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View Full Version : If you want to understand the economic crisis, listen to this



jonquest
03-14-2009, 08:59 PM
http://mises.org/multimedia/mp3/ASC2009/ASC09_Schiff.mp3

This is a talk Peter Schiff gave at the 2009 Austrian Scholars Conference presented by the Ludwig Von Mises Institute. I think the conference is actually continuing through this weekend, but this was from yesterday or the day before. He talks about the dot-com bubble, the housing bubble, how everyone told him he doesn't know how the housing market works, paying back China our debts, and everything else related to the current crisis. Highly recommended.

JaySin
03-15-2009, 12:05 AM
Really makes me wonder where the hell we will be headed in the next few years.

rockyraccoon
03-18-2009, 03:35 AM
Really makes me wonder where the hell we will be headed in the next few years.

Me too... towards a controlled economic collapse decades in the making, and a dictatorship. That's my opinion.

killerweed420
03-18-2009, 06:18 PM
If we don't get rid of the Federal Reserve thats exactly what will happen. As the old saying goes,"Whoever has the money has the power", and the federal reserve has all the money and is a private organization not controlled by congress.