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Ron Paul: Economic Collapse Imminent — Trump will Get the Blame Instead of the FED

If former Rep. Ron Paul (R-TX) is correct, an Economic Doomsday is here. The second financial bubble is going to soon burst, and there’s nothing anyone can do about it. That’s because, as Paul stated, the Federal Reserve has set up the American economy for financial collapse for printing trillions of dollars back in 2008 and 2009.

“The Federal Reserve’s policies of printing trillions of dollars back in ’08-09 have locked into place a serious financial crisis at some point in our future,” Paul stated. Going so far as to intimate the financial collapse will occur at least some time in the next two years Paul wrote, “It’s unavoidable, and even Donald Trump can’t stop it.”

Paul said Trump will be the patsy for the supposed impending financial ruin. Just like everyone blamed Obama for the financial collapse in 2009, this time, “Trump will unfairly get the blame,” the former Texas representative wrote. Paul bases his comments on reports he says he’s read which concludes that within the next 18-24 months, the collapse will happen.

The former congressman further explained he’s still holding out hope for Trump to make changes which can help to protect America’s future, but pointed out some of Trump’s staff has direct connections to Wall Street. He’s also concerned Trump’s war against radical Islam is a war Trump cannot win because it’s a war against an ideology, much like America’s failed attempt at defeating communism.

Paul believes Trump’s moving in the right direction to protect America’s interests by canceling America’s involvement in the Trans-Pacific Partnership (TPP) trade agreement with Asia. Paul also hopes Trump will pull American troops out of the at least 7 countries in which it is currently deployed and engaged in military conflict. “I say just come home,” Paul said when addressing having our military presence overseas. “Just get out of there and let the local people sort (the conflict) this out,” Paul said in response to how America should deal with hot spots like the Ukraine and Syria.

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Paul believes the former administration’s posturing and threatening of China was misguided and stated we’d be better of trading goods with China, and all of Asia, rather than trading threats. However, as te Free Thought Project pointed out, Trump is already carrying on this dangerous posture — and China is responding.

Paul warns there’s going to be an acceleration of black ops operations by the CIA and Special Forces missions such as the joint special operations command (JSOC) which, as The Free Thought Project has reported, answers directly to the President of the United States.

Paul, who has never supported Trump is concerned about Trump’s ego, wondering if he’s going to act on his impulses to go after the ideology of radical Islam. Paul reminded his viewers that the way to create more jihadists is to keep on provoking the moderate Muslims into becoming radicalized by reacting to U.S. military actions overseas — the exact same thing Trump is doing right now.

Paul praised President Obama’s actions to normalize relations with Cuba and he hopes that with all of the policy decisions the Trump administration is making, that Trump will maintain the policy Obama implemented with Cuba and continue to keep the negotiations open with our closest Southern Caribbean neighbor.

Paul noted that he thinks U.S. policy has created a “failed system” in the country. “All empires end and we’re the empire. It’s going to end and it’s going to be for economic reasons…we’re going to fail because we’re working within a failed system…this is a monetary problem…a spending problem…it’s going to be financial,” Paul emphatically claimed, once again stating the collapse of America is imminent. “We have something arriving worse than 2008, 2009, much worse…It was the fault of the Federal Reserve,” Paul said, adding, the Keynesian economic model contributed greatly to the first bubble burst. Paul said the left will blame Trump for it like the right did to Obama, but he says it’s bigger than the office of the president, and blames the federal reserve and the previous 17 years of governmental spending.

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If you think Ron Paul’s comments hold no water, think again. As the Free Thought Project reported last year, even the former chairmen of the Federal Reserve is predicting this crisis.

We are in very early days of a crisis which has got a way to go,” asserted Alan Greenspan to Bloomberg last year. “This is the worst period, I recall since I’ve been in public service. There’s nothing like it, including the crisis — remember October 19th, 1987, when the Dow went down by a record amount 23 percent? That I thought was the bottom of all potential problems. This has a corrosive effect that will not go away. I’d love to find something positive to say…..I don’t know how it’s going to resolve, but there’s going to be a crisis.”

When the man who used to run the very central bank Ron Paul says is responsible for the collapse, also says there’s going to be a collapse — it’s time to pay attention.

  • doucyet

    Trump won’t be the “patsy”, conservatives (Republicans) will be. By design I might add…….

    • junktex

      Naw,Trump will be the patsy.La Kosher Nostra will emerge unscathed

  • skyp0ckets

    I need to learn more about the fed reserve. It’s a good time to get our ducks in a row. I’ve been hearing this for some time now, and it is disconcerting. The best thing we can do is heed the warning and prepare

    • Tommy Prince

      Research the Creature from Jekyl Island.

