Peter Schiff on housing bubble- scary stuff

[Ironslave]

 

[Ironslave]

Today, on Glenn Beck

Pretty frightening when he talks about the Bank of America buying out Merrill, just to make it so big that if they collapse, they will need to get bailed out by the Fed as well.

 

[Ironslave]

"Ultimately the solution for the rest of the world is to stop lending us money, let the dollar collapse, let the US economy implode, and the rest of the world just goes about its business."

 

[Mygeeto]

i cant wait for that to happen, the old fassioned, full on economy collapse with the usual depression that follows.

 

[pegasus]

Today, on Glenn Beck

Pretty frightening when he talks about the Bank of America buying out Merrill, just to make it so big that if they collapse, they will need to get bailed out by the Fed as well.

maybe the whole idea of the american union is based on the same principle!

 

[Braaq]

If only we had Ron Paul as president, or that the rest of the government people of America listened to him we would not be in this situation. Way to go with your ignorance America , thanks for shit economy you left me and my future children.

 

[Tech]

If only we had Ron Paul as president, or that the rest of the government people of America listened to him we would not be in this situation. Way to go with your ignorance America , thanks for shit economy you left me and my future children.