ushoys wrote:I watched the whole thing and Schiff did not mention Peak Oil or energy supply at all. As good as his presentation was, the woes and future he described (primarily with regard to the US housing market, national debt and lack of American manufacturing capability), do not take into account Peak Oil. This makes our prospects even grimmer than Schiff's pessimism indicated here.
Overman wrote:Hated it
Yeah! no PO? WTF?!
Nostrodumbass? pffft!
I want my 9 minutes 59 seconds back please
Armageddon wrote:His field is economics. You can't fault him for not understanding PO.
ushoys wrote:How could he "not know about Peak Oil"? He's an economist that runs an investment company for heaven's sake!
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