>credit loan bubble
>middle east on verge of shia/sunni war
Financial collapse when? I need to buy some cheap property, I missed out last time
seriously though, the stuff Schiff/Maloney/Molyneux have been talking about for the past few years is happening now
True or false this is a quote from Peter Schiff:
> While the global economic outlook appears modest, expectations were downgraded as the year progressed and there are still major risks. Despite the range of extraordinary monetary stimulus measures that have been applied or ares till in place, growth in the US, UK, Europe & Japan is modest at best and, partly due to the fall in energy prices, inflation has been declining. This highlights a key concern that while quantitative easing has led to asset price inflation and underpinned the performance of share markets, the flow through into the real economy has been limited.
He's not just saying there's going to be a recession. He's been right about the Fed's decisions the past few years when everyone else was saying the opposite was going to happen. He predicted the Fed was not going to taper when everyone was saying they would, and he predicted the Fed wouldn't raise interest rates when everyone was saying they would. Eventually they did both but way after people predicted they would. He also correctly predicted QE3 when no one else thought it was going to happen. Schiff has also been saying that the next recession is going to be worse than the one in 2008 and will likely be before Obama leaves office. Whether that is the case remains to be seen but he's not just saying there's gonna be a recession, watch out.
He's been right in pretty anything related to Fed decisions, and makes a lot of fucking sense when it comes to macroeconomic trends.
The only fuckup he did was screaming about hyperinflation
I decided to timestamp this book because I have nothing better to do.
Schiff is a genius, if u haven't been at least listening to him for the past 2 years on YouTube, then u r a fagit and r going to lose your money during this crisis
i like schiff sometimes he makes me think he knows the fed better then it does itself, though i only listen to him to get a perspectiv as i would do with all forecasters read as many as you can and make your own mind up
I actually worked at the fed for some time and I can confirm this. Most people at the fed don't seem to know what the term 'naive intervention' means.
This is also the reason why I left a few months ago