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Ron Paul: Prepare for the Worst Ron Paul: Prepare for the Worst

Submitted by Paleryder | 2 weeks ago

moneynews.newsmax.com - The result of the central bank dumping trillions of dollars will be a “bubble” that will later deflate, Paul said.

Tags: stimulus, bailout, failures

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Patriot Watch (Independent) - 2 weeks ago

Reply to ironhead
Ron Paul has been reliably prescient on these matters. Actually, all of the Austrian School economi … Show full comment

Nice comments a usual.

The Obama economic policy seems to be- let's see how much we can spend to show the American people Capitalism stinks.

This guys agenda was not even well thought out. He had millions of robots in his grasp. Sheep ready to commit fenlonies for him and he blew it.

If he strictly focused on making life better (economy) in the first year he would of had the world by the balls. he could of focused on becoming energy independant and using tax mmonies from that to fund his alternative energy search.

Year two he could of rammed his agenda through with his followers growing in numbers.

Instead we have a goat rodeo with only sane people realizing that the only goal would be to crush the economy all together so he than could do his thing.

This is a great article that all Democrats, Marxist, Liberal, Socialist or what ever they call themselves should read so they might learm something.

My Mom said the other day that she feels sorry for the kids in 30-40 years. I laughed and said you better worry about our kids in the next 4-5. If you look at it were lucky not to see mass chaos in 1-3.

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ironhead (Libertarian) - 2 weeks ago

Ron Paul has been reliably prescient on these matters. Actually, all of the Austrian School economists and thinkers have been prescient on these matters, such as Peter Schiff and Tom Woods. Ludwig Von Mises and Murray Rothbard both analyzed past events which bear significant importance today, such as the Great Depression itself, the depression of 1920, the Federal Reserve and currency destruction, and fractional reserve banking.

The stimulus is simply the sharpest expression of Keynesian nonsense put into practice. There is no way we can know how bad this is going to be - I am personally quite afraid of how bad our economy will be in about three years. I very much hope that I am wrong.

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Patriot Watch (Independent) - 2 weeks ago

“I fear that our stimulus and bailout programs have already done too much to prevent the economy from recovering in a natural manner and will result in yet another asset bubble,” he said.

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