Sunday, Aug 02, 2009

.....Weekend entertainment

You Tube: Peter Schiff Was Right 2006 - 2007 (2nd Edition)

I'm off out in the sunshine for the rest of the day. I thought i would post this which you have probably seen. Although (for what its worth) i don't agree with everything he says - i.e. he doesn't have fantastic timing BUT this is quite amusing.
Re housing : 2:34 is quite interesting - 3.27 this Guy is so VI he looks like a parody of an EA - he's even wearing a two tone shirt! 3.45 has a "max headroom" laughing moment.
Personally i like his discussion with "mr way off base"Art Laffer - (the Laffer curve) who wants to bet him a penny - did he think deflation was set to get that bad since he last watched trading places!
Have a great Sunday folks!

Posted by techieman @ 10:09 AM (349 views) Add Comment

1 Comment

1. Isteria said...

I had a meeting with a director of one of the UK clearing banks in early 2008.(Not something that happens every day)

He basically outlined that the US was trashed and the dollar would fall sharply. He than said that there was going to be a change in global wealth and power to the far east and that we were heading for years of recession as the government would not cut spending and taxes in a way that could save our economies.

New Zealand will be the place to be..

Sunday, August 2, 2009 11:28AM Report Comment
 

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