Preps and Solutions
(Sponsored Ads)
Silver
Strategic Relocation
Recently Posted Articles and Videos
Ready Nutrition - Homesteading and Preparedness
Ready Gardens - A Ready Nutrition Company
The Daily Sheeple
The Prepper Website
SGT Report
SGT Report
top Prepper Web Sites
Featured Destinations
The Liberty Mill
Web Destinations

Clarocet for Kids
Silver

Peter Schiff: We’re on the Road to Inflationary Depression

Mac Slavo
April 20th, 2009
SHTFplan.com
Read by 75 people

Peter Schiff and guests on The Kudlow Report, April 17 2009. A variety of viewpoints from guests that suggest the economy has hit a generational bottom and is en route to recovery, to Schiff, who believes there is more pain to come.

 We haven’t turned any corners yet. Unfortunately we’re still headed in the same wrong direction. We’re continuing to go deeper into debt, we’re subsidizing bad behavior, we’re bailing out companies that should fail, government is growing like a cancer, and more importantly, as Don said, we’re abandoning free market principals…We’re goosestepping down the road to serfdom.

I think it’s a combination of 70’s and 30’s. That’s why i’ve been talking about an inflationary depression. That’s what I think is coming.

While we may have experienced a market rally over the last 6 weeks, it seems that all of the underlying economic indicators are suggesting that this is a false-flag recovery and no such “turning of the corner” has actually happened.

Watch Peter Schiff on CNBC april 16, 2009 (Part 1 of 3):

Watch Peter Schiff on CNBC april 16, 2009 (Part 2 of 3):

Watch Peter Schiff on CNBC april 16, 2009 (Part 3 of 3):

Click here to subscribe: Join over one million monthly readers and receive breaking news, strategies, ideas and commentary.
Gas Masks, Filters, Body Suits, Anti Radiation Pills
Please Spread The Word And Share This Post

Author: Mac Slavo
Views: Read by 75 people
Date: April 20th, 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.

 

Web Design and Content Copyright 2007 - 2015 SHTF Plan - When It Hits The Fan, Don't Say We Didn't Warn You - All Rights Reserved

Our Supercharged Intel Xeon E5-2620 v4 Octo-Core Dual Servers are Powered By Liquid Web

Dedicated IP Address: 69.167.174.108

The content on this site is provided as general information only. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a financial interest in any company or advertiser referenced. Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader.

SHTFplan is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.