Schiff Happens - Is The Real Crash Yet to Come?

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

The Real Estate Guys

Robertkiyosaki, Realestateinvestors, Realestateguys, Realestateinvesting, Syndication, Investors, Richdad, Realestateguysradio, Business, Investing, Realestate

4.7 • 696 Ratings

🗓️ 4 June 2012

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Peter Schiff is our guest for this episode. In his 3rd appearance on The Real Estate Guys radio show, Schiff tells us about his latest book, "The Real Crash - America’s Coming Bankruptcy". Scary title (and you thought the Mayan calendar thing was alarming)! But remember: In his 2006 book, "Crash Proof" Peter Schiff was right about the mortgage meltdown. So this time we're all ears. In this interview, Peter reminds us that in his follow up book, "Crash Proof 2.0", he also predicted how the Fed and the government would react to the mortgage meltdown: with massive stimulus (a.k.a. printing currency). Once again, Peter Schiff was right. In "The Real Crash - America’s Coming Bankruptcy", Peter Schiff warns that the ultimate crash will be caused by the ultimate bubble: government bonds and the U.S. dollar. Now he may or may not be right this time, but we're sure you’ll want to hear what he has to say. The good news is that according to Peter, there are things you can do right now to protect yourself. Curious? Then tune in and make some Schiff happen to you! The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed. Learn more and subscribe to the free newsletter at www.realestateguysradio.com

Transcript

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0:00.0	Welcome to the Real Estate Guys radio program. Today on the show, we're talking about the coming crash. Is there still more to come? Our guest today, Peter Schiff, on the Real Estate Guys radio program.
0:17.1	Tom Wilson escaped the Silicon Valley Rat Race to become a full-time real estate investor with over 200 rental units in less than 10 years.
0:27.6	Discover how he did it in his free special report, Fortunate Choice, from high tech to the heart of Texas.
0:35.1	Send your email request to Fortune at real estategu GuysRadio.com or visit the special report
0:41.8	section under the resources tab at Real Estate GuysRadio.com.
0:46.5	Find out how Tom got out of the rat race and how you can too.
0:50.6	Send an email to Fortune at Real Estateateguysradio.com.
0:57.1	Welcome to the Real Estate Guys Radio program.
0:59.5	I'm your host, Robert Helms.
1:01.0	With me, as usual, it's the co-host Financial Strategist, Russell Gray.
1:04.8	Hey, Robert.
1:05.4	How you doing?
1:06.1	Awesome.
1:06.8	We have a great show for you today.
1:08.7	It's not really an uplifting topic, but we're having fun getting around. And, of course, all through the month of May, we were traveling the globe. And it hasn't really stopped. We are back in Las Vegas, Nevada. us many times and he's always entertaining, but Peter's got a brand new book coming out that
1:28.1	really has us all a little bit concerned.
1:30.4	You know, he was one of the few guys who really called the crash.
1:33.7	I mean, when you look out there at the people who said the sky was falling, there were lots of
1:38.2	them.
1:38.4	But as far as the folks who predicted exactly what would happen and why, he's one of the few.
1:43.8	Well, you know, the thing I love about him is that he keeps the economic principles very simple, and he follows them.
1:50.0	And he says, you know, if this, then that, it's logical.
	...

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