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Rockstar Economist Peter Schiff tells RT’s Marina Portnaya that Lehman Brothers failure was a success not a failure. He says Americans will face increasing unemployment, inflation, and possible bread-lines if government backed bail-outs continue.

Duration : 0:11:55


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25 Responses to “Peter Schiff: Americans must prepare for deepening unemployment, inflation and possible breadlines”

mattt1ooo Says:

BANK OF AMERICA IS …
BANK OF AMERICA IS THE MOST CORRUPT BANK IN THE COUNTRY!. Bank of America harassed me, ruined my credit, charged me over $800 in fees over a 10 day period, tried to humiliate me, and never stopped calling my house- all because of $50 overdraft!!
In one day I was charged over $250 in overdraft fees because of a company that took advantage of my bank account- BofA charges more fees than any bank in the World!

ForTehNguyen Says:

funny how you …
funny how you complain about republicans. It took 8 years for bush to screw up the Repub party. Obama is doing it even faster, 2010 will be a complete steamrolling of democrats at this rate

residentzombie Says:

Libertarian = …
Libertarian = Liberty and freedom. Today’s Republicans are mostly Neo Cons and corrupted by large corporations and the United Nations. Today’s Democrats are mostly Communists and corrupted by big bankers and the United Nations. The United Nations is a big problem for the free and independent citizens of ALL government citizens, especially Americans.

psynema Says:

Libertarian = uber …
Libertarian = uber republican

residentzombie Says:

Democrats and …
Democrats and Republicans are both corrupt. It’s time to give Libertarians a chance.

residentzombie Says:

Yes it could get …
Yes it could get that bad for awhile. Silver, booze, and common ammo types are also good to barter with. Prepare for the worst and hope for the best. Food stoage of at least 6 months per person is recommended.

romax74120932 Says:

but you have to …
but you have to recover to be the best country in the world, and that starts with the best government, and the best government we all, you have to make the best bases recapitulate the country, and why not also take the best of every political system in the world to rebuild the best nation in the world. neither a president nor the cameras are the solution.

psynema Says:

get back in your …
get back in your montana shack.

Ain’t lettin’ no right wing quack try to self rightesouly scare everyone when they’ve ran the US since 1980…poorly.

JUST LIKE THEY ran the US pre Depression

Wake up

Long stints of Republicans= recession..EVERY TIME

pretorious700 Says:

The US used to be …
The US used to be the best country in the world-before bloated central government began strangling the life out of it.

pretorious700 Says:

open your mind to …
open your mind to all possibilities. when society breaks down, basic goods of trade become the norm. this top heavy monetary structure is imploding. how can one justify billions of dollars in bonuses to an elite group of bankers when people are on the street, homeless and starving?

food, liquor, guns,nothing would surprise me as barter goods

psynema Says:

WTF is this maniac …
WTF is this maniac – barter cigarettes?

romax74120932 Says:

Why? U.S. still the …
Why? U.S. still the best country in the world, can not have the best of everyone? Social services and free as socialists, can pay taxes, that the state protects workers, so that among all township enterprises do, to compete with large companies, like the Communists and besides what is permitted free market. that being the best that they have the best. Why not? The best deserve the best worldwide

Intifada1981 Says:

@dmc65fairlane

@dmc65fairlane
Could you volunteer?

definca Says:

Really? how many …
Really? how many of that dozen allow you to own guns and not just hunting but real guns for taking care of business if things get ugly.

billsaintkilda Says:

Have you been …
Have you been anywhere else? I’ve been to America. Yeah it’s OK but I’ve een to better places. It’s not in the top 10 as far standard of living, economic freedom. It’s not in the top 30 for freedom of the press. Not even in the top 40 for life expectancy. And not everyone wants to go to America. That’s propaganda that is fed to you. I could actually name about a dozen countries that are better than america right now.

jakevilletramp Says:

This is more than …
This is more than just GW and BO. Go back to FDR and study up.

dmc65fairlane Says:

get a dog!
get a dog!

olh1152 Says:

This sums it up:

This sums it up:
GW took us to the edge of the cliff.
BO pushed us off.

MrHarry46 Says:

definca:
yeah …. …

definca:
yeah ….too bad the UN-patriotic PATRIOT ACT literaly obliterated the US Constitution
have fun remembering what it was like to be free

ElFrankus Says:

The moment the US …
The moment the US army retires from its 200 plus bases all over the world, and minds its own business, and countries stop following US dominated IMF and world bank policies, that will be the moment that the grass will get greener everywhere and every place will be a better place. US Army OUT!

eliasmouawad Says:

Search for US DEBT …
Search for US DEBT FORMULA

definca Says:

America’s greatest …
America’s greatest asset is its constitution. The reason we have done so well for the past 200 years is because of what? Our freedom, our democracy, our liberty, our law and order, our decency. This is why America will likely still be a place people from all over the globe to be here. THAT gives America value and will continue to make America a place for people of all races to come and want to make a life for themselves. America still the best place on earth. Show me a better place.

b1muas22 Says:

lol, fag.
lol, fag.

Deutsche22 Says:

I agree…
I agree…

SexyAamber88 Says:

i really need some …
i really need some cure to my loneliness.. ;)

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