Part 3: Peter Schiff on Predicting the 2008 Financial Crisis, Predicts "Dollar Crisis"
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Part 1: Peter Schiff on His Dad Dying in Prison Over Not Paying Taxes
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In this clip, Peter Schiff started out by speaking about his father dying in federal prison at 86 due to his treatable skin cancer going untreated, and he added that his father's sentence was more like a death sentence. Peter then warned about getting the government involved in healthcare due to the subpar treatment. From there, Schiff spoke about getting a finance degree at UC Berkeley, working as a stock broker at Shearson Lehman, formerly known as Lehman Brothers, and warning about the housing bubble and 2008 financial crash. To hear more, including starting his own broker-dealer firm, hit the above clip.
He also spoke about starting Euro Pacific Bank, and Australia's version of "60 Minutes" making false claims about the bank's integrity. Schiff explained that the false allegations has hurt the reputation of his bank, and he added that he plans to file a defamation suit. To hear more about the situation and what it takes to start a bank, hit the above clip.