  • tz1

    Trump doesn’t play by cuckservative or losertarian rules.
    He won’t bail out Wall St. and when the Fed fails, he can end it more easily.
    Trump just put the portrait of Andrew Jackson in the oval office. He got rid of the first Bank of the US.
    Jackson, not Jefferson, but I’ll take it.

    • skyp0ckets

      He’s staffing the white house with some of the most offensive players of the ‘great recession’ that are wall street bred. No one who becomes president will stop Wall Street. It’s the money machine.

      • tz1

        That doesn’t mean they will get to do what they want or he won’t fire them. Christie tried defying him on the transition team.

        • skyp0ckets

          Christie had a kushner problem.

    • IceTrey

      That won’t stop the disaster from happening.

  • raz-0

    Ron Paul has been saying this forever. He needs to get his shit together. I’m not saying he’s wrong. On paper, what he is saying is like talking about the heat death of the universe. Inevitable at some point, but nobody can tell you when.

    The reality is that the US petro dollar is the reserve currency of the world. The counterfeit us dollar is the reserve currency of the underworld. There won’t be any cataclysmic come to Jesus moment regarding debt or money printing until that changes. The bail out won’t change that, most of that was shoveled into a hole to call it fixed. It didn’t apply any economic pressure that wasn’t already there. Unless that reserve status changes, the financial system will remain in place more or less.

    That won’t change because there won’t be a better reserve currency, and large scale trade really wants a reserve currency to exist. If something looks to be threatening that status, you turn the US military loose on it and that proposition becomes shaky.

    If instability comes to pass it is much more likely it will come from populist backlash against the conditions people have to live through to maintain that reserve currency status.

  • Blaine

    The Federal Reserve Note will outlast the Federal Government. It holds about 2.5T dollars in Federal debt. When the USG begins to default, demand for FRN will stay strong. All that’s needed is a small increase in the interest rate the Federal Govt pays when it borrows $ to pay current debt, and the Ntnl debt will explode.

    Really it is inevitable the Federal Govt will default and hopefully collapse. Its already insolvent as the current debt is unpayable. The interest rate it pays after beginning to go down the tubes will explode and I’d imagine individual States will start going their own way as the Fed stops payments to them.

    it will only be a real issue if individual States attempt to issue currency or vouchers, or begin borrowing and holding $ in foreign currency reserves like a central bank might. Again, this step may very well be inevitable.

    FWIW, some of the States in the Union already have economies larger than many currency issuing countries. I don’t expect individual states to issue currency but it would be a possible outcome. Several states have already issued laws allowing for gold and silver coins from different nationalities to be used as legal tender. It would take the Constitution to be amended for states to issue their own paper currency, but even as currently written it makes sense there might be large regional “community” currencies springing up.

    • Tommy Prince

      Individual States could follow the path of North Dakota, it has it’s own bank from which it borrows for it’s needs.

  • Ugghh, I could write a book on this subject but I won’t bore all of you to death. I don’t know the future but I do know the past and history does indeed have a funny way of repeating itself. Think circa 1929.

    And I always thought it was Bush’s fault, the 2008/2009 collapse, since it started on his watch and it was his “Ownership Society” (which he ran on in 2004) that lead to the collapse of the bad debt, bundled and sold as AAA by Wall Street Banksters. Anyway, blaming a political party is stupid, they are both the same and work for the same people (hint: it ain’t us).

    As for our wonderful Keynesian based economic monetary system:

    The world currently has an estimated $200 to $300 trillion of debt.

    https://www.google.com/#q=total+debt+in+the+world

    Now, look at how much money there is in the world.

    https://www.google.com/#q=total+money+in+the+world

    Anyone notice a big problem? Well, there is A TON more debt in the world than there is money to pay it back, which makes paying it back impossible.

    Thus, economic collapse of a great depression type is incoming.

    And that is not even counting derivatives (high estimate of $1.2 quadrillion), which many believe are economic weapons of mass destruction.

    http://www.marketwatch.com/story/this-is-how-much-money-exists-in-the-entire-world-in-one-chart-2015-12-18

    Since videos are easier to watch for many than reading books…

    Culture in Decline | Episode #2 “Economics 101”
    https://www.youtube.com/watch?v=KEC0GT_8l_I&feature=youtu.be

    • Alexander Sandro Frei

      Great comments. It is interesting to note though that when Keynes postulated his theory it was based on debt free money. So to call money printing that has a debt/interest component to it ‘Keynsian’ is a misappropriation/misnomer.

      • Nice catch, guess I should have been more specific, sort of mixed the Federal Reserve issue into the economic philosophy issue which really should have been separate. Keynesian do believe in debt spending (instead of Austrian savings) and that is what I was trying to get at in addition to the Federal Reserve problem of money with debt attached.

