Quote:
Originally Posted by CDSmith
Actually he's saying that no matter who wins 2016 it's going to be a one-term presidency, torpedoed by all that he's describing about the interest-vs-inflation situation. I find it odd that whomever posted that vid focused on the Hillary comment with their title and completely ignored virtually everything the guy actually said. Wrong or right, it's a warning.
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Exactly. It's a very ominous warning - especially from a guy who's had the midas touch for nearly everything he's been involved in over the years. Simply put - he says "You don't want to be the one to win in 2016 - you'll be the one to take the blame when the bottom falls out of the economic cycle."
Peter Thiel is one of the few I'll listen to closely these days.