• If you are having problems logging in please use the Contact Us in the lower right hand corner of the forum page for assistance.

peter schiff

Steve

Well-known member
“So, when interest rates go up because the world realizes we have too much debt relative to the size of our economy, consumers can’t spend anymore, and now the economy collapses in size and the debt balloons . . . This is a huge, huge crisis. The question is: When is it going to come to a head? I think it’s a lot sooner than anybody thinks” Schiff predicts, “It’s going to be harder and harder for the U.S. government to borrow money from abroad which means the Fed is not going to be tapering. They’re going to print more and more money to buy the bonds nobody else wants. That means the inflation numbers are going to get bigger, and the government is going to have to lie even more.”

The only reason this system hasn’t collapsed up to this point is because our parents and grandparents built it so well, and the money printing that has gone on. Make no mistake, the reset is coming. There is simply no way out of this debt bubble. The globalist have been planning for it for quite some time, and the progressives that are in our Government are doing everything they can to make sure it happens. Make no mistake “CHANGE” has come

I am not sure how this will end,.. or when..

we tied ourselves and most of the world to a petrol dollar.. and recently with independence in sight through abundant coal, natural gas and oil.. that might have turned out to be a huge windfall for US again,.. instead we only to see Obama slam on the brakes so hard and try to push US over to Chinese built wind-farms..

but what is China building.. coal plants.. lots of them...

we could have dug our way out of this mess several years ago but instead of investing in real energy,.. the Obama administration invested in solar and big banks...

I just hope he has all his cash in one of them when they go bust again...
 
Top