Sunday, September 18, 2011

Peter Schiff vs Jeremy Siegel Debate at Global Leadership Forum -- 2010

Peter Schiff vs Jeremy Siegel Debate at Global Leadership Forum -- 2010 : Always entertaining watching Peter break these guys down - Peter always makes perfect sense. Schiff's rebuttals and arguements were excellent! He speaks really well and comes up with his ideas so spontaneously. Even on all his financial news interviews, Schiff never hesitates to cite examples and facts to back up his ideas. Very impressive. I don't know how he keeps all that info right on the tip of his tongue. Schiff is coherent, knowledgeable, and positive in his argument, as is usually the vase when you speak the truth. What surprises me is how little understanding professor Siegel has of the problem and his very flimsy argument. I am sure the organizers did their best but really should have got a worthy opponent for Schiff. Although I presume not that many takers. Just give Peter the floor next time. Would be more educational! Well said Peter, wish there were more like you!!! One point I wish Peter should have pointed to Jeremy that the difference between Japan and China is 50 years ago, Japan exported to accumulate dollars because it was backed by gold.

when this disaster happens and everything starts to crash down around Washington's ears, THEN they will pull the WAR card and distract everyone by starting another world war... that is my FEAR! they will argue that the War-Effort is now suddenly employing millions and millions of people in the US as well as all the other countries that are involved in the war..... they reduce the population, and reduce the joblessness and artificially beef up the economy.... I hope and Pray that I am wrong!

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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.