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Peter Schiff getting mocked in 2006 - Bulls and Bears

submitted by ElJardinero

1 decade 5 years 8 months 2 weeks ago

Amazing how they laugh him off, how wrong they were.

There seem to be alot of videos on the interwebs showing him getting mocked in 2006.
"LOL U STOOPID TEH MARKET IS STROOON HOEWSE PRIZE GUD"

5 Comments

BAHAHAHA

Dr Doom was right then, and maybe people should start listening to what he has to say about the credit card crisis that's coming next. The party has just started.

It's one thing to disagree, it's another to straight up mock someone for saying something that is essentially common sense. Bunch of morons.

He's described the bailout as "a nuclear bomb" for the US economy. That amount of money with nothing to back it up would devalue the dollar.

"In an August 2006 interview Schiff generated much controversy when he repeated his long-held investment thesis: "The United States economy is like the Titanic and I am here with the lifeboat trying to get people to leave the ship ...I see a real financial crisis coming for the United States.""

Open mouth, insert foot.

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