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 Message Boards » » Peter Schiff: Another Day in a Life of Fail Page 1 [2], Prev  
Kris
All American
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Quote :
"The FDIC is bankrupt.

The government is bankrupt."


How can the government run out of money that it makes? Unless the government runs out of ink and paper, they'll never owe too many american dollars.

Quote :
"The banks were bankrupt and likely still are."


Thier Debt/Equity ratio must be wrong, or they are lying, or you are wrong. Which of those seems most likely?

Here's a good question for you, is the debt to GDP ratio right now they highest it's ever been?

8/17/2010 9:46:32 AM

d357r0y3r
Jimmies: Unrustled
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Quote :
"How can the government run out of money that it makes? Unless the government runs out of ink and paper, they'll never owe too many american dollars."


Zimbabwe never ran out of money, either.

8/17/2010 11:18:46 AM

Kris
All American
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if consumer prices start rising drastically you might have a point

8/17/2010 11:28:53 AM

 Message Boards » The Soap Box » Peter Schiff: Another Day in a Life of Fail Page 1 [2], Prev  
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