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Peter Schiff: Americans must prepare for deepening unemployment, inflation and possible breadlines



Uploaded by: RussiaToday
Video Description:
Rockstar Economist Peter Schiff tells RT's Marina Portnaya that Lehman Brothers failure was a success not a failure. He says Americans will face increasing unemployment, inflation, and possible bread-lines if government backed bail-outs continue.


Tags for this video: Peter Schiff money economic meltdown economic collapse crisis credit crunch unemployment bread lines price controls recession depression Lehman Brothers Schiff for Senate Gold Marina Portnaya RT Russia Today EuroPacific Capital

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You want to know ... ( 2 months ago by richterarrau1983)
You want to know how bad it is... The Russians do a better job at covering our problems in the news than we do. When the economy completely falls apart the media will find a way to pretend like it is not happening. Pathetic.
me like Marina. ( 2 months ago by HackerMode11)
me like Marina.
@edthewave Russian ... ( 2 months ago by DeathBalance6)
@edthewave Russian women are #1
No more politicians. ( 2 months ago by SIGN666)
No more politicians.
THE IDEA IS GOOD TO ... ( 1 month ago by TheFreedomly)
THE IDEA IS GOOD TO INVEST MONEY IN GOLD, COPPER, SILVER AND SO ON, BUT THIS IS CONSIDERED A SAVING ACCOUNT NOW THE PROBLEM IS THA PEOPLE NEED MONEY RIGHTAWAY TO SPEND IN ESSENTIAL PRODUCTS.
i had no idea Peter ... ( 1 month ago by jaralodo33)
i had no idea Peter Schiff had reached rockstar status in Russia. hopefully he makes senator status in the US
@gigiontube and ... ( 1 month ago by mrchekky)
@gigiontube and bullets
@edthewave dumb ... ( 1 month ago by kaosruin)
@edthewave dumb blonds on fox tho ;)
PLEASE DONT READ ... ( 1 month ago by madamerouge123)
PLEASE DONT READ THIS. YOU WILL GET KISSED ON THE NEAREST POSSIBLE FRIDAY BY THE LOVE OF YOUR LIFE. TOMORROW WILL BE THE BEST DAY OF YOUR LIFE. HOWEVER IF YOU DONT POST THIS COMMENT something bad will happen. NOW UV STARTED READIN DIS DUNT STOP THIS IS SO SCARY. SEND THIS TO 5 VIDEOS IN 143 MINUTES WHEN UR DONE PRESS F6 AND UR CRUSHES NAME WILL APPEAR ON THE SCREEN IN BIG LETTERS. THIS IS SO SCARY CAUSE IT ACTUALLY WORKS THIS ACTUALLY WORKS
This is depressing. ... ( 1 month ago by Sallyallie89)
This is depressing. I'm in college, paying thousands of dollars to get a degree, and this is what's happening? I may not even have a job after I graduate? Such BS.
It's not my fault. I wasn't able to vote until just very recently. I'm only 20.
"Nobody [in Senate] ... ( 1 month ago by bobbygnosis)
"Nobody [in Senate] understands basic economics."
I agree with that.
@Sallyallie89 ... ( 4 weeks ago by geor1717)
@Sallyallie89 what's sad is that your vote doesn't even matter..the presidents are puppets to a bigger structure that pull the strings
@geor1717 I ... ( 4 weeks ago by Sallyallie89)
@geor1717 I wouldn't disagree with you. This country is very corrupt.
@Sallyallie89 A lot ... ( 3 weeks ago by IcedEarth426)
@Sallyallie89 A lot of people just like yourself are graduating college and can't find a job outside of stocking shelves at WalMart or Target. We're being shut down and de-industrialized to the point where people can only get service jobs...which aren't career jobs. All of the jobs that have been lost are gone forever. They're not coming back. People need to start waking up and taking action against these crooks who have stolen all of our money and moved everything off shore for cheap labor.
@IcedEarth426 Well, ... ( 3 weeks ago by Sallyallie89)
@IcedEarth426 Well, this is exactly why I chose a job in the medical field. I'm only a year away from becoming a licensed dental hygienist. At least with dental hygiene they can't send that overseas. But even so I hear it's tough getting a full time job as a dental hygienist at least where I live anyway. Other areas I'm sure are fine.
quit supporting ... ( 2 weeks ago by broham776)
quit supporting wal-china
Chrysler paid the ... ( 2 weeks ago by Research0digo)
Chrysler paid the government money back - I wish they'd stop bring them up - people needed jobs sorely. Detroit and Flint are ghost towns now - everything's made overseas.
Why do they bailout ... ( 2 weeks ago by 73mandala)
Why do they bailout Goldman Sachs and the others but not Lehman Brothers, why is it ok to bailout 1 and not the other?
No, economist know ... ( 1 week ago by salbella50)
No, economist know what the hell they are takling about...we have thousands of these people...and these jackasses say eight million differant things on WHAT MIGHT!! happen in the job market or how it suppose to get you back to work...geek dumb asses...
Peter is right to ... ( 1 week ago by MrMrEinstein)
Peter is right to many laws to own a business
this is what the government wants. Bankers
control everything.States should separate
why should everyone suffer from there stupidity.
Capitalism is the ... ( 4 days ago by arzoyan)
Capitalism is the wage slavery of immense humanity in a politically manipulated,tyrannical MARKET MECHANISM of artificial scarcity to perpetuate the conditions of servitude and compliance in the interest of the OWNING/RULING CLASS. Capitalism in State dictatorship or Corporate Fascism modality is a monetary control,suppression and deception of the Working Class across the world. We need to reclaim our lives,our Planet for a world of cooperation for our common needs and well being.
@Research0digo They ... ( 2 days ago by lonedove1981)
@Research0digo They never paid back the full loan of 4 billion... they paid back around 2 billion but the Treasury Dept said that's more than expected to recover and then called it even.
California won't ... ( 1 day ago by thotkrime)
California won't leave the union, we need it for bail outs!! Thats whathappens when you live in a state full of star struck retards.
Capitalism is the ... ( 13 hours ago by arzoyan)
Capitalism is the wage slavery of immense humanity in a politically manipulated,tyrannical MARKET SYSTEM OF ARTIFICIAL SCARCITY to perpetuate servitude and exploitation in the interest of the ruling class. Capitalism as system of commodity production for the profit of the ruling class is historically oudated , a decomposing corpse suffocating humanity. We need to evolve ,sharing the Earth in cooperation for our common needs and wellbeing in harmony within and without. Capitalism is evil



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