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Nov 2006 Peter Schiff Mortgage Bankers Speech Part 1 of 8

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In 2006 Peter Schiff tells over 1000 mortgage brokers they are about to be out of jobs. Watch how he completely nails the coming real estate/mortgage debacle before anyone else even realized it was coming.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: EPAdmin

Length: 09:56
Rating: 4.99
Views: 44400

Tags: analysis  commentary  economy  mortgage  Peter  Schiff  

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Video Comments

stringbean9000 (November 30, 1999 at 12:00 am)
although at least China has some savings and won't have to print ridiculous amounts of money.
stringbean9000 (November 30, 1999 at 12:00 am)
China is in the crap too. many moved from rural areas to cities where they worked in factories. If the US stops buying a lot of goods those factories will close and those people become reliant on the govt. It is more like the Asians plundered the island to feed the fat American and now the economy has to regrow. They gave up some of their self reliance and national interest. Interesting to compare the 1870s Long Depression for how the US had a rail boom and the Chinese response at the moment.
IPTVBoyz (November 30, 1999 at 12:00 am)
God he's good. Compare this guy to the two socialist shills Obama and McCain...man we are in deep shit!
leeleehat (November 30, 1999 at 12:00 am)
Ha, left alone for 50 years? Rhodesia anyone? I don't think you could discount the ravages of imperialism even if they were "left alone" in recent history. The diamond trade today takes more than it gives to Africa. Even if you don't want to buy into the blood diamond image in it's entirety it is certainly evident of great economic disparity, again due to defunct economic systems that without the aid of militant imperialism in the past would not exist in the present.
chunhaylee (November 30, 1999 at 12:00 am)
"the 5 chinese would be better off just kicking the american off the island" That was harsh.... but I guess that's what's happening now.
ngonea (November 30, 1999 at 12:00 am)
U.S has had 232 yrs to fuck up their country, yet you say Africa a whole continent after being raped by western nations for 500 yrs, millions of their ppl killed and enslaved which = depopulation, then the west spreads IMF & WB loans with strings attached and the WHO spreads AIDS, they should be up and running in 50 yrs? your not stupid, your dishonest.
abcdeuy (November 30, 1999 at 12:00 am)
I wish only white people were arogant. Unfortunetly this is not the case. You have to be totally stupid not to notice how arogant are most of political leaders in Africa. Of course great harm was done to Africa by white people but for last 50 years or so they were left on their own (mostly). This however didn't lead to substantial positive change. On the contrary most of the nations have much bigger problems.
anujissexy (November 30, 1999 at 12:00 am)
hay hay hay. ;D whoa!!!!!! good vid! vQ
alauc (November 30, 1999 at 12:00 am)
Why dishonest and "stupid" people are better SELF-ORGANIZED, than honest and smart ones?
trombone7 (November 30, 1999 at 12:00 am)
He's speaking to a bunch of bankers ? I wonder how many in the audience were shifting in their seats going, "Do I have to listen to this? In the 1800's we borrowed money, built infrastructure and produced exportable goods? Duh." And I'm like : "Evidently you need to be reminded." Sit tight, there's more.


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