SleepyHead Posted February 3, 2010 Share Posted February 3, 2010 When is someone in the UK media actually going to question the underlying theory of printing money and Low IRs, being followed by the UK and US government? Peter Schiff just nails it here. Worth a listen! http://www.youtube.com/watch?v=lhpX-rZ7HXg Quote Link to comment Share on other sites More sharing options...
sign_of_the_times Posted February 3, 2010 Share Posted February 3, 2010 thanks for posting everyone should have a listen to this, a lone voice for common sense in the US Quote Link to comment Share on other sites More sharing options...
Alan B'Stard MP Posted February 3, 2010 Share Posted February 3, 2010 Why does The Schiff look like he's having a seedy night out? Quote Link to comment Share on other sites More sharing options...
Rakno Posted February 3, 2010 Share Posted February 3, 2010 When you feel down, listen to this guy. Quote Link to comment Share on other sites More sharing options...
Prof Posted February 3, 2010 Share Posted February 3, 2010 The presenter kept laughing after some of Schiff`s comments. Was it a nervous or a mocking laugh, I wonder ? Quote Link to comment Share on other sites More sharing options...
SleepyHead Posted February 3, 2010 Author Share Posted February 3, 2010 thanks for posting everyone should have a listen to this, a lone voice for common sense in the US No problem, thanks. It's scary that no one here in the UK is even questioning the theory of "stimulus" the way Schiff is. They all just keep saying, "when the recovery comes", and more lately "when the recovery is locked in". As though we just wish for it and it happens. When you feel down, listen to this guy. Nice to share out some bear food. We need a thread devoted to sharing all our favourite sources for news, videos, podcasts, etc. Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted February 3, 2010 Share Posted February 3, 2010 It's scary that no one here in the UK is even questioning the theory of "stimulus" the way Schiff is. They all just keep saying, "when the recovery comes", and more lately "when the recovery is locked in". As though we just wish for it and it happens. I explain it to as many as i can not many want to hear it though locked in is that when we close the borders (capital controls) Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted February 3, 2010 Share Posted February 3, 2010 Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted February 3, 2010 Share Posted February 3, 2010 when is it going to happen in the UK Quote Link to comment Share on other sites More sharing options...
Never Going To Buy ! Posted February 3, 2010 Share Posted February 3, 2010 The presenter kept laughing after some of Schiff`s comments. Was it a nervous or a mocking laugh, I wonder ? I just think he didn't really know enough to comment so made laughing noises to disguise his lack of knowledge. Schiff makes some interesting points but seriously, who's going to listen to him? It's not political spin it's the truth about what needs to be done, but this won't fair well with the home owners still thinking they are "worth" so much due to the "value" of their house. Sentiment will need to change, on both sides of the Atlantic, before someone like Schiff is listened to. Quote Link to comment Share on other sites More sharing options...
Prof Posted February 3, 2010 Share Posted February 3, 2010 I just think he didn't really know enough to comment so made laughing noises to disguise his lack of knowledge. Schiff makes some interesting points but seriously, who's going to listen to him? It's not political spin it's the truth about what needs to be done, but this won't fair well with the home owners still thinking they are "worth" so much due to the "value" of their house. Sentiment will need to change, on both sides of the Atlantic, before someone like Schiff is listened to. Agreed. The medicine tastes horrible, but we need to take it to get well. Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted February 3, 2010 Share Posted February 3, 2010 f it im escaping this madness only $12.49 The world as we know it will end December 21, 2012! Luckily you can save yourself and loved ones from the Earth’s apocalypse by booking your tickets now aboard the USS Ark 2012 escape ship. What is the USS Ark 2012, you ask? It is the one and only Earth escape spaceship that will provide safe passage to a new habitable planet in the event of Armageddon in 2012.Imagine it is December 21, 2012 and you’ve just gotten the news: The world is in fact going to end. What are you going to do now? You’ve only got a few hours, if not just minutes until it’s all over. People are running around like crazies trying to figure out what to do. But you aren’t worried because you booked your Escape Earth Tickets well in advance. You and all your loved ones are safely whisked away to a new Earth-like planet to start new. Quote Link to comment Share on other sites More sharing options...
STRLondon Posted February 3, 2010 Share Posted February 3, 2010 I think the interviewer guy was enjoying it, some of Peter Schiffs arguements make perfect sense, his annologies are brilliant swimming against the current, America has to go on a diet, brilliant stuff Quote Link to comment Share on other sites More sharing options...
South Lorne Posted February 3, 2010 Share Posted February 3, 2010 I think the interviewer guy was enjoying it, some of Peter Schiffs arguements make perfect sense, his annologies are brilliant swimming against the current, America has to go on a diet, brilliant stuff ...yes...and applies to the UK also...Brown is trying to rebuild house prices and the boom ..just like Obama.... Quote Link to comment Share on other sites More sharing options...
winkie Posted February 3, 2010 Share Posted February 3, 2010 "We will not get out of debt by getting deeper into debt."....makes sense to me. Quote Link to comment Share on other sites More sharing options...
South Lorne Posted February 3, 2010 Share Posted February 3, 2010 "We will not get out of debt by getting deeper into debt."....makes sense to me. ...yes sense which is so logical...but not to Mr Brown....we need to get rid ...and quick... Quote Link to comment Share on other sites More sharing options...
SleepyHead Posted February 3, 2010 Author Share Posted February 3, 2010 ...yes...and applies to the UK also...Brown is trying to rebuild house prices and the boom ..just like Obama.... Yep... Brown is truly a disgrace. Using the last bit of credit the UK may of had, which could have been used to invest in productive sectors, to instead prop up totally ridiculous house prices for a few more months just so he can get elected. It'll take us decades to recover from his decision. Quote Link to comment Share on other sites More sharing options...
winkie Posted February 3, 2010 Share Posted February 3, 2010 ...yes sense which is so logical...but not to Mr Brown....we need to get rid ...and quick... Brown is only interested in his predicament...not in the consequences of his actions. Quote Link to comment Share on other sites More sharing options...
FaTB Posted February 3, 2010 Share Posted February 3, 2010 It's all just common sense, once you've got your head around the basics of economics !! What confuses me is why so many people just don't get it. Quote Link to comment Share on other sites More sharing options...
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