Sunday, May 3, 2009

We need to have a Massive Recession and Why College Tuition Is So Expensive

Peter Schiff : We need to have a Massive Recession and Peter Schiff: Why College Tuition Is So Expensive

Lessons from the Crisis:
The Limits of Financial Engineering

Presented by Peter Schiff

Date: Thursday, April 30
Time: 4:00 p.m.
Location: Silleck Lounge, Jacobs Building, NYU-Poly Brooklyn Campus

This talk promises to be an engaging discussion from a unique viewpoint of the current economic collapse, the government’s response in hopes of restoring U.S. economic integrity in the world market, and how ignorance of fundamental economic principles will stymie efforts to restore order.

About the Presenter
Peter Schiff is an American economic commentator and president of Euro Pacific Capital. He is the author of the best-selling books Crash Proof: How to Profit from the Coming Economic Collapse and The Little Book of Bull Moves in Bear Markets: How to Keep your Portfolio Up.
He is best known for his bearish views on the United States economy and for having predicted the economic crisis of 2008.

Mr. Schiff has been quoted in The Wall Street Journal, Barron's, The New York Times, The Los Angeles Times, The Washington Post, The Chicago Tribune, The Dallas Morning News, The Miami Herald, The San Francisco Chronicle, The Atlanta Journal-Constitution, The Arizona Republic, The Philadelphia Inquirer, and appears regularly on CNBC, CNN, Fox News, Fox Business Network, and Bloomberg TV.


  1. BulgariaMay 03, 2009

    clear thoughts, Peter, keep up the good work.

  2. hey mr schiff. I like your work and would love to spread the word by putting up a banner of yours on my website. So far I only implemented a link that is too small to be found when skimming through the site ... do you have a banner or anything similar I could put on the frontpage and link to your site? thank you.

  3. My brother went to college and graduate school by waiting tables at Chinese restaurants in the summers, he didn't borrow a dime. Now his daughter has to pay about $28,000 a year to go to a University of California. It is ridiculous. It wasn't 10 years that I bought a house in Anaheim for $150,000 paying $1200 a month in house payments. We need to go back to these days. We do need a massive recession, I hope it'll happen because our kids just can't afford this country anymore.

  4. AnonymousMay 03, 2009

    hello admin, is it possible to upload the lecture as a hole?

    would be nice.

  5. AnonymousMay 03, 2009

    It's not hard to see you're dead on in your philosophy. How is this? It's called basic common sence, although the only problem is it's not that common.
    I loved your saying the government is trying to borrow it's way out of debt.
    Thank you for your wisdom.

  6. AnonymousMay 04, 2009

    So true, In 1976 tuition for an in state student
    at Ga. Tech cost $798/semester. Today it is $7000
    per semester.


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