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Peter Schiff: "WE ARE DOOMED ... "
YouTube ^ | June 11 | Peter Schiff

Posted on 06/11/2022 9:43:01 AM PDT by RandFan

Peter Schiff latest interview on economy, money printing, taxes, inflation and more.

Audio... [6:29]

(Excerpt) Read more at youtube.com ...


TOPICS: Business/Economy; Chit/Chat; Conspiracy
KEYWORDS: bidenflation; bidenlegacy; bidenomics; peterschiff; recession
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"We're probably ALREADY in a recession... "

"Look at these retailers blowing up one after another,.. Consumers income is being taken up by gas, rent and food and there is no money left... "

1 posted on 06/11/2022 9:43:01 AM PDT by RandFan
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To: RandFan
Peter Schiff: "WE ARE DOOMED ... "

Schiff may be right, but he always says we're doomed; he's the proverbial stopped clock.
2 posted on 06/11/2022 9:45:26 AM PDT by Alvin Diogenes
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To: RandFan

Let’s go Brandon.


3 posted on 06/11/2022 9:45:49 AM PDT by BenLurkin (The above is not a statement of fact. It is either opinion, or satire. Or both.)
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To: RandFan

This is the plan.

It’s purposeful.

Can be easily reversed as Trump administration showed.

But they have acted outside of the law and propriety to gain power and begin their hoped for transition (fundamental transformation).

These are difficult times, as they say.


4 posted on 06/11/2022 9:46:04 AM PDT by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: RandFan

It’s a shame to see what’s happened to the country, and real lives are impacted by the disastrous policies of the left as implemented by their puppet Dementia Joe, but let’s not forget that the crappy Jimmy Carter era set the stage for the Reagan Revolution.


5 posted on 06/11/2022 9:47:10 AM PDT by irishjuggler
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To: RandFan
The MANAGED DECLINE of America is 100% INTENTIONAL. "Cloward & Piven" driven by Bronco Obama.

ARREST THE ENTIRE REGIME BEFORE IT'S TOO LATE.

6 posted on 06/11/2022 9:48:26 AM PDT by CivilWarBrewing (Get off my back for my usage of CAPS, especially you snowflake males! MAN UP!)
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To: Alvin Diogenes

“Schiff may be right, but he always says we’re doomed; he’s the proverbial stopped clock.”

Yes, eventually it will happen. Robert Kiyosaki has been saying the same thing for years, “Stock holders will lose everything.”


7 posted on 06/11/2022 9:50:28 AM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: Alvin Diogenes

This is true.


8 posted on 06/11/2022 9:50:35 AM PDT by Pelham (World War III is entering on cat's feet.)
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To: irishjuggler

That’s a good point re: Reagan but the situation is worse now. 30 trillion reasons why. Also, no Paul Volcker on the horizon.

Can you imagine what 20% interest rates would do now....
.


9 posted on 06/11/2022 9:52:29 AM PDT by RandFan (For some reason I'm interested in politics, particularly the U.S. Senate)
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To: RandFan

p


10 posted on 06/11/2022 9:54:35 AM PDT by gattaca
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To: CivilWarBrewing

Bronco was and is a post turtle. He may be the face of the cabal, but he is not the one pulling the strings.


11 posted on 06/11/2022 9:55:40 AM PDT by kosciusko51
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To: ifinnegan

> Can be easily reversed as Trump administration showed. <

Right. The very best thing you can say about the current administration is that it is full of ignorant and spoiled children. And here’s the thing. Ignorant and spoiled children do not think about course corrections.

It’s always full speed ahead...right off the cliff.

And as a side point, at one time we had an independent press. They would point out these errors for everyone to see. Those days are gone.


12 posted on 06/11/2022 9:56:58 AM PDT by Leaning Right (The steal is real.)
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To: RandFan

LIke so many times, we see the signs, expect the trend to continue and still say “may” happen.

Like we saw the signs of the melt down of the markets last winter, we saw the trend, we saw the cause, we knew that there was no reason to believe it would reverse and yet we stayed in. Because the strategy is to hold.

The same signs are here for recession. It will come, it is probably here. We already see it in our actions and there is nothing that will cause that to be reversed in sight.

This die has been cast by this administration and it will not end until this administration has ended. Only then we may begin to rebuild with worn out tools and a ball and chain around our ankle.

We are DOOMED to a recession but we may not be Doomed forever and forever is the way Schiff always comes across.

We are also Doomed to misery for so long as the democraps are in power. Their ideology is not one of hope. It is all about destroying whatever they are presented with. A coon tears up or craps on everything he encounters. Maybe we should just call them coons?


13 posted on 06/11/2022 10:05:50 AM PDT by Sequoyah101 (Politicians are only marginally good at one thing, being politicians. Otherwise they are fools.)
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To: RandFan; All

“Can you imagine what 20% interest rates would do now....”

It would bankrupt the USA, every corporation and every bank, at least.

That’s why we’ll see inflation continue to soar and accelerate until everything burns down.

Nobody knows how to get off this train.


14 posted on 06/11/2022 10:06:04 AM PDT by Mariner (War Criminal #18)
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To: kosciusko51; NobleFree

This is OBidens third term, with Cabals south of the border executing our country’s youth and its vigor—funded by demand from our RAT leaders’ need for cocaine and “cocktail” drugs.

Legalizing drug-use has increased demand.


15 posted on 06/11/2022 10:08:31 AM PDT by Does so (https//youtu.be/3PxEWB6W8ig ......Uke's Independence Day Parade. Anthem starts at 15:00)
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To: Mariner

It’s crazy and frightening.

All Freepers should read #14 by Mariner and prepare accordingly.


16 posted on 06/11/2022 10:12:30 AM PDT by RandFan (For some reason I'm interested in politics, particularly the U.S. Senate)
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To: Huskrrrr
Yes, eventually it will happen. Robert Kiyosaki has been saying the same thing for years, “Stock holders will lose everything.”

I don't believe this, especially if you're invested in tech stocks. I've never seen people as negative as they are right now, which from a contrarian point of view is very positive for the market.

As Baron Rothschild said, "Buy when there's blood in the streets, even if the blood is your own."

17 posted on 06/11/2022 10:18:28 AM PDT by Alvin Diogenes
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To: CivilWarBrewing
The MANAGED DECLINE of America is 100% INTENTIONAL
The WEF is setting up what is referred to as the great reset, which means there can not be some rich countries which drive the world economy. Every country has to pretty much be the same and will contribute to and get from the elite WEF what it says you give and get. Since the FED was instituted (see the Monster from Jekyll Island) it has always been an elites rule the hoi polloi deal. Nothing new it's just metatizing. One point not spoken of much is the cost of defense to protect our country is going to explode if the dollar crashes.
18 posted on 06/11/2022 10:19:38 AM PDT by dblshot
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To: RandFan

Without a doubt, you’re right. We are indeed considerably worse off as a country compared to where we were two years into the Carter administration. In 1978, the WW2 generation, then in their mid-to-late 50s, was still essentially running the country. Who’s running thing now? Nearly ever major institution from government to media to business to churches to education is in the hands of woke, leftist idiots. It does seem like we’re truly screwed, but sometimes the darkest hour is right before dawn.


19 posted on 06/11/2022 10:20:29 AM PDT by irishjuggler
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To: Alvin Diogenes

Yeah—the good news—Schiff always gets it wrong...

Bad news: Even a broken clock is right twice a day.

;-)


20 posted on 06/11/2022 10:22:21 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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