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> Who keeps voting them up? Perhaps economically literate people who agree with the arguments? Schiff is a little on the alarmist side, but it takes a megapho
by kingkongrevenge 18y ago
> Who keeps voting them up?
Perhaps economically literate people who agree with the arguments? Schiff is a little on the alarmist side, but it takes a megaphone to be heard over the geyser of bull-tard propaganda that dominates popular business discussion. You get ahead in America by joining the rah-rah chorus and people just don't want to hear bad news.
> Everybody Panic articles.
Schiff is very positive and bullish on certain countries and certain sectors. "Everybody panic" is not his theme; it's "US citizens should panic." If you paid attention to him six years ago and panicked, and moved out of USD denominated assets you're something like 50% richer than your neighbors. So who's being irrational?
> "The Great Depression of the 1990s"
What's your point? Various idiots make bad predictions all the time? So what? Might as well mention "Dow 30000". Schiff isn't an idiot. His arguments are sound.
- davidw 18y ago> Perhaps economically literate people who agree with the arguments ... for some odd values of "economically literate", and who haven't caught on that this site is not for the discussion of one's pet economic and political theories.
- kingkongrevenge 18y agoIf this post is off topic then so are almost all of pg's essays.
- davidw 18y agoMost of PG's essays are about startups, hacking, and the like, although perhaps fewer have been lately. The other ones are generally interesting looks at something or another, but very rarely wacky rants about politics or economics.
- sabat 18y ago>> His arguments are sound. The production of good as the basis for an economy is dead. His argument is ignorant. This is not an economic forum. Please post elsewhere.