Inside Story – Financial crisis: Rescue plan-25 Sep 08-Pt 3
Tuesday, January 12th, 2010 at
3:31 am
A special series of shows looking at the global impact of the financial crisis and how to minimize the fallout.
Tagged with: Al Jazeera • bailout • financial crisis • Global • Inside Story • Lehmann brothers • rescue plan • Turmoil Special • Wall Street
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This is a debate between somebody trying to make a buck and somebody who is trying to make an honest analysis. The europacific guy should be required to make a disclosure statement of conflict of interest for everything that comes out of his mouth.
Someone needs to tell this guy that the FED is a private bank not controled by the US governmnet
Can you expand on your statement…
Peter Schiff is a complete idiot that trying to spread dome and gloom. Why anyone would want to do business with Euro Pacific Capital, I’ll never know. This guy has no clue at all during recessionary times. Listen to the more knowledgeable MP from Parliment and learn! What a brainless twit.
The other idiots that have commented don’t understand how banks work, they don’t understand central banking, money is debt, the entire system needs restructuring. Schiff talks about doom and gloom because it’s coming, it’s 1-2=0, all these people you see in the media saying, we don’t really know if it will work are fucking idiots, economics isn’t a crap shoot, the problem is people don’t know what’s going on, so they offer ignorant opinions based on their high cost edumacation aka indoctrination
Say what you want, but he’s made me money, and that’s all I care about.
If Peter Schiff really knew how to make money he won’t be 24 /7 on mainstrain media trying to attract customers to his fund , if he knew how to make easy money he would have kept it to himself , people should understand that money could not be made just by speculating that’s theft from the hard working labor , these wall street crooks are all thieves it does not matter what opinion they have on this economical mess they have created
this is so funny ,,, re = 3:35-3:53,??? saved money is not “real” money ???
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Hopkins = “recession” +mass unemployment” = “spending power ((I might have to look that one up)) for the things people produce in Britten ,goods and services “.
Do you realize that this hopkins fellow just took a verbal shit in your ear ?
and peat slaps him down with a deafening” NO” and you could hear that echo ,,,nice
Peter makes good sense this man even saw the housing bubble coming a mile away while the so called economists and politicians claimed no one could have seen this coming.
Wow Thorpean, damn you are clueless.
You eat up everything politicians say don’t you!?^^
peter’s right
my sources in CIA told me that Gates wanted to arrest Schiff, but Biden stopped him because he has a large account in Europac. LOL
absolutely. remember that not so funny, sarcastic ben stein saying it’s not that bad and that schiff was over reacting?
ben stein is a joke.
all of our media, fox, cnn, nbc are a joke. this station in the mideast does a far better job.
“If Peter Schiff really knew how to make money he won’t be 24 /7 on mainstrain media ”
WRONG. if peter schiff didn’t have money, he would be broke like most americans living paycheck to paycheck not being able to be on media 24/7.
Peter Schiff does make money, he is the president of his own firm that specializes in foreign stocks and compared with other brokers his fees are very low and his clients do quite a bit better, he is on tv alot because his opinion is very valuable and i suggest you listen to what he has to say.
Well maybe some of them do know whats going on and they say these things because it is in there interest to do so most of the bankers don’t want to reform of the banking system which allows them to create money with the flick of a pen and in return are allowed to buy things in the real economy with the money they created out of thin air.
watch?v=fvCXJegxmJA
my question is and will always be why aren’t the people responsible for this mess being held accountable shouldn’t the money they raped the American worker be used to bail out america’s woes. i haven’t seen one major mortgage brokerage house who let these a.r.m.s and no cash down mortgages get busted or the billions they swindled out of hard working people returned. why isn’t the federal govt. going after these crooks?
The government *wanted* this to happen. They not only allowed it they did everything to help it happen. Why punish their partners in crime?
all these greedy losers care about is the money.
The US is going down. All because the Government is only speculating and not acting logically.
This guy is such an idiot. Thinks he’s so smart and advertises his company behind him. He just trying to drum up business for himself.