Thursday, November 13, 2008

Peter Schiff had with Arthur Laffer on CNBC back on August 29, 2006

8/28/2006-Peter Schiff Predicts The US Economic Collapse With Unbelievable Accuracy

Consider watching this video of a debate that financial analyst Peter Schiff had with Arthur Laffer on CNBC back on August 29, 2006. Schiff predicted the deep recession that is now underway and made mention of China’s role in our unfolding economic troubles. Laffer’s talk about our economic policies “working beautifully” makes him look utterly ridiculous in today’s climate. Posted by malct @ 11:30 AM (65 views) Add Comment

Posted by malct @ 11:39 AM (960 views)
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5 thoughts on “Peter Schiff had with Arthur Laffer on CNBC back on August 29, 2006

  • especially for those who missed it yesterday morning

    found it last night

    and lost it again.

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  • Remarkable man. Looked up some more of his stuff and started buying gold last night!

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  • Too accurate. I’m suspicious!

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  • p.doff, this was the response last night when someone else posted it from a different source – it disappeared for some reason, it may have something to do with james


    Fox Newz: Viva Peter Schiff
    The next time you see any of these “experts” on TV, please remember this video. I find myself constantly marveling at how self-evident Peter’s predictions are to anyone that understands Austrian economics and what “money” actually is. We have the equivalent on UK television. Sensitise yourself to the disinfo. Try to awaken your friends and family. This video is enough to wake peep’s up. They have very short memories!!

    @ 08:11 PM (642 views) Add Comment
    Report Article 17 Comments

    1. jackas said…
    Thanks for posting that P4C – so refreshing to hear someone out there talking sense. Some beautiful quotes in there as well.

    They actually laugh at him – astonishing.

    As you say, beware the so called experts.

    Wednesday, November 12, 2008 08:30PM Report Comment

    2. amjidk said…

    Wednesday, November 12, 2008 08:34PM Report Comment

    3. plato said…
    Yes ……… Not difficult to tell the fools from the wise man. The usual ridiculing of the truth as if that makes it untrue.

    Wednesday, November 12, 2008 08:34PM Report Comment

    4. shipbuilder said…
    Nice one, p4ac, fantastic viewing. Sadly that’s fairly typical of the behaviour of Fox News pundits. I’m surprised they didn’t label him as ‘unpatriotic’.

    Wednesday, November 12, 2008 08:42PM Report Comment

    5. renting2 said…
    Good post p4ac. As ever goes to show that brains are not necessary in a rising market.

    Wednesday, November 12, 2008 08:49PM Report Comment

    6. sold out said…
    Awesome Vid.Made my day.

    Wednesday, November 12, 2008 08:59PM Report Comment

    7. titaniccaptain said…

    Wednesday, November 12, 2008 09:09PM Report Comment

    8. little professor said…
    Fair play to him, he did get a lot of predictions right.

    Now I’m just waiting for him to explain why he piled into commodities right at the peak 6 months ago, as well as global stock markets, naively believing they would be somehow be immune from the UKUSA crash and the massive deleveraging that ensued. His clients’ portfolios are down an average of 40-50 % this year.

    Wednesday, November 12, 2008 09:13PM

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