PDA

View Full Version : Economics Peter Schiff: The crisis has just begun


rrl308
03-22-2009, 11:27 PM
<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/WPmdzKcDe-s&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/WPmdzKcDe-s&hl=en&fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object>


Hyperinflation here we come. :thumb:

SBK
03-22-2009, 11:37 PM
I read a book several years ago about a building in New York that a lot of really rich people live in. The beginning of the book talked about how banks were lending money for stock market speculation. I'm not going into much detail, but it was the exact same thing they just did with real estate speculation.

This whole mess mirrors the 1920's and 1930's so much it's spooky.