Sunday, 14 August 2011

Peter Schiff Bankers Speech

Just saw this video of Peter Schiff in 2006 predicting the whole credit crunch thing, pretty interesting stuff he got quite a lot of it spot on. Have a look:

20 comments:

  1. He's right on the money, in every sense of that expression. Look up some of the RSAnimate stuff, especially the work of Slavoj Zizek and Jeremy Rifkin...but the fact that Mr. Schiff is saying this in 2006 is actually mind blowing...scary as well.

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  2. As Airanel said, he's definitely right on the money.

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  3. totally agree, he's great!

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  4. Wow. that is interesting.. I've never heard of him before now though... cool! +follow!

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  5. Meh... it's basically a video about common sense. Anyone who's gone economy 101 should know this really

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  6. I skipped some of the parts but hes a great mind, to bad he could not have stopped it :)

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  7. this is shocking, back there no one was thinking about some like this could happen

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  8. It's crazy, I never saw this on the news or anything back in 06-08. Kind of makes you wonder..

    I found your blog through a friend -- +1 follow (Would appreciate the same :D)

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  9. Even if common sense allowed you to predict this, it doesn't necessarily give you an easy solution.

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  10. Peter Schiff is a kook!

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  11. so interesting, he is a crack!

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  12. He's an economical profit. Er, ecumenical prophet.

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  13. Kind of amazing he predicted it so early. But I guess it is hard to figure out what to do even if you see it coming.

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  14. We were just talking about this in our economics class as well.

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