Dope Tech Episode 2

<<@TomBilyeu says : WARNING: I will never ask for your contact info in the comments section, that is someone impersonating me!>> <<@tonyryan43 says : This has been a great natiuonal economics analysts of 2024, but absolutely hopeless economic theory. Many countries have proved your hypothesies to be incorrect. First, we all agree with you about the motivational components of private enterprise. The entire point of government has always been to prevent private enterprise from being exploitative. Free trade is not private enterprise per se, but private enterprise that government permits to be exploitative by sneakily making laws that favour corporations. Australia from 1948 to now, conclusively proves this. Prior to 1976, Australia was the most egalitarian and prosperous nation on the planet. There was no poverty, no homelessness, and every worker had access to home and car ownership, plus 2 weeks paid holiday each year. In 1975, the US took Australia by coup (CIA) and from that day onwards, the media, corporations, parliament, education, and every factor that protected families and individuals from exploitation, was taken over by the US. We are now the unrepresented 51st state. Military takeover has progressed since them. The is free trade in action... that is, the freedom of corporations to erase private enterprise and the mechanisms that prevent exploitation. Basically, Peter, all you do is tell me you have only read one book, Atlas Shrugged, and you have never studied any other economy except that of the US. You have inserted your own definitions into the entire economic analysis of history. Now is not the time nor place, but take me on with bulleted arguments and I will demolish you on all counts. By the way, Ayn Rand also had only read one book...Atlas Shrugged.>> <<@HealandInspire says : Outrageous!!>> <<@HealandInspire says : Under Clinton we did amazing. We had a surplus and were liked in many countries. Capitalism is for the rich. Pay more federal taxes Schiff. Not everyone is wealthy. Someone has to clean our bathrooms and pick our fruit. He has no idea. Grrrrrrr.>> <<@charlesdobbin7911 says : He forgot about Jim Crow>> <<@Pug_Mom11 says : That’s what happens when 80% of the nation’s wealth has been shifted to the 1%>> <<@IngridGowdy says : 🎉So how did the gre🎉at depression start , Peter ?>> <<@tlcmeans says : His whole philosophy seems off.>> <<@jhazel007 says : You’re a jerk. Biden did great coming out of Covid. And it’s Trump that can’t remember where he is or who his wife was in a photo, so ok…..we shall now see. Of course, you will stand trumps failure can be blamed on Biden. A real creep, you are.>> <<@wolfheart763 says : I stopped spending money. ,I lost my job to medical issues and can't even get disability in my state. Just rediculious how inflated everything is while ceos get richer. American dream has been dead for years>> <<@andypadova says : Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.>> <<@nycc802 says : Same thing in Canada we still have to pay taxes even if I live abroad, but guess what I am still moving out and will be paying what ever to not having my Canadian citizenship.>> <<@PeleLua1 says : We already tried top down economics. Guess what. It doesn’t work. Rich are richer. No one was feeding the poor. No one was paying a persons medical bills. No one was building houses for the homeless. It DIDNT work.>> <<@Jessi8074 says : Sorry but this guy is an idiot. Greed has caused prolonged inflation at grocery stores, housing costs, etc. Biden did an amazing job. No one wanted to give him an ounce of credit. That’s why Trump is back. Like a disease we can’t shake>> <<@Tfbruh says : Lmao anything you people do wont matter. The agenda is to fuck everyone. 😂😂🤷‍♂️>> <<@1cginni says : And this exactly why they didn’t vote for the Democrats! People are really really ready for a change. The negative Nellies are wanting their money train to stay and the pro positive people are wanting everyone to win! America needs to have the focus back on America and their own people and their own economy and let the rest deal on their own otherwise we are not going to survive! 😢>> <<@PersianTangelo says : 1.5 hours in and finally the economy stuff I was here for!>> <<@PersianTangelo says : I’m not interest in whether you are tolerant and are pro or anti racism. I just think your ideas have holes one could drive a car through. Could you start talking about the economy? I didn’t come here for a discourse on social morals. Finally! We are talking about money and not his amateur social opinions.>> <<@PersianTangelo says : So it’s not government that destroyers the black community only. It didn’t help but it was t the reason. So black men tended to work in industry. In the south, after slavery, there was “separate but equal”, horrible schools and sharecropping (another horrible feature of capitalism) and so black men rarely had those white collar jobs. When those jobs went overseas and there was the deindustrialization of the inner cities; black men became less economically viable. Since they were last hired, first fired ; they lost their jobs. Women marry men who can provide for them and their families. Black men couldn’t and this damaged the family unit. - then the culture changed. Baby mammas became acceptable. Marriage became optional. This entrenched poverty. The cultural change is actually not 100% related to government programs , see “coming apart by Charles Murray” And also the government policies of helping single mothers did sometimes penalize women who were married and had husbands at home. See how it’s not as simple as “government bad” If this guy can’t get basic things like this right, how can he correctly predict economic collapse?>> <<@TimC887 says : Peter Schiff has been calling for the end of the world for over 25 years now. Still waiting.>> <<@zanjones7443 says : It started with Bush.>> <<@zanjones7443 says : Americans are just spending too much on garbage. Why is this dude bashing Biden? He's unpopular by Republicans.>> <<@zanjones7443 says : Americans are just spending too much on garbage.>> <<@zanjones7443 says : They have been doing that. Is this man an economist?