Replies to post #3605 on Adult Political Discussion

[dropdeadfred]

I didn't, he was one of the reasons I was on the Ron Paul side.

[poorgradstudent]

>Peter Schiff Was Right 2006 - 2007<

Mr. Schiff was right in respect to house prices, and was demonstrably not the only one.

Where I'm skeptical is his emphasis on the people borrowing to buy the homes. I think the magnitude of the decline is more related to the increased leverage that investment houses used to create securities based on the mortgages. I think that is where the real inflation (or faux creation) of value was introduced.

[quantumdot]

LOL at Arthur Laffer. What a complete joke.

[Rawnoc]

Being Wrong for Five Years Makes Peter Schiff Right Now?

http://seekingalpha.com/article/106824-being-wrong-for-five-years-makes-peter-schiff-right-now

"The problem? Here is Schiff in 2002: Schiff predicts Nasdaq 500 and Dow 4000"