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Peter Schiff on Joe Rogan

Posted on 7/18/18 at 10:05 pm
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 7/18/18 at 10:05 pm
His most recent podcast with Joe Rogan was spot on. Most of you don’t want to hear it but Trump is in a precarious situation. He has tied his cart to this economy and when it falls apart (not because of anything he did) he will be blamed for it by the establishment.

The next move will be to say that an outsider/capitalism did this and what we need is more government. Perfect setup for a Bernie Sanders type candidate to take advantage.

Yes, I guess this makes me a cuck, but I think it is a serious threat. If we make it to next year without a recession it will be the longest time in US history without a recession and Trump probably has 6 more years in office. Odds are not in our favor.
This post was edited on 7/18/18 at 10:22 pm
Posted by GooseSix
Member since Jun 2012
19496 posts
Posted on 7/18/18 at 10:07 pm to
quote:

Adam Schiff


Didn't read. Down voted. Stop using drugs.
Posted by LSUTIGER in TEXAS
Member since Jan 2008
13604 posts
Posted on 7/18/18 at 10:08 pm to
quote:

I guess this makes me a cuck,
the first step is admitting you have a problem
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69228 posts
Posted on 7/18/18 at 10:08 pm to
quote:

If we make it to next year without a recession it will be the longest time in US history without a recession
There is no "law" that gives a time period for an economic cycle.

We went 1992-2008 with only a tiny tiny recession.
Posted by jpbTiger
Tampa FL
Member since Dec 2007
4968 posts
Posted on 7/18/18 at 10:09 pm to
quote:

Most of you don’t want to hear it but Trump is in a precarious situation. He has tied his cart to this economy


That's actually why I think we'll have a two-term Trump presidency.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78317 posts
Posted on 7/18/18 at 10:09 pm to
What an absolutely asinine assessment.
Posted by NIH
Member since Aug 2008
112547 posts
Posted on 7/18/18 at 10:09 pm to
I lost a lot of respect for what he was saying when at the end he plugged schiffgold.com


He directly fricking profits from doom and gloom
Posted by ApexTiger
cary nc
Member since Oct 2003
53766 posts
Posted on 7/18/18 at 10:10 pm to
dude, economic forecast shows "We just getting started"

Posted by roadGator
Member since Feb 2009
139740 posts
Posted on 7/18/18 at 10:11 pm to
Supreme court
Posted by bstew3006
318
Member since Dec 2007
12571 posts
Posted on 7/18/18 at 10:12 pm to
quote:

If we make it to next year without a recession it will be the longest time in US history without a recession and Trump probably has 6 more years in office. Odds are not in our favor.


Odds are in our favor! Recession is coming, but not in next 6 months!
Posted by Chuker
St George, Louisiana
Member since Nov 2015
7544 posts
Posted on 7/18/18 at 10:16 pm to
I just listened to this today. He convinced me to cash out my 401k and buy a shitton of gold. And conveniently Mr Schiff sells gold so knew right where to go.















Sersly, last time he was on Rogan he was pimping the shite out of gold. I am starting to wonder if he is paying Rogan to have him on to make his "buy gold" speal.
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92876 posts
Posted on 7/18/18 at 10:17 pm to
quote:

Adam Schiff on Joe Rogan


You are fake news
Posted by AUstar
Member since Dec 2012
16981 posts
Posted on 7/18/18 at 10:18 pm to
quote:

Adam Schiff


Peter Schiff, not Adam Schiff.
Posted by beaverfever
Little Rock
Member since Jan 2008
32637 posts
Posted on 7/18/18 at 10:19 pm to
The Fed wasn’t near this hands on prior to the Great Recession. Economists don’t even know what the economy will do.
This post was edited on 7/18/18 at 10:23 pm
Posted by Revelator
Member since Nov 2008
57816 posts
Posted on 7/18/18 at 10:23 pm to
Schiff Happens!
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 7/18/18 at 10:24 pm to
quote:

dude, economic forecast shows "We just getting started"


That’s usually what people say before a bubble bursts. Inflation is about to ramp up forcing the fed to raise interests rates faster than they want. What happens to all the over leveraged debt when that occurs?
Posted by starsandstripes
Georgia
Member since Nov 2017
11897 posts
Posted on 7/18/18 at 10:25 pm to
That podcast had two things:

- Never ending fear mongering by Peter
- Peter hoping things move on a trajectory that favors him; he's literally banking on Trump failing, and he hopes that Trump fails. Should Trump succeed, it will create a new environment that Peter is not confident he can exploit. He's comfortable in the current environment and wants it to go unchanged.

It was dramatically different from his first time with Joe.
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 7/18/18 at 10:27 pm to
quote:

There is no "law" that gives a time period for an economic cycle. We went 1992-2008 with only a tiny tiny recession.


No there is no law but what do you think Trump has done to drastically alter the natural fluctuations of a market?

Yea we could weather that “tiny tiny recession” in the 90s. We can’t now. What would the Fed do? More quantitative easing? More debt?
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 7/18/18 at 10:30 pm to
quote:

Peter hoping things move on a trajectory that favors him


Or maybe he actually believes what he is saying and has developed a business that mirrors his beliefs.

Why would he say he believes our current economic model of massive debt is destined for failure then go invest in the stock market? That’s a guy I don’t want to listen to
Posted by Blizzard of Chizz
Member since Apr 2012
18957 posts
Posted on 7/18/18 at 10:32 pm to
quote:

His most recent podcast with Joe Rogan was spot on. Most of you don’t want to hear it but Trump is in a precarious situation. He has tied his cart to this economy and when it falls apart (not because of anything he did) he will be blamed for it by the establishment.



Jesus Tap-dancing Christ what the frick do you want the man to do? We have damn near 4% gdp growth and you’re suggesting Trump distance himself from it. There isn’t a politician on the planet who wouldn’t be beating his chest and touting this economy. Do us and you a favor, next time a thought pops in your head, don’t start a thread. Keep it to yourself.
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