Peter Schiff on Coast to Coast

Posted on by

This is a great interview with Schiff.  If you are somehow still unaware how the coming crisis will come you have to listen to this.  Schiff also mentions some things that I never thought of.  He talks about government debt is worse than debt of a company like Coca-Cola.  If Coca-Cola defaults, then the creditors get the company, if the U.S. government defaults the creditors get nothing.  Ouch!  Some countries (China?) could look at that as an act of war.  I hope no one visiting this website holds government bonds.

The interview with Schiff starts about 8:30 into the video.

 

My own personal thoughts on default and raising the debt ceiling is one big yawn.  You are much better off not watching this political theater at all.  Walk your dog, kiss your girlfriend, just don’t turn on the TV and watch this current load of bull.  Your blood pressure will thank you later.   You would be better off reading a book on the Federal Reserve and looking for investments that will protect you against coming default.  Time is running out.  If you are expecting politicians to figure this whole thing out you are going to look like a big dummy to your grandchildren not yet born.  Don’t disappoint them, buy some gold and silver.

1,240 thoughts on “Peter Schiff on Coast to Coast”

  1. A person necessarily lend a hand to make critically posts I would state. That is the first time I frequented your website page and up to now? I amazed with the analysis you made to make this actual publish incredible. Magnificent activity!

    Reply ↓

  2. 297032 957427Hello, Neat post. There is an issue along together with your site in internet explorer, could test thisK IE nonetheless will be the marketplace leader and a huge portion of other people will miss your magnificent writing because of this dilemma. 168839

    Reply ↓

  7. 133463 8246You created some decent points there. I looked on the internet for the concern and identified most individuals will go along with with your web site. 455589

    Reply ↓

  17. 57083 666605I dont believe Ive seen all the angles of this topic the way youve pointed them out. Youre a true star, a rock star man. Youve got so significantly to say and know so much about the topic that I believe you must just teach a class about it 238668

    Reply ↓

  22. 727905 475133Exceptional read, I just passed this onto a friend who was doing some research on that. And he in fact bought me lunch since I identified it for him smile So let me rephrase that: Thank you for lunch! 324487

    Reply ↓

Leave a Reply

Your email address will not be published. Required fields are marked *