Monday, April 24, 2017

Dire implications for the US Dollar which is built on the foundation of the overvalued Dollar



Peter Schiff is a smart investor and author of several best selling books. He correctly predicted the economic meltdown of 2008 - 2009

Friday, April 21, 2017

The piper eventually gets paid

Trump doesn’t want to preside over a major decline in our standard of living, but ultimately that has to happen. Because this is the consequence of all this excess consumption that went on before he was president. You know, we sacrificed our future to indulge our past. The future is now the present. We’re here, and it’s time to pay the piper.


Peter Schiff is a smart investor and author of several best selling books. He correctly predicted the economic meltdown of 2008 - 2009

Wednesday, April 19, 2017

Donald Trump disappointing a lot of his voters


Donald Trump should already be disappointing a lot of people who thought we were going to get change, we were going to make America great again. We didn’t repeal Obamacare, that’s here to stay. Major tax reform is dead. We’re dropping bombs.

I mean it’s the same old same old right? Big government… bigger deficits… more cheap money… keep the air in the bubble. We’re headed for a major major crisis.

Peter Schiff is a smart investor and author of several best selling books. He correctly predicted the economic meltdown of 2008 - 2009

Tuesday, April 18, 2017

The US Dollar's days are numbered

The dollar is living on borrowed time, literally. And so we just don’t know. It’s like a bomb with a fuse, but we just don’t really know how long the fuse is. The dollar, I think is in a major bubble. I think it is in the process of topping out. I think once it completes this top it’s going down. And I think it’s going to take out the lows from 2008…

…I think it’s going to go down for the count. Because the last time, what saved the dollar was the financial crisis, and that crisis resulted in everybody buying the dollar. But I think the next crisis is not going to be the same crisis that we had in 08. I think the dollar is going to be the crisis. I don’t think it’s going to be a bread and butter financial crisis.

This is going to be a currency crisis. So it’s going to be the US government. It’s not going to be the mortgage markets that’s blowing up. It’s going to be the treasury bond market that’s blowing up. It’s going to be the Federal Reserve that’s blowing up. And this is going to be a major major negative for the dollar, not a positive.

Tuesday, April 11, 2017

Robots putting people out of work has happened in the past and will happen in the future





Peter Schiff is a smart investor and author of several best selling books. He correctly predicted the economic meltdown of 2008 - 2009


Friday, April 7, 2017

The Fed raises rates, but it may be too late for skyrocketing consumer price

Price are rising, but their incomes aren't. People aren't spending money because the economy is weak. 



Wednesday, April 5, 2017

Why healthy people buy health insurance

If insurance companies can’t discriminate against buyers with pre-existing conditions they're no longer in the business of selling insurance. The ability to deny coverage to people with pre-existing conditions is integral to health insurance and the only reason that it’s available!

The only reason healthy people buy health insurance is because insurance companies can deny them coverage based on pre-existing conditions.

Sunday, April 2, 2017

The nation seems to be divided on Healthcare


The president angered everyone this week: from his failed healthcare bill to sweeping environmental protection cuts.

Instead of giving the free market control of health care, we are left with an even more broken Obamacare. Americans are left with a stripped ACA that hurts businesses, yet has no teeth to keep premiums from rising quickly. As Trump is not enforcing penalties for not buying health insurance, premiums will rise even faster as more health people drop coverage!

It's better to let #Obamacare collapse on its own than to replace it with a Republican rebrand that will eventually suffer the same fate!

Peter Schiff is a smart investor and author of several best selling books. He correctly predicted the economic meltdown of 2008 - 2009

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