$20 Trillion: U.S. Debt Crisis | Peter Schiff and Stefan Molyneux
MP3: http://www.fdrpodcasts.com/#/3825/20-trillion-us-debt-crisis-peter-schiff-and-stefan-molyneux
Soundcloud: https://soundcloud.com/stefan-molyneux/fdr-3825-20-trillion-us-debt-crisis-peter-schiff-and-stefan-molyneux
Why are so many people upset about plans to raise and remove the United States debt ceiling and why was it created in the first place? Peter Schiff joins Stefan Molyneux to discuss the history of the debt ceiling, the consequences of eliminating it, shocking U.S. debt interest payments, the U.S. dollar losing 12% of it's value since the start of the year, outrage over price gouging during the recent hurricanes, the value of a college degree and America's economic future.
Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, the host of the Peter Schiff Show Podcast, the CEO of Euro Pacific Capital and the Chairmain of Schiff Gold.
Schiff Gold: http://schiffgold.com
Schiff Radio: http://www.schiffradio.com
Euro Pacific Capital: http://www.europac.com
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Its a huge punzi scheme, true... Peter Schiff is still not understanding the idea of crypto currencies?
Stefan, I suggest you tell him to study Steem/Bitshares, as the next 1000x coins in crypto.
Keep it up :)
Steem on!
Lasse Ehlers
Stefan, you two, Peter, make a great combination of common sense and thoughts related to the future. One day this system will fail, and we need a direction on what we can do to protect our families from the collapse, RESET !!!