        Thanks for the reply, good to see others out there with an understanding of the big problem that is out there today.

  • Roy Fokker

    The US needs to make the bond holders bite it. Big time. Then send in the military to sieze all the trillions stolen from us by the Rothchilds. Especially all the fort knox gold..

    • g box

      Not all bond holders are fat cats. I have ten thousand of my retirement in us treasury bonds.

    • nck

      Fort knox gold??? Don’t know anyone who believes there’s anything there.

    • Coffee House Philosopher

      According to the “official” numbers, all of the gold in Fort Knox would only cover about 3 hours worth of “our” government spending. Unless it were revalued at more than $50,000 per ounce, per Jim Rickards, someone you might not trust…

  • garry
  • sixxfingers

    If this was coming from anybody but Dr. Paul, I wouldn’t give it a second thought. He warned us many times of the inevitable results of fiscal irresponsibility, including that of the Fed, but we didn’t want to hear it.

  • sixxfingers

    That was probably before obama went on his multi-trillion dollar spending spree.

    • Vincent D’Emidio

      If he spent the ill-gotten gains of these Capitalist LOWLIFES, then why should that bother you? Unless, of course, you are one of those Fox News robots!

  • Vincent D’Emidio

    I’ve always admired Ron Paul. He is VERY intelligent regarding the legalization of Marijuana issue; he was against the Iraq invasion by President Cheney — oops! I meant, President “Dubya”; he stood up to PM Binyamin “There will never be a Palestinian State” Netanya-filth. He is a much stronger leader than his son, Rand.

  • [email protected]

    Ron Paul is correct, as were a lot of other people who have been predicting the collapse of the economy. But, when it will happen is another story. It’s like the house that is infested with termites. You know with each passing day, things are getting worse. So, you replace a few rotten boards here and there, but the termites remain meaning you will have to prop it up with some more repairs down the road.

    The first person to speak of the collapse of capitalism was Marx. He recognized its inherent flaws and knew immediately it was destined for collapse somewhere in the future. Marx was far enough from the collapse to know that he couldn’t set a time for the demise. Some people believe the demise will be sudden like a catastrophic heart attack. This is not likely as the system has already been deteriorating for some time now. The looters have always managed to convince the government to bail them out for their mistakes.

    The day will come when there will not be enough wood to prop up the falling structure. As long as the government keeps stepping in with taxpayer money, they breathe new life into the dying body. There have literally thousands of people who have been warning of the “imminent” collapse. After the crash of 1929, capitalism was drawing its last breaths. It was FDR with his much maligned “socialist” agenda that saved capitalism, which was his intent. This is the task of all presidents, to protect the looters.

    When it will happen is an unknown, but it WILL happen. For many poor Americans, it has already died as they fall between the cracks, never to be heard from again nor considered by the rest of society and the corporate owned government. Foolish America has pinned their hopes on a man who was part and parcel of this unfair system and who has no understanding of the detrimental aspect of capitalism. He is a billionaire, how could he know? All he knows is that the system worked for him.

    He is now the president of the 1%, and every appointment he has made is a sure sign that the foxes have been put in charge of the chicken coop. The only thing we can blame Trump for is the acceleration of what is to take place. He, like all the presidents before him, will add his two-cents to the impending collapse.

    • Mikel Ryanson

      You sound like a negative brainwashed communist. Karl Marx was not the first to talk about the collapse of capitalism. He only talked about it to prop up his evil system

      • Blaine

        The main problem is ALL governments are bought off, none truly care for their people. No one is pushing Communism in this country, they are pushing Fascism or a delusion equal to Communism – Libertarianism, where Govt is magically neutral and incorruptible arbiter of property rights, and all other rights naturally flow from property rights.

        If we had good government we wouldn’t be collapsing under the weight of foreign military adventures and related borrowing. If we had good Govt we wouldn’t be underwriting the derivatives market and would have kept sensible banking regulation in place.

        Govts of larger countries only do good for the bulk of the citizens when needed to face off an external threat. Since the collapse of the Soviet Union the American working class has been crushed, so Communism was good for something if done on a large enough scale – it kept corrupt Capitalist governments from eating their own for a few decades.

    • Tommy Prince

      There is capitalism and there is the Federal Reserve, one uses capital to create goods and the other creates capital out of thin air and charges interest on the use of it.
      END THE FED.
      Put the nation’s money creation back in the hands of the nation.

  • Hugo Spinoso

    it might not be necessary to remove it, but it does seem to rquire some sort of balance, wich might be either local currencies and/or metal currency.

