The 2007-2009 Financial Crisis Predicted by Ron Paul

Texas Congressman Ron Paul warned the House that he isconvinced the time is now upon us that some BIG EVENTS are about to occur” and that will cause liberty to go “into deep hibernation.”

Paul told the House:

“These fast-approaching events will not go unnoticed. They will affect all of us. They will not be limited to just some areas of our country. The world economy and political system will share in the chaos about to be unleashed. There are reasons to believe this coming crisis is different and bigger than the world has ever experienced. Instead of using globalism in a positive fashion, it’s been used to globalize all of the mistakes of the politicians, bureaucrats and central bankers.” 

Our arrogance promoted an American empire backed by the most powerful military-industrial complex in the world. The military globalist intervention creates more problems for all citizens of the world as much as it maintains stability and peace. However, our personal liberties have been trashed, here, at home in the last decade. Ron Paul outlined the history of the current economic crisis, since the inception of the Federal Reserve system, the creation of the Monetary system after WWII, and the evolution of the “economic bubble”.

“This bubble is different and bigger for another reason.” Ron Paul argued. I believe he must have been referring to the U.S. economy $13trillion dollar deficit. “The central banks of the world secretly collude to centrally PLAN the world economy. I’m convinced that agreements among central banks to MONETIZE the U.S. debt these past 15 years have existed, although secretly and out of the reach of any oversight of anyone —especially the U.S. Congress that doesn’t care, or just flat doesn’t understand.” The reality is that the federal deficit could be continued indefinitely at the expense of house hold savings, pensions, social security, failing infrastructure, and the need to Innovate the American economy back to the greatness that led its global standing as the world hegemony —leading Superpower.