Peter Schiff: "The recession that we are already in will be much worse than the Great Recession that followed the 2008 Financial Crisis."

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Last Edited by dr0id on 05/07/2022 11:35 AM

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Last Edited by dr0id on 05/07/2022 11:36 AM

Peter Schiff has been saying this for 30 years. Lol.

If I listened to this guy I'd be broke and working at McDonalds.

Peter Schiff is quite right about that.

Don't worry, we will be saved by higher tax rates for the wealthy and working middle class while providing universal basic income for the unemployed/underemployed.

He is making excuses to appease the public, while fully participating in the global financial downfall.

He’s their cheerleader, which has been fully demonstrated these past 4-6 years.

His outright lies during the trump years have been insane. Only a blind man, or a mindless democrat fell for them.

I wouldn’t trust him to tie my shoelaces.

It's like financial music with chairs right now.

Deus ex machina

Schiff is always wrong about everything

He is a broken clock

Yes, I agree, I think it will be about 10 or even 100 times bigger..

A depression that will last about 5-25 years.

And we will emerge in a trans humanist technocratic society.

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And caused by the same criminals too.

I think Schiff may be right again this time and like he says the feds bullets are mostly impotent now and QE etc. can't paper over things like it did for years after the 08 crash

Schiff was always right. He and all of us underestimated how long the criminals could keep kicking the can down the road. Looks like that can may have just hit a brick wall.

I think you are probably right.