants to do
Schiff is a genius and is great at explaining economic principles on a macro level to an audience with average intellect. Look up his dad, Irwin Schiff on wikipedia and you’ll understand more about him. I hope he beats Chris Idoddiot for the CT Senate seat next year.
Wow, Peter is awesome. I’m Canadian and wish I could invest my TFSA with him. I’ll have to buy his book now.
he talks in platitudes and has to create his rebuttel on the fly. He was outclassed by Peter.