@PeterSchiff Which American will sit there 24/7 making toys at $3.00/hr? Further more most manufacturing jobs are automated even in China where labor relatively cheaper, factories are automated. Those jobs are in the past. American are not equipped for the transformation to the new job skills
@OccupyDemocrats Agree, don’t trust Trump, saying the election is rigged when he’s the one rigging the election. The result is too lopsided to be real. Challenge please, so many people can’t be that gullible. The world is looking at us as being dumb & stupid to vote on false promises.
@PeterSchiff What’s worse: Whales who bought in early and are buying BTC when it drops to keep the price up. Hopefully, “At some point they’ll be the only one holding the bag” or unsuspecting people loosing their life savings in the biggest digital Ponzi scheme of the century crashing?
@business Fraudster must go, he should be imprisoned. Why was he even sworn in. He applied for the job and deliberately falsified his qualifications thats not a mistake it’s fraud and should be fired immediately it an embarrassment to the Republicans party and Democracy and all Americans.
@PeterSchiff For every one winner in cryptos there must be many losers. Otherwise where does the money comes from? Unlike say real estate which have shelter use or generates rent for its use. How many cryptos exist today 30 thousands and growing?
@PeterSchiff Rents will continue to rise, based on shortage. This is not 2008 when there were over supply:lots of condo conversion on top of constructions, many people speculated buy 2-3 units hoping to sell back at a profit, but we’re left holding the bag, because the rent can’t cover Mtg.
@PeterSchiff The labor market data 3.6% is false, it’s not factoring this Gig economy, where employables during the pandemic lockdown, were trading Meme stocks, growth stocks, Cryptos etc. making money when everything is increasing. Now everything is falling and most are loosing their shirts.
@PeterSchiff#NoProblem: USA is Crypto Nation, with over 20,000 Cryptos and growing, using up energy and other resources to create with fancy #NFTs we can just live in the #Metaverse and buy anything with #Cryptos our #Avatars not worried about inflation, recession, food, shelter #Noproblem.
@PeterSchiff This #Democratic system don’t work as Politicians buys votes instead of doing the right things for the long term economic good. The China’s ruling party is not concerned about re-election so they can make hard choices to forego short term gratification, for long term gain.
@PeterSchiff There is no fundamentals or basis for 30k, 20k, or zero-k it just the price the next sucker gets suck in at, thinking he’s going to get rich. A few will make money to the detriment of the masses, where is the money coming from? At some point the pyramid will stop growing.
@Alex343@PeterSchiff If you got all the #Bitcoin available, what do you do with it, when it has no use? It can’t be eaten, it doesn’t provide shelter, it doesn’t sparkle, it’s not visible. Compared to a real asset like real estate, that have use value.
@PeterSchiff Again Peter your $20k #Bitcoin and $1K #Ethereum timing is off, it didn’t happen over the weekend, but it happening the day after. Zero the next stop Lol
@PeterSchiff I’m a real estate investor and would the real estate market to crash so I can buy more. Why aren’t #Crypto speculator not wishing Cryptos to crash so they can buy more instead of pump up to sucker other in so they can sell at a higher price. #Pyramid suckering lamb to slaughter
@PeterSchiff#UBI Universal basic income $1000 a month is the only fair solution, where everyone gets it. Her $800 a month student loan covered. I paid off my student loan, would I get a $10,000 refund? What about people that didn’t go to college? If Govt will forgive St-loans then borrow