  • patriot156

    I’m hoping all I’ve seen so far means End the fed, End the IRS, get us out of the UN and the UN off our shores.

    • Felipe Melendez

      Wishful thinking, who’s going to stop them? They have a stranglehold on USA and there is shit we can do. Trump is just another puppet, the power is behind the scene so secret that we have no idea who is power. Country is coming down and Trump will be blamed.

  • Sandy Smith

    What doespecially e mean Trump willunfairly get the blame??? I guess I know who he supports.

  • MostOfYouRBrainwashed HAHA

    “… much like America’s failed attempt at defeating communism.”

    How many communistic countries are there? How many communistic countries were there 30+ years ago? Doesn’t look like a failed attempt to me

    • Mikel Ryanson

      Exactly too many idiotic fools who have been brainwashed by hardcore liberal universities into worshipping the failed idea of communism.

      • Blaine

        Not that I’m a Communist, or even really a leftist, but most Communist countries that collapsed were from being subverted or from having to spend a huge amount on defense. USSR with an economy 1/4 – 1/3 that of the US diverted resources into a war machine capable of countering the US/NATO.

        Yugoslavia (not really communist but certainly socialist) was dismembered by force and subterfuge. Most dissolved after the collapse of the Soviet Union, they weren’t won over by the US or enlightened by capitalism. Support for Socialist forms of Govt remain strong in many of them. Many E Europen countries have seen living standards fall since they transitioned from socialist economies.

        So yes, far fewer today, but replaced with what and controlled by whom?

        FWIW, I’m in agreement with a good portion of Ron Paul’s leanings, except where he blames the Fed, I blame the Federal Govt. If one or the other had to go I’d prefer the Federal Govt dissolve before the Fed, though without the US govt borrowing and faced with competition from other banks and currencies it would fade on its own.

  • madrino

    History is a fraud as few read, know what they are reading, and have no time for older books and manuscripts.

    https://www.youtube.com/watch?v=zdMbmdFOvTs. JFK to the news men, the MSM that reports anything but the facts

    https://www.youtube.com/watch?v=cyYAlfF6eHs. Louis McFadden on the Federal Reserve

    https://www.youtube.com/watch?v=PzjSxYAup5c Kakistocracy – government by the worst most unprincipled

    https://www.youtube.com/watch?v=RpQewj9PDKY Pledge of allegiance a fraud in itself

    https://www.youtube.com/watch?v=pKN3QBY9Xn0 YOUR ARE OBSOLETE

    https://www.youtube.com/watch?v=GRybM76qx6I. Worse than obsolete

    http://usa-the-republic.com/banks/Edward_Mandell_House_Predicts_Creation_Of_STRAWMAN.pdf The owners of your government own you too!

    http://www.legalucc.com/ed_mandell_woodrow_wilson.html

    https://www.youtube.com/watch?v=887_ybYGgRc. US wasted 14 trillion on war since Bush I – Jack Ma of Alibaba at Davos 2017

    https://www.youtube.com/watch?v=1Ayxot9vQ_k As the community goes, so goes the nation – do you live in despotism? Video asks w. Rating scales!

    https://www.youtube.com/watch?v=TaWSqboZr1w

    https://politicalvelcraft.org/2012/09/08/damn-it-people-dont-you-get-it-rothschilds-dummy-corporation-social-security-aka-new-world-order/

    http://www.express.co.uk/news/science/759162/Human-pig-HYBRID-organs-transplant. Can humanity get any more pathetic?

    https://theintercept.com/2016/10/13/pentagon-video-warns-of-unavoidable-dystopian-future-for-worlds-biggest-cities/

    https://www.loc.gov/rr/frd/Military_Law/pdf/mil_pol_operations.pdf I’m dead, so are you.

    https://info.publicintelligence.net/USArmy-InternmentResettlement.pdf

    http://www.goarmy.com/careers-and-jobs/browse-career-and-job-categories/legal-and-law-enforcement/internment-resettlement-specialist.html

    https://www.youtube.com/watch?v=p27Yh7w9qKY The American Cheka – DHS

  • boptah

    It will happen sooner . Because they have to crash the economy before Brexit accelerates the death of the EU .And France Holland and Italy choose to leave as well. The central bankers can only centralise more power and bring in electronic money only ( cash ban). If their is too much confusion, the market will already have adjusted to proper money before they spring the trap.

  • Auldenemy

    The best thinkers in the world are always those who put truth and thus common sense above their own political leanings. The very reason Ron Paul never made it to President was because the West is entrenched in fake ideologies

  • Tommy Prince

    Baloney. Ukraine and it’s criminal elite are not wanted by either Europe or Russia. The Crimeans and the residents of Lugansk and Donnbass want nothing to do with those crooks either.