Senate Candidate Peter Schiff Vs. Chris Dodd on Fannie Mae and Freddie Mac over the years
Tags:
Peter Schiff Chris Dodd 2010 Senate Fannie Mae Freddie Mac Ron Paul Campaign for Liberty CNN money MSNBC Senate Race Chris Dodd http://peterschiff.tk http://schiffreport.tk Ron Paul glenn beck obama FOX Business News CNBC Bloomberg aljazeera gerald celente warren buffett marc faber jim rogers gold silver dollar max keiser lou dobbs bob chapman alex jones david icke economy collapse stock marcket wall street
THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
PETER SCHIFF
Sunday, October 4, 2009
Subscribe to:
Post Comments (Atom)
Popular Posts This Month
-
If you want to listen to Peter Schiff's Wall Street Unspun Podcasts , here is the widget , I used to have it on the front page , But fra...
-
President Obama delivers his weekly address to the nation announcing many cuts in the federal budgetWhat do you guys Think of this ???
-
Peter Schiff Inflationary Nightmare Coming January 24, 2011 Peter Schiff : Inflation is already here and it is in the first thing you...
-
have you bought your gold yet or not ? what are you waiting for , you should know by now that the dollar is collapsing ...hurry up...
-
as you may have noticed it this morning many blogs hosted on blogger including mine were reporting this strange Error bX-r1ezpk ... fortuna...
-
Peter Schiff : The ’80s and ’90s. You had 20 years where gold and silver prices did nothing but go down and stock and bond prices did noth...
-
Here are some of Peter Schiff's Quotes , Please feel free to post more , and I'll make sure to add them to this list ...let's ma...
-
A) the Fed has no exit strategy and is more likely to expand its QE program than diminish it, B) the U.S. economy is stuck in below...
-
“Look how weak the economy is, look how weak the recovery was… Now we’re going back into recession again, and [with] interest rates alr...
-
by Peter Schiff April 17, 2009 In a speech this week summarizing his administration’s economic policies, President Obama grossly overstated ...
One dynamic that Mr Schiff doesn't talk too much about is the role of restricted supply development on supporting the property bubble.
ReplyDeleteIn New Zealand, my home country, this has been fundamental in co-providing for the conditions for our bubble (we've had similar problems to America - though not to your country's diabolical extreme).
I will explain my point simply: If people could build a new house on the immediate outskirts of their city for, say, $200k, then why would they pay for the equivalent for a $400k established house? The truth is they would not. Supply restriction is and has been a supporting policy for this disaster.
Policies for supply-restriction have been integral in New Zealand, and I understand there is a strong relationship with this within the American market too. You might like to try this link:
http://www.demographia.com/
And also my own straight-forward explanation relating to the New Zealand scenario:
http://andrewatkin.blogspot.com/
Andrew Atkin
(Great Schiff bog - thanks for your efforts. I have been enjoying it.)
Just to add from my first post;
ReplyDeleteHere is the a more specific link from the demographia website, relating to America's property market and the role of restricting land supply for development, so as to create the bubble.
http://www.newgeography.com/content/00369-root-causes-financial-crisis-a-primer
Andrew Atkin