Bailouts, stimulus packages, debt piled upon debt, where will it all end?
How did we get into a situation where there has never been more material wealth & productivity and yet everyone is in debt to bankers?
And now, all of a sudden, the bankers have no money and we the taxpayers, have to rescue them by going even further into debt!
Money as Debt II Explores the baffling, fraudulent and destructive arithmetic of the money system that holds us hostage to a forever growing DEBT...and how w might evolve beyond it into a new era.
federal reserve ron paul peter schiff alex jones economy hyperinflation inflation obama bush geithner bernanke greenspan campaign for liberty cnn fox news wall street stock market marc faber max keiser jim rogers cia wayne madsen new world order conspiracy depression recession bailout stimulus msnbc cnbc bloomberg russia today rand paul kudlow lou dobbs glenn beck olbermann maddow swine flu michael jackson
Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.