[Video] Peter Schiff: We Can't Solve Our Problems Without Going Over A Cliff

Peter Schiff: We Can't Solve Our Problems Without Going Over A Cliff
CNBC | December 26, 2012

http://www.youtube.com/watch?v=AlaarqTjWjE
http://youtu.be/AlaarqTjWjE

Good video.

Peter was too easy here.

It is funny that people act like if congress just compromises all of our problems could be solved or could be on the way to being solved. Net present value of our debt is over 50 trillion. We are toast! The big money is playing the game until it can no longer be played, but once it breaks, it will break fast. Fortunately for us other countries are giving us time. Time in which to get into gold.

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Originally Posted by cubical

Fortunately for us other countries are giving us time. Time in which to get into gold.

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Gold, weapons, ammo, food. This shit is going to get ugly. WWIII abroad. Riots and looting at home.

We will likely see a reinstitution of the draft.

Quote:

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Originally Posted by bxm042

Gold, weapons, ammo, food. This shit is going to get ugly. WWIII abroad. Riots and looting at home.

We will likely see a reinstitution of the draft.

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I doubt we will have a draft again while I am alive, but if we did and if I am eligible, assuming we didn't get attacked, I will either be in jail or in Canada.