Sunday, September 29, 2024

"Peter Schiff: The Middle Class is Broke"

Full screen recommended.
LifeWorthLiving, 9/29/24
"Peter Schiff: The Middle Class is Broke"
"Peter Schiff deep dives into the current economic landscape. He shares his expert insights on the looming dollar crisis, hyperinflation, and the Federal Reserve's policies that may be steering the economy towards a meltdown."
Comments here:
o
Full screen recommended.
Freenvesting, 9/29/24
"What's Coming Is WORSE Than A Recession"
Comments here:
o
"When people pile up debts they will find difficult and perhaps even impossible to repay, they are saying several things at once. They are obviously saying that they want more than they can immediately afford. They are saying, less obviously, that their present wants are so important that, to satisfy them, it is worth some future difficulty. But in making that bargain they are implying that when the future difficulty arrives, they’ll figure it out. They don’t always do that.” 
– Michael Lewis, “Boomerang”

No comments:

Post a Comment