8/28/2006 Peter Schiff On Kudlow & Co: Predicts The US Economic Collapse

Why HN readers recommended it

Offered as an example of someone who publicly predicted the financial crisis ahead of time, in arguments about economic forecasting.

This is a summary from the source dataset, not an endorsement by Hacker News or the video creator.

Video & recommendation details

Creator / channel

PhilDeCarolis

Topic

2008 financial crisis prediction

Format

interview

Level

general

HN recommenders in dataset

3

HN mentions in dataset

4

Recommendation years in dataset

2009–2013

These counts and years describe the included Hacker News records; they are not YouTube views or the video’s publication date.

From the original HN conversations

Excerpts from the recorded comments. Follow each source for the full comment and surrounding discussion.

• I stopped reading when he misstated everything about Libertarianism: " 1. Corporations are more “efficient” than the government because of the “natural selection” of our capitalist system. 2. Corporations are therefore better than the government at everything. 3. Corporations should be the government, or at …

• My thoughts: Most scientists (myself included) tend to prefer models that accurately predict the future: [VIDEO] What Zed describes is in no way libertarianism. What the following to understand exactly what it is (HINT: It's the opposite of Libertarianism.) [LINK]

• There have been people like Peter Schiff warning about the recession and specifically saying when it will happen and how long it will last, and even politicians like Ron Paul warning about the housing bubble since 2003. They just refused to believe it, and I …