The SuperHeroHype Forums  

Go Back   The SuperHeroHype Forums > SHH Community > Politics

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 04-12-2013, 07:01 AM   #9
Fenrir
Devourer Of Gods
 
Fenrir's Avatar
 
Join Date: Aug 2006
Location: Sheffield
Posts: 4,761
Default Re: Discussion: The Economy, Fiscal Cliff, National Debt, And Other Financial Issues

Quote:
Originally Posted by enterthemadness View Post
Err..

Peter 'Smart' Schiff: We heading towards new crisis.

VIDEO-CLick to Watch!:


Someone needs to spin it or say it: Dear 20 soemthings still living at home...get used to it. Sincerely, Washington D.C.
I've been following Peter Schiff for more than three years now and I think he is overly bullish on gold. His 'street-cred' has skyrocketed because a lot of the stuff he says makes sense to the layman (which is good), but it is also often oversimplified (which is bad). Gold standard proponents make some very good points, but they always (oh so conveniently) forget to mention in their pitches that it simply can't be reinstated without a massive restructuring and overhaul of the global financial system. Otherwise, you are going to end up with many of the same problems that forced industrialised nations to abandon it in the first place.

As for heading towards a new crisis, it has pretty much become like a lottery now. Just take a look at any country with an overleveraged economy and/or a super-bloated banking/financial sector and then go place your bets.

__________________
Fenrir is offline  
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 05:31 PM.

monitoring_string = "dee460792f24517621e3ca080805de7e"
Contact Us - Mobile - SuperHeroHype - ComingSoon.net - Shock Till You Drop - Lost Password - Clear Cookies - Archive - Privacy Statement - Terms of Service - Top - AdChoices


Powered by vBulletin®
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
SuperHeroHype.com is a property of CraveOnline Media, LLC, an Evolve Media, LLC company. ©2014 All Rights Reserved.