Filed under: Peter Schiff , Peter Schiff
External Blogs
- Britain Plans to Phase Out the Paper Check December 17, 2009
- If You Do It, Youre in Jail December 17, 2009
- Ron Paul on Larry King December 17, 2009
- The Last Time a Fed Head Was on a Time Cover December 17, 2009
- Ron Paul on the Cavuto Show December 17, 2009
- The Most Hawkish Man in the Blogosphere December 17, 2009
- This product is not intended for use in homes with children December 17, 2009
- Ben Bernanke, Hugh Johnson and US Corporatist Central Planning December 17, 2009
- Time To Rethink AIDS December 17, 2009
- The Latest Problem for Dollar Hegemony December 17, 2009
- Gold, Frankincense, and Myrrh December 17, 2009
- If the Currency Does Not Collapse December 17, 2009
- Public Unrest Predicted December 17, 2009
- Can Bernanke's Re-Coronation Be Blocked? December 17, 2009
- Obama, You Might Want To Read This Book December 17, 2009
- Saul vs. Paul December 17, 2009
- Waaah December 17, 2009
- The Most Powerful Man in the World December 17, 2009
- Austrians Win, Keynesians-Friedmanians Lose December 17, 2009
- People Who Look Younger December 17, 2009
Who knows why our creditors keep on buying our securities…maybe behind the doors there is something else going….who thinks that the oil reserves and the oil wealth are actually controlled by the sheiks…all of our creditors know that 14 trillion dollars is such a huge amount that no one can pay it….there is something much larger going beind the scenes…..
Tushar, its a ponzi scheme, they only way the central bank – in our case the fed, can keep the game going is to keep printing more money and trying sucker people into buying more debt. At some point the confidence will end and the game will be over.
Probably enforced Ponzi scheme…If someone comes to our house with a gun (nuclear arsenals) and begs what option do I have? I think we are entering a very dangerous phase of history…the implications of this ponzi scheme will be far wider than what Peter is making…UK and USA wont easily die…and the reason why it continued for so long is not the ignorance of the all the leaders but the involvement of all the leaders. I think the wealth was distributed amongst these leaders and powerful people after it was taken as a bailout from us. I don’t trust any politicians…We think they(dems and reps) are opposites but their ultimate desire is the same…power and money…