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Peter Schiff on Joe Rogan
Posted on 7/18/18 at 10:05 pm
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.
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 on 7/18/18 at 10:07 pm to WaWaWeeWa
quote:
Adam Schiff
Didn't read. Down voted. Stop using drugs.
Posted on 7/18/18 at 10:08 pm to WaWaWeeWa
quote:the first step is admitting you have a problem
I guess this makes me a cuck,
Posted on 7/18/18 at 10:08 pm to WaWaWeeWa
quote:There is no "law" that gives a time period for an economic cycle.
If we make it to next year without a recession it will be the longest time in US history without a recession
We went 1992-2008 with only a tiny tiny recession.
Posted on 7/18/18 at 10:09 pm to WaWaWeeWa
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 on 7/18/18 at 10:09 pm to WaWaWeeWa
What an absolutely asinine assessment.
Posted on 7/18/18 at 10:09 pm to WaWaWeeWa
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
He directly fricking profits from doom and gloom
Posted on 7/18/18 at 10:10 pm to WaWaWeeWa
dude, economic forecast shows "We just getting started"
Posted on 7/18/18 at 10:12 pm to WaWaWeeWa
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 on 7/18/18 at 10:16 pm to WaWaWeeWa
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.
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 on 7/18/18 at 10:17 pm to WaWaWeeWa
quote:
Adam Schiff on Joe Rogan
You are fake news
Posted on 7/18/18 at 10:18 pm to WaWaWeeWa
quote:
Adam Schiff
Peter Schiff, not Adam Schiff.
Posted on 7/18/18 at 10:19 pm to HailHailtoMichigan!
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 on 7/18/18 at 10:24 pm to ApexTiger
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 on 7/18/18 at 10:25 pm to WaWaWeeWa
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.
- 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 on 7/18/18 at 10:27 pm to HailHailtoMichigan!
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 on 7/18/18 at 10:30 pm to starsandstripes
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 on 7/18/18 at 10:32 pm to WaWaWeeWa
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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