Peter Schiff predicts financial collapse and is laughed at

[Joey]

Ron Paul's advisor, I'm impressed by how calm he remains when people mock him . For some reason, the video isnt loading for me , direct link http://www.youtube.com/watch?v=B8r-nDBx5Jg&eurl=http://www.bloggingstocks.com/2008/12/09/peter-schiff-was-right-but-people-laughed/&feature=player_embedded
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[zykron]

Damn, I was routing for Ben Stein, since he had a game show. :o


Actually, I was predicting it way back in 2001, when I never knew a damn about the economy, since too many people (about a few million) used their money during the .com days to buy these huge shithole houses out in the middle of nowhere. How did these people really expect to make a living?! No wonder the banks ran out of money. :rolleyes:

I got like 3 full rants on this stuff. The clues were back in 2001-2003; naturally, everyone adopted the "hold back" attitude by inflating the price. Fuck the world.