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Peter Schiff: It’s Going to Be Horrific – February 5, 2009

Mac Slavo
February 6th, 2009
SHTFplan.com
Comments (3)
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Peter Schiff talks about the coming crisis, including food lines, economic collapse, inflation and how he is positioning his investors.

Part 1 of 3:

Part 2 of 3:

Part 3 of 3:

Author: Mac Slavo
Date: February 6th, 2009
Website: www.SHTFplan.com

Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.

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3 Comments...

  1. We'reSwcrewed says:
    February 9, 2009 at 1:55 pm

    Of course we’re going to have hyper inflation.  This isn’t about solving the problem, it’s about destroying the current global currency to replace it with a new one while also forcing a realignment of sovergnties.  If you think we want to fix this, then explain why the obamassiah is paying to import terrorists from hamas, and why no government will close the border to mexico which has the ability to collapse the US, but instead supplies military equipment to the drug cartels.

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  2. Mac Slavo says:
    February 9, 2009 at 2:10 pm

    Agreed — if they wanted to fix the economic problems occuring in this country (and the world) they would have left everything to the free market to correct.

    If we want to stop illegal immigration or are really concerned with homeland security, then we’d have closed our borders, especially the Southern one, right after 9/11.

    I sure hope we don’t have hyperinflation — but i don’t see how we can avoid serious devaluation of the US dollar considering we’ve bailed out failing companies to the tune of about $9 Trillion thus far!

    mac

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  3. Jim Rogers: Worst Economic Times Since the 1930's says:
    February 26, 2009 at 9:36 pm

    [...] in our life time. Even Peter Schiff, who has generally stayed away from making dire predictions seems to be in agreement. It is difficult to imagine how we can pull out of this mess by the end of the year when we [...]

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