Thread: Peter Schiff: US lost ability to produce, can't live without debt

Peter Schiff: US lost ability to produce, can't live without debt

http://www.youtube.com/watch?v=ekfkCXoWe60

Published on Oct 20, 2013

Addicted to debt, moving from one quick fix to the next -- this is how the world sees America's debt ceiling saga. With its craving only temporarily satisfied, we're guaranteed to see a rerun of the debt tragicomedy in early 2014. Is it possible to break the vicious cycle, or is it a question of postponing the inevitable? To canvass these issues, Oksana is joined by 'Dr Doom' Peter Schiff, an investment broker who predicted the 2008 crisis.

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Category

News & Politics

License

Standard YouTube License

Capitalism Institute


Obama just said he wants to get rid of the debt ceiling:

http://www.capitalisminstitute.org/a...-debt-ceiling/

If we're going to get rid of anything, how about we start with him.