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All negative answers from Schiffbots and other ignorant right wing clowns will be summarily erased.
No wonder he thinks North Korea is a great place to invest. What a loon.
Well, if you look at it just from the perspective of his clients - he's 100% right. There was no recovery for his clients since he lost almost all their money and if you are stupid enough to be his client, there wouldn't be anyone stupid enough to hire you.
Greg must have been wetting himself every day since 2008.
Tepid growth except in specific industry sectors, compounded by lack of government spending - welcome to the 1st lost decade, USA.
Special thanks to zsylvana for sending us this link.
Nice triple whammy on your citizens, Greece (and no, you shouldn't have listened to king clown Peter Schiff - should have lynched him as soon as he appeared on your doorstep).
A lot of hot massaging going on here.
Not an authentic currency... go find the missing $425m yourselves, suckers. Pwned. Now go stick your money into the next big thing - Maxcoin - so that the Keiser can buy himself a lifetime supply of bath salts.
Finally a normal sane guest on this show.
Special thanks to Alax Jones for sending us this link.
Maybe he should start a Clowncoin.....
"Alternative economics" - hahahaha. Love how he pretends to be in deep analysis after Greg Hunter asks him a question and then just pulls some random fictionalized figure out of his derriere.
Another clown who likes to spread his ignorance around instead of keeping it to himself - where it belongs.
Free market - always works to perfection. Remember after losing your $320K, you can always sue the company and create so much negative publicity for them in the free market that no one else will use them.... and they will go bankrupt.... Oh wait, they are bankrupt.....:(
Looks more like some crayon doodles from a 3 year old.
This guy is obviously on drugs - literally.
Much much better interview - still confused about deflation though.
This was quite funny - even for a Fox Business interview.
Father of the modern day tea-bagging crazies.
Nice try, teabagger Karl except that:
A more likely explanation is that they have an outstanding healthcare system that provides easy and affordable access for the entire population and that covers medical, dental, and prescription drug needs. No one in Japan goes bankrupt due to high health care costs, nor is anyone denied insurance due to pre-existing conditions or denied a claim. If you lose your job or simply cannot afford to pay the monthly healthcare premium, which is normally under $300 for the average family, the government pays. Out-of-pocket expenses are low and the poor and elderly receive significant government subsidies to ensure that they can afford care.
The Japanese use a universal healthcare insurance scheme that requires participation (like the Obama program) and has several different methods by which insurance is delivered depending upon whether one is self-employed or employed by a company or government entity. For those who are employed by corporations, payroll taxes paid by both employees and employers support the program, while the self-employed pay premiums adjusted to income levels. In 2000, the system was expanded to include long-term care insurance, which is mandatory for all persons over the age of 40 and involves an additional premium payment beyond the national health insurance plan. This program provides various types of care, such as nursing home stays, home-helper services, permanent residence in Alzheimer group homes, participation in day-care centers, and general long-term care for age-related illness that lead to immobility.
They took this poll from the safety of their reinforced underground bunker while eating cat food?
This is the wasteland 30 years of right-wing trickle down garbage advocated by idiots like Peter Schiff has turned the US into. In the US, they would take the idea discussed in the call, pay McK $5m to evaluate whether its a good idea (and have them de-risk subsequent management decisions), freeze worker pay and slash their benefits to counter the costs of implementation and pay management a few million extra in stock options for their efforts in the initiative.
You can thank Obama and his administration for cutting back public spending while doing nothing in terms of structural reform.
2 clowns massaging each other in a clown tent.
These CNBC Europe anchors did the most stupid thing possible.... try to have a rational discussion with a fundamentalist lunatic. Learn your lesson and pound him the next time he comes onto your show - and for Pete's sake - don't invite him to a segment called "Strategic Thinking".
So, if the next month gold prices fall, then a lot of people relapsed into being zombies? What a clown - and obviously very drunk when he did this interview. We thought his cult followers warned him about not to appear drunk on broadcasts - but we guess the bottle and his stupidity won at the end of the day.
Petey should just legally change his first name to 'Moron' - that way it would be far more efficient for people to address him using his name, title and descriptor at the same time.
At least George Selgin separated out price decreases from technological advancement or productivity gains - this idiot thinks it's all the same.
Apparently, the only useful thing he has ever done in his life is expose Peter Schiff for the charlatan that he is.
In the tradition of Fox News....
Seems like she watched too much Arnold while having her brain wired to an electric socket.
This guy has some nerve preaching this gloom and doom BS. Reaganomics is the most genocidal economic policy in the history of mankind and is the main reason for the wealth inequality in the US today.
As if he hasn't lost enough of their money yet..
Some of the stuff which comes out of the faculty at US universities nowadays is appalling. Firstly, you have to compare apples to apples when you are measuring inflation or deflation. Products like computers or a cellphones where prices drop due to technological advancements should not be used as examples of 'deflation' as it is not an apples to apples comparison. This is why the US included hedonics and other methodologies to model the increase in utility and 'bang for the buck' the buyer is getting together with the lower price. These models are subjective by nature and should only be used for indicative purposes.
You have to wonder who is the bigger clown here - Dennis the Worm or Jimbo the Senile?
What a clown - and so delusional you would wonder what and what quantum of drugs he has been taking.
Ok Jim....good story.... except that China is the biggest moneyprinter in the world....
So, wrong move for you to move to Asia Jimmy... but hey we found a place with negative M1 for you - this country shrank it's money supply by 2.9% in 2011 and 2.8% in 2012... it must be doing great, right?
So according to our resident genius, XXX films should have educational content for children.
What a loser, whines for hours about being set up by a comedy show - Petey we got some fair and balanced news for you - you were invited onto a satirical comedy show to be a clown (because you are a clown) and you performed exactly according to the script.
Wow this highlights exactly why this guy is the biggest clown on the planet today.
For this dumbski and all other numbskull right wing ideologues reading this (and claiming the interview was a "hatchet job"), learn how to read the words "COMEDYCENTRAL" and grow enough brain cells to realize that the Daily Show is a satirical comedy show.
Only one word to sum this up: P-A-T-H-E-T-I-C