Peter Schiff on Fox Business: Trump has fucked up the US economy (paraphrased)

[Pluvious]

He might as well had said this, the host tries to soften the statements,
but the Proof is in the Pudding

[hatrack]

1. Love watching her try to cope, especially trotting out stats from Shitstain's hack economists . .

Just . . delicious!

[fujiyamasan]

2. I had heard of him before

I knew he’s a major gold bull and he’s a major bitcoin skeptic. He’s called out Michael saylor (of microstrategy) out, who’s running what basically is a Ponzi scheme.

[Pluvious]

4. Saylor certainly has his one specific agenda

His thinking is very my optic, he doesn't even appreciate some of the utility uses of some of the other blockchains.

And he won't acknowledge the risk that quantum computing poses to the future of the bitcoin network.

Fun fact, he made his original fortune by buying a bunch of domain names early, like love.com and many other common words.

[fujiyamasan]

9. Interesting, I never knew about Saylor's early fortune

I just knew he was infamous for losing a significant amount of money during the dot com days ($6 billion), and having to restate accounting their accounting. Pretty shady stuff.

He strikes me as an odd character. His investors strike me as a bit of a cult, like those of Tesla or Palantir and his weird tweets are those of a cult leader.

[Lovie777]

3. The dollar is losing it's value...................

and shithole said he didn't care.

[Johonny]

5. How cam we have trade agreements

When the president changes the deal mid-week for 2 to 3 days ...

[Pluvious]

6. An arbitrarily backs out of past agreements without any consultation with the rest of our government

He just goes with his gut

[Prairie Gates]

7. Guy is a traditional deficit hawk

The only person he praises in the whole spiel is Elon Musk and DOGE, who were, according to him, "unfortunately run out of town."

His analysis of other parts of the economy were cogent, at least. Crashing the dollar is horible for the US economy, even though the Fox anchor tries to temper that judgment.

[miyazaki]

8. Lousy phony Fox fluffer anchor.

She even made an attempt to normalize the Greenland fiasco. Nice that the guest slapped back on that bs, and just laid waste to the dysfunctional economic reality we're facing.

[roamer65]

10. Dump bad mouthed the dollar a bit ago.

Moscow Donny.