Good Lord, how does this Peter Schiff guy get on any national news show?
Obviously his name comes from his country of origin, the island of Shiffer. People there are so dumb the rest of the world refers to them as Shifferbrains.
RE :”the island of Shiffer.”
???
He gets on news shows because he foretold this mess 4 years ago. And he is from the Austrian School of Economics. Not some socialist/Keynesian.
You should watch “Peter Schiff was right 2006-2007 2nd edition’ on Youtube. You would not be quite so sarcastic.
He mops the floor with about ten other economists,investment pros,etc.,and he is precisely correct.
The car comment is just his way of saying exports of goods.(IMO).
Oh,and the best thing about “Peter Schiff was right” is that
they were laughing and denigrating him on camera.”He who laughs last...”.
You can't be this damn ignorant. Did you even listen to the entire audio?
Schiff tried to warn us years ago, and told us exactly where this was all going, and Schiff was exactly correct.
Schiff was also Ron Paul's economic advisor. You know, the guy all the Republican insiders told us was a nut ball.
Turns out, these guys were absolutely correct.