Peter Schiff Wasting His Time at the Mortgage Bankers Conference in 2006

Interesting video of Peter Schiff predicting the real estate collapse all the way back in 2006. He was giving a speech at the Western Regional Mortgage Bankers Conference in Las Vegas to 2000 slack jawed mortgage bankers. He wasted his time trying to teach these guys and gals economics 101, which I’m sure went in one ear and out the other. You know how people making billions can be, like zombies, in the zone, in the bubble, addicted to the money high, so there’s no getting through to their cash soaked brains. At least Peter could get on record that he tried.

Peter Schiff at Mortgage Bankers Conference on Nov. 13th 2006