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The Peter Schiff Show Podcast

The US Isn't Japan, It's Argentina - Ep 927

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, Business News, Investing, News

4.75.8K Ratings

🗓️ 27 October 2023

⏱️ 59 minutes

🧾️ Download transcript

Summary

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Transcript

Click on a timestamp to play from that location

0:00.0

Today's podcast is sponsored by Shopify.

0:11.2

Shopify is a platform designed for anyone to sell anywhere, giving entrepreneurs like

0:15.7

myself the resources once reserved for just big business.

0:19.6

Sign up for a $1 per month trial at Shopify.com slash gold all lower case.

0:25.5

This podcast is also sponsored by Indeed.

0:28.4

Indeed knows hiring needs to be cost effective when you're running your own business.

0:32.8

Start hiring now with a $75 sponsored job credit to upgrade your job post at Indeed.com slash

0:38.5

Peter.

0:39.5

Terms and conditions apply.

0:40.5

Cost application pricing not available for everyone.

0:43.6

Well, another week has come to an end and another week where the financial crisis that

0:50.9

has already begun continues to play out beneath the radar.

0:57.1

Nobody understands that this crisis has started.

1:02.8

But believe me, it has.

1:05.5

I mean, this was the way the 2008 financial crisis started.

1:10.6

It didn't just happen when Lehman Brothers went bankrupt.

1:14.3

I mean, by that point, you know, everybody knew that we had a crisis.

1:20.2

The crisis was obvious before Lehman went under.

1:25.2

That's the reason it went under.

1:26.7

It didn't just go out of business, you know, out of the dark.

1:30.6

It wasn't just, you know, happenstance.

1:33.6

The reason that Lehman Brothers and Bear Stearns and Fanny and Freddie and AIG and all these

...

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