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2006 Credit Crunch Warning

In 2006 this guy warns of the credit crunch to come. People laugh at him.

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15 Comments

Current View: 15 / Show all Comments

Mungo9000 : LVL 35: VP 4.3: said:

Mungo9000

40 votes NegativePositive

364 days 3 hours ago...

According to Wikipedia, this guy is Ron Paul`s economic advisor.
http://en.wikipedia.org/wiki/Peter_Schiff

He has a weekly radio show and podcast that`s pretty good, especially the second half call in Q&A. Check it out here:
http://www.europac.net/radioshow.asp

velocity73R : LVL 38: VP 4.6: said:

velocity73R

37 votes NegativePositive

364 days 3 hours ago...

I`ve been following Peter`s advice for almost a 1 1/2 year`s now, and I`ve made a nice profit in Gold and Silver...If you have an IQ, higher than room temperature, I suggest you start listning to guy`s like this, and turn off the talking head`s...

jiffyjaffa : LVL 35: VP 4.3: said:

jiffyjaffa

39 votes NegativePositive

364 days 1 hour ago...

I`d love to know what those douchebag who laughed at him are saying now....

Oh and nice to see ben stien was wrong yet again... LOL for ` buy merrill lynch and goldman sachs`.

dilated : LVL 34: VP 4.2: said:

dilated

30 votes NegativePositive

364 days ago...

wow, this guy knows whats up!
ps: does ben stein think people take him seriously?

Fubumaki : LVL 33: VP 4.2: said:

Fubumaki

42 votes NegativePositive

363 days 22 hours ago...

who else here hopes that the douche bag at 3:45 loses all his money.

x60sec-Assassinx : LVL 21: VP 3: said:

x60sec-Assassinx

3 votes NegativePositive

363 days 16 hours ago...

Ben should just go back to "For dry,red eyes try clear eyes its..."what ever the fuck else he says. Yeah were in an economical bitch, I just finished football season and its tough trying to find a part time fucking job.

teheasterferret : LVL 31: VP 4: said:

teheasterferret

15 votes NegativePositive

362 days 19 hours ago...

who`s having the laugh now, laffer?

Glubok : LVL 25: VP 3.4: said:

Glubok

14 votes NegativePositive

362 days 19 hours ago...

Those douchebag who laughed at him must do the same thing right now. This is not the crisis for everyone. Only for those at the base of the pyramid.
This crisis is a huge opportunity for investors, buyers (top of the pyramid), and so on... those douchebag may be part of them and it was their interest to make believe everyone that there`s no crisis coming.
Now in Europe and America, states have helped banks, so, it`s always the same thing. Top of the pyramid is safe, and rest will struggle. It`s a very good year for those who have not to borrow for a living.
Peace.

deviant1 : LVL 38: VP 4.6: said:

deviant1

32 votes NegativePositive

362 days 18 hours ago...

totally unprofessional for the other guests to laugh at him.
im disgusted by their childish behaviour. i guess they learned the hard way that listening to other people`s opinions is not that bad.

Omeko : LVL 39: VP 4.7: said:

Omeko

23 votes NegativePositive

362 days 18 hours ago...

The pricks who laughed at Pete should now
get on their knees and start sucking Pete`s slong.
Deep throat....and nothing less.

evergrim : LVL 40: VP 4.8: said:2007 Winner

evergrim

5 votes NegativePositive

362 days 18 hours ago...

The guy at 4:10 reminds me of that creepy guy from the Mask who is like a psychiatrist talking about masks.

Godsim : LVL 46: VP 5: said:

Godsim

3 votes NegativePositive

362 days 18 hours ago...

Didn`t we learn ANYTHING from Emmerich`s movies???

The crazy guys are always right!

k96gnome : LVL 34: VP 4.2: said:

k96gnome

3 votes NegativePositive

362 days 16 hours ago...

Evergrim^ That`s because he is that guy.

redpablo : LVL 29: VP 3.8: said:

redpablo

14 votes NegativePositive

362 days 15 hours ago...

Noo Peter! You lie! Put me back in my wonderland! Back when my house was worth more than what i owe!!!

Someone put me back in the matrix PLEASE!!!!

RicKJameZ : LVL 33: VP 4.2: said:

RicKJameZ

4 votes NegativePositive

362 days 15 hours ago...

this guy must be a billionaire

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