Peter Schiff Vs. Doug Henwood on Economic Crisis

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http://www.therealnews.com transcript

TheRealNews

Free market guru Peter Schiff debates Doug Henwood of Left Business Observer on causes and solutions

Doug Henwood is the editor and publisher of Left Business Observer, a contributing editor of The Nation, and hosts a radio weekly program called “Behind the News” on WBAI in New York. His most recent book, published in 2003, is called After the New Economy. He is now working on a new book about today’s American ruling class.

Peter Schiff is the President and Chief Global Strategist of Euro Pacific Capital, a full service registered broker dealer, specializing in foreign securities. Mr. Schiff is the author of four bestselling books, including his latest: “How an Economy Grows and Why It Crashes”, and “Crash Proof: How to Profit from the Coming Economic Collapse”, published in 2009.

Schiff Vs. Henwood on Economic Crisis

see

Keiser Report: Episode 87: Ellen Brown on Foreclosuregate

Time to Break Up the Too-big-to-Fail Banks? by Ellen Brown + The Daily Show: Foreclosure Crisis

Marx’s theory of working-class revolution by Alan Maass

Foreclosuregate and Obama’s “Pocket Veto” by Ellen Brown

Prof. Michael Hudson: The Long Collapse

2 thoughts on “Peter Schiff Vs. Doug Henwood on Economic Crisis

  1. schiff is cut-off entirely too much, agree or not, with his larger view.

    the moderator is failing to moderate, either affording henwood over-talk-time, or allowing him to constantly interrupt schiff exclusively.

    how can the moderator not have done his homework to know that price inflation is happening.

    schiff should definitely consider the importance of wage differentials.

    and how is it possible that henwood accepts some government data, and wholly refutes others.

    in the end, this discussion, much like the others, is politically driven imo.

  2. weren’t derivatives essentially a creation of the free market, which drove inflation, more than cheap money in fact, enormous wealth and unaffordable debt burdens. it was actually the absence of the gov’t in regulating derivative cash cow that created the bubbles (from enron to bear stearns/aig). tech market before.

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