Collapsing U.S. GDP Growth Belies Rosy Forecasts
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The Schiff Report 7/30/2016 Sign up for my free newsletter: http://www.europac.net/subscribe_free_reports Peter Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Friend me on http://www.Facebook.com/PeterSchiff Follow me on http://www.Twitter.com/PeterSchiff
Comments
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Anyone want to Make the New World Order great again!!!
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Wow Peter, I see NBC took down your last video. Get that content out, we need opposition to the narrative
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RE: Govt Debt - He's back with another crazy article - Mike Norman - “Don't Let Them Lie to You; There Is No National Debt Danger” http://realmoney.thestreet.com/articles/10/27/2016/dont-let-them-lie-you-there-no-national-debt-danger
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20:00 banks are bookies they don't care what the interest rate is, they would like it to be higher as they earn bigger spread. What the don't like is change. The middle class caused the housing crisis, specially idiots like Elizabeth Warren who encourages people to miss student debt and house payments. She should be in jail.
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Does anyone know of any existing studies that analyze how government statistics are systematically altered for political expediency? We all know the statistics that are reported are FAKE, however, this should be fairly easy to document. If the GDP numbers are commonly exaggerated upon initial release only to be revised DOWN later, than that should be something that can be documented. Anyone???
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Why does our economy require CONSTANT stimulus?
Next question, what is the TRUE state of economic activity WITHOUT stimulus?
Final question, if GDP growth over the last 8 years averages less than 2.0% at the same time
that the federal budget deficit averages around 3% of GDP, then what is the REAL GDP without
the ADDED deficit spending and borrowing inserted into the economy? -
Loved Peter interviewing others on the Peter Schiff Radio Show. Better than a pitbull fight.
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More Schiff on the street please.
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Peter here is the follow up on the refusal of Deutsche to deliver gold from the of the Xetra-Gold Exchange. http://www.zerohedge.com/news/2016-09-01/xetra-golds-responds-deutsche-banks-failure-deliver-physical-gold Question, who will sound the alarm? Will you?
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Other benefits to having lower housing prices and higher interest, is when interest is higher, you can claim more off your taxes. Also, since the sale prices and interest are reciprocals, when interest is low, the sale price goes up and so does your property taxes. Plus, it is more difficult o pay off your house earlier because your principle is higher. Therefore, it's much better to have a normal interest rate and a lower sale price than what we have today. And for this reason, I think people are not getting the good deal that they think they are getting..
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Millionaires and billionaires are Hitlary's friends. The targeted group are the $100k' folks. That is because the government controlled by Hitlary's cronies decide the rich as the ones who show higher income while the billionaires with trillions of dollars of asset showing no income can be considered to go on welfare. The fucking system is fucking sick. Idiots who think otherwise are supporting this system.
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Peter Schiff. I just watched your video when you went to Occupy and it was outstanding. I hope that you got some of the youth to be more curious about economics. Also, I look forward to hearing about the most recent news about quantitative easing in Europe.
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Wasted your hard earned money for shiny peices of metal coins. But I have to admit they are pretty though.
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I'm telling you if you own all these gold and silver and they make it illegal to own tell me what are you going to do????
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Gold is not used as money now its just a shiny medal one hopes he may be able to sell again at a higher price but there is no guarantee you will be able to sell it at the desired price or that it will be legal to do so.
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Contrary to Peters theories we in a keynesian economic world and thats the reality. We may like it to be otherwise but that's just theory and a wish not reality.
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and there is a few MAJOR problems with Gold:
1. All they have to do is make it illegal to own or to confiscate the gold again as they have done before (there is precident) and if you don't hand it in then you just stuck with shiny coins you can't do anything with.
2. What if under dire economic circumstances you try to sell your gold and all they offer you is pennies on the dollar take it or leave it then you screwed so there is no guarantee of protection in holding gold -
I think the student loan crisis is also ruining the economy too.
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vote trump
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I dont see the brick and morter stores that busy
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