Peter Schiff is trying to be a Christmas Grinch and get worried about the power of the dollar. Schiff says the Fed has created this immense bubble and that there will be layoffs all over the retail sector as the American public is debted out and will not be able to buy any Christmas presents this year. First of all there are too many brick and mortar stores as people buy through the internet about half of the time. Schiff is always an economic naysaying son of a bitch because he hates it that the fed prints money out to maintain social services for the poor as this is a fucker who wants to only see government spending to help and back jackasses like hi in the financial services and speculating industry.
Peter Schiff is also likely a jagoff mad that Starbucks doesn't have snowmen cartoons that look like himself on their cups anymore and wants to see a horrible Christmas for everyone. Schiff says that people are not going to be able to buy the products they make and whether he meant the Chinese or Americans I didn't get an understanding. Perhaps a less consumption appetite for people during Christmas time is a good thing that Schiff will never realize. Advertisers have long hijacked holidays and attempted to turn them into a coaxed consumption debt necessity to help bring the bottom line of yearly sluggish sales. Schiff likely doesn't believe half the shit he says and pretty much just wants to remain a highly sought after guest from everything from mainstream business channels to jackass internet programs such as Alex Jones and Greg Hunter's pathetic USA Watchdog. This guy knows and can predict the economy like a midget can ride a rodeo. If Peter Schiff wasn't so greedy for god damn gold he would be bitching about a war on Christmas instead of predicting a bad economic one.
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