>> <<@Wizard_of_Light says : I agree with most of what he said. He is a smart man, know his theory well. But something he failed to address is monopoly. Monopolies will always ultimately win free market. It is an inevitability. And monopolies need governments to enforce their controls. Exactly what is happening right now. And as we can see, monopolies are short sighted. They want profit. Higher inflation means higher growth, in a system of infinite growth. Food corporations are the worst in that cartel of corporations. Because they know people will need food, they gouge the food prices. The control the entire chain of production, from start to finish. They are some of the worst offender at the capitalism game. And once they control a bigger share of the market, they can diversify in other sectors that has nothing to do with food. In the end, Marx rejoin a lot of this man on their theory. That governement is not the answer.>> <<@lorikendrick5076 says : I think he is wrong. It will go bad now with trump at the helm. It's been good.>> <<@jerseygirl615 says : Tom I am so sorry for the way this interview went. Totally out of context. Thank you for reeling him back to the economy instead of his own personal warped views on racism, labor,Capitalism, protection laws, I could go on. This guy had nothing but prejudice views!>> <<@Eierscheisse says : This man is an enemy to humanity. He would probably rather be a part of the aristocracy and live happy ever after in his high castle>> <<@Eierscheisse says : OMG this is like dejavu for the people living in Turkey. Be careful people, you are becoming a greater Turkey 😂😂😂>> <<@ronspeth7095 says : Going to laugh at trump every day when he realizes he screwed up but he won't admit it>> <<@brooklynbummer says : The econo,y is not in a recession or depression but we are heading that way, in the near future. Debt is high in all segments of our economy. Trumps plans are all inflationary and will hurt the economy. If Biden’s economy is so bad, it will look great once Trump after Trumps economy.>> <<@davidwilfong5820 says : This guy should go to work for fox fake news so he can make more money lieing to you>> <<@davidwilfong5820 says : Ok let's back the truck up red Biden came in to office with Trumps economy and straighted it out so we have a decent economy now you Trump supporters voted him back in and we are heading for a recession Trump ran the national debt up to 8 trillion dollars and sent our jobs overseas>> <<@gjacobson76 says : What drugs is Peter on? I agree with some of his points, but he needs to understand why certain government agencies and programs we created in the first place. If he would like to donate some money to help me, it would be appreciated. I have an incurable cancer and had to go on disability. I was 40 when I got sick and my daughter was 4 and my son was 2. I relapsed once and almost lost my home. I went 6 month without a pay check. I did not qualify for food assistance. I am struggling. On top of my cancer and other health issues, my son is autistic and has type 1 diabetes. So he can sit there and run his mouth, and I will tell you all he is mostly full of it!>> <<@howardcohen7784 says : The song said it well. "It's still the same old story, a fight for love and glory, a case of do or die.">> <<@lindawade4ok639 says : I think economic Devastation is a given with Trump's election. I think he will continue his usual strategy of bankrupting everything he touches. Remember earning your living from grift isn't exactly a business model>> <<@josephkryzak3331 says : Depression that’s a time to buy I see living in caves for some>> <<@tnightwolf says : People that believe in Peter Schiff have to be some of the dumbest on this planet! The irony is that, how thinks, is one of the reasons why Capitalism/Free-Market theory is already destroyed and is about to be erradicated from existence during the Donald Trump presidency. It will be wild to see what this guy defends to come into action and see the US simply crumble.>> <<@movieklump says : The man who called the 2008 recession and the 2012 recession and the 2014 recession and the 2016 recession and the 2018 recession and the 2020 recession and the 2023 recession and the 2024 recession. One out of eight ain't bad. This is man who cried wolf economics.>> <<@Jaky7470 says : GREAT and very true interview with a smart financial Guru..Tom . CONRATZ !!!!!>> <<@florenceduke2769 says : That's on people. We are responsible for our own bills and spending and responsibility. Nobody takes responsibility for their own actions anymore. GROW UP. LIVE IN YOUR OWN MEANS.>> <<@TanSpaceX says : In retrospect, Peter Schiff is utterly wrong. 😂>> <<@stuartmckenzie8095 says : Good channel; but far too many ads, it dilutes the flow and basically makes the channel look like it’s all about the revenue. Peter what the Governments Worldwide did in Covid wasn’t a mistake, it was all well engineered, the system is coming into a new era of reset. It’s basically just a bull run for the rich to use the dummy money to buy all the little mans assets as this Banksters recession finally takes everything. Covid was manufactured a five year medical experiment (amongst other things)before the winners take it all. The Banksters rule the World, they choose what country has the power. Capitalism abused makes Banksters.>> <<@jorgebravo4544 says : I would hate to be that old and so ignorant>> <<@obg7 says : The Lord said Hyperinflation is coming. Believe Him or not, but everything He said about this generation is coming to past, in detail. (Read 2 Timothy 3 & Revelation 6)>> <<@stevenboddy4232 says : We are so effed>> <<@ms.solinvictusmithra5700 says : Another Fear Porn!>> <<@theresastrack430 says : Who. Can listen to this guy>> <<@tabasco7915 says : DO THIS BEFORE 2025! "Seek the Lord while he may be found; call on him while he is near." "Let the wicked forsake their ways and the unrighteous their thoughts. Let them turn to the Lord, and he will have mercy on them, and to our God, for he will freely pardon." Isa 55:6-7 "Whoever believes in the Son has eternal life, but whoever rejects the Son will not see life, for God’s wrath remains on them." Jhn 3:36>> <<@DarkMatterForge says : Around the 2:43 mark he Peter talks about how debts might be erased and creditors will disappear. Is that something that could happen with car loans and Mortgages as well? If the creditors 'disappear' then what does that mean for the people with those cars and homes that may have owed so much? Will they likely loose their property if the US dollar collapses and banks won't take the money for payment? Could they even refuse the payment since there is a contract? Or is the property now open, without an owner? What happens to the deeds and titles that the banks are holding on to if the banks disappear?>>