Nov 2006 Peter Schiff Mortgage Bankers Speech Part 8 of 8
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.
Duration : 0:3:56
December 30th, 2008 at 10:40 am
Hehe, You’re right …
Hehe, You’re right Keiko8383!
December 30th, 2008 at 10:40 am
Peter made another …
Peter made another guy look like a jackass..I wonder what this chump has to say now…..OOOOOH FACE!
December 30th, 2008 at 10:40 am
As you can see …
As you can see Peter Schiff was exactly right about home prices and the future of the economy two years ago. He now says this is just the begining of the collapse. The emperor has no clothes. Banking and auto industry failures are just the appetizers, wait till we get to the entree. BoooooYaaa!
December 30th, 2008 at 10:40 am
Have you been to …
Have you been to business school? OR worked in a finance firm? It’s out of the box because people are taught to think in a specific way. Schiff appears to them as outrageous because the way he approaches is out of that “box” people depend on to feel comfortable.
December 30th, 2008 at 10:40 am
LOL your jokes!
LOL your jokes!
December 30th, 2008 at 10:40 am
man this guy has …
man this guy has got balls talking like that to all those MORTGAGE bankers. good job Schiff.
December 30th, 2008 at 10:40 am
What is this “out …
What is this “out side the box” bullshit? Peter isn’t snorting coke and dropping lsd to see magic numbers; he’s looking at facts. Well, moving forward we’ll have to touch base on the paradigm shift from the the manufacturing economy to a service sector and ughh…well WE’LL ALL BE SERVING WAFFLES AT IHOP.
December 30th, 2008 at 10:40 am
The Dr. was in …
The Dr. was in denial as are all of the mortgage banker folks in this series. Now the tale has been told and is unfolding. Yes, Peter looks at things as they really are. The real estate “boom” had folks so blinded, it is easy to see how hard it is for them to turn loose of what made them rich. If nothing else, step back and let this thing unravel. Build up some capital and step in once it hits the ground, rebounds and drops with a thud. THAT is when one steps in and makes money over time.
December 30th, 2008 at 10:40 am
Notice the bull has …
Notice the bull has nothing to say about his predictions from a year ago. What a lightweight, nor does he make any of his own, he just tries to negate anything Peter says, which isn’t real debate at all. It’s pretty obvious which of the men on stage does any real thinking outside the box that the establishment has created.
December 30th, 2008 at 10:40 am
great upload EPAdmin
great upload EPAdmin
December 30th, 2008 at 10:40 am
Idiot.
Schiff …
Idiot.
Schiff didn’t say Pluto was a planet.
Neither is the moon…dumbass.
December 30th, 2008 at 10:40 am
Betcha the world is …
Betcha the world is sorry they didn’t listen to Peter, now…. LOL
December 30th, 2008 at 10:40 am
Yes and he’s senior …
Yes and he’s senior economist with the NCPA. Orthodox economics is a discipline in crisis and Asmus and his ilk will continue making bad predictions and flawed policy recommendations until neocalssical/Keynesian economics is retired.
December 30th, 2008 at 10:40 am
He wouldnt even run …
He wouldnt even run the Fed. Peter would have torn the Fed down, and let the country have a free-floating interest rate, depending on the region.
December 30th, 2008 at 10:40 am
At least he was …
At least he was very gracious at the end lol, I’m going to email the Dr. this clip if I can find his email.
December 30th, 2008 at 10:40 am
isnt it always …
isnt it always those that say “it wont ever happen” that it always happens to?
Go Schiff
December 30th, 2008 at 10:40 am
LOL, Wells Fargo …
LOL, Wells Fargo sponsoring lunch. They’re probably the only bank left that can afford the bread rolls!!
December 30th, 2008 at 10:40 am
What a phenomenal …
What a phenomenal lecture!!! Peter Schiff rules. Whoever argued against Schiff just ends up looking like idiots
December 30th, 2008 at 10:40 am
da bomb
da bomb
December 30th, 2008 at 10:40 am
Barry just got …
Barry just got owned. I would really like to see the 2007 video
December 30th, 2008 at 10:40 am
As Edward deBono …
As Edward deBono says, being smart is dangerous because it makes you better at justifying bad ideas.
December 30th, 2008 at 10:40 am
By the way, Barry …
By the way, Barry Asmus Phd, still has a website promoting himself. Photo gallery and all. You can still book him as a speaker.
December 30th, 2008 at 10:40 am
Pluto is a *** …
Pluto is a ***Planetesimal***!!!!
Silly Peter.
December 30th, 2008 at 10:40 am
I am wondering …
I am wondering where the video for the 2007 bankers speech is. Did too many of them slit their wrists to form a respectable group. Maybe they down-sized the meeting to Ramada because the leftovers from the group couldn’t fill Mirage.
December 30th, 2008 at 10:40 am
I’m unimpressed at …
I’m unimpressed at the fact that Paul Krugman won the Nobel prize, when clearly Peter Schiff deserves some real credit for his economic analysis and the fact that he totally NAILED IT.