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Leeb is a dip shit. I am still waiting for some "expert" to debunk Peter's logic... it hasn't happened.
You know, and these anchors... starting out by crediting Leeb for "predicting" the re-fi boom... when interest rates have been cut through the floor... what idiots. Peter was set up, and these three were just trying to get invited to the next Obama staffer cocktail party.
Leeb is a clown.
Ow sweet god. Not that idiot againnnnnn!!! CNN get someone better to debate Peter!!!
The problem lies in th fact that most newsworthy commentators (unlike CNN) do not allow someone to talk over someone else. Each side gets time to weigh in. It is evident that these 2 clowns at CNN do allow this kind of insanity. Schiff's arguments in the past have proven Loeb dead wrong. It was even brought to Loeb's attention (Bill Maher Show) that Peter has blown Loeb out of the water before. Loeb did not think much of that. You would think that he would be smart enough not to argue with Peter, but alas, socialists like arguments.
this guy just can't debate. even if his opinion was the best ever, how did this guy get on TV?
Why does Peter continue to go on these shows and take this crap? I would've gone Michael Douglas (Falling Down) on these morons by now.
Thank the lord that Peter still goes on shows like this. How would we hear from him if we don't have CNBC, CNN and FOX BUSINESS?
Now that he has established the central themes, I would be interested to hear Peter broaden the discussion to include his opinions on likely effects and outcomes of the current stimulus approach on economies outside of the US. There is so much more he could discuss, and I would love to hear that analysis.There are a very great many of us non US citizens who agree with his analysis re the US dollar etc, however our choices on what to do with our money are somewhat complicated by the journey our own currencies will take relative to the US dollar when the SHTF.Try as I might, the purchasing power of my Australian dollars are thwarted every time gold dips, simply because of the US/AUD relationship.
I wish Peter had pointed out to Leeb that somehow the US got out of recessions in the 19th century without massive government fiscal & monetary intervention - in fact, he could have flipped the question around on him. How is it that we ever got out of recessions in the 19th century when there was neither a federal income tax or a Fed?
Peter needs to start addressing the imminent need to abolish the privately owned Federal Reserve and all Central Banks globally rather than getting into these senseless repartes that entertain the shills working the programs as well as the owners that put him on. This garbage only detracts from his message and credibility except for those that closely follow him.
"I would be interested to hear Peter broaden the discussion to include his opinions on likely effects and outcomes of the current stimulus approach on economies outside of the US."Peter has been a big believer in decoupling; that eventually, and hopefully soon, the rest of the world will realize that they have been carrying the US and will stop doing that. That once free of the drag caused by the US economy, the rest of the world will do just fine. I hope I am doing his positions justice, but if you head over to europac dot net, you can read it for yourself. He also spends a lot of time on this in his recent books.I know he is very positive about the AUD and the CAD, as well as Malysia and Hong Kong.
To the blog maintainer, as an RSS subscriber I would appreciate post titles indicating the show and/or the other commentator(s). Thanks for running this blog.
Two points. One Peter needs to ask Mr Loeb when he asserts ww2 brought us out of the depression if his advide is to start ww3? Two, how is it we can thwart an impending authoritarian central government brought to power by an economic emergency by giving more power to a central government during an economic emergency?
Nice blog, been looking for something like this... saves me a lot of work!
Ready Peter's latest book...watched his solid defence against jerks like this......he has not wavered in his message or his fact base. These anchors are not hearing what they want so they set him (Peter) up with a loudmouth adversary to discredit him....nice try thwarting the commentary....anyone with a brain can hopefully add all this up and act accordingly.Great other post BTW
CNN is completely terrible these days. They are totally mainstream, not different from the others at all. They have nothing creative to contribute. This is just MSM doing what they do best, entertain, not inform. I feel embarrassed for all those working at places like CNN and think they are actually something or have "made it". Get a real job.