Ron Paul Warns: "Second Financial Bubble Going To Burst Soon... Even Trump Can't Stop It"

Tyler Durden's picture

By all appearances notes SHTFPlan.com's Mac Slavo, President Trump is doing his damnedest to turn around the economy, revitalize jobs and bring back prosperity. But the larger trends are already in place; the cycle is turning, and the bust cannot be put off forever.

Federal Reserve policy has literally set the country up for collapse, and though the central bank has been very creative in making the impossible work, and putting off disaster, nothing can hold back the flood forever.

 

Unfortunately, it looks like Trump may be blamed for a financial crisis that he didn’t cause. Analysts, including notably Brandon Smith, may be correct in pinpointing the attempt to use the new and highly controversial president as a scapegoat for the dirty work of the bankers.

 

The conditions are there, and the consequences were built in when the bubble was still being pumped up. Someday it will burst. When, how, and how bad remains to be seen.

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

Authored by Jack Burns via The Free Thought Project blog,

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.

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 the 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.

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.

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Full interview:

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Hohum's picture

When, Ron, when?  Don't tease.

Darktarra's picture

Yes we know; buy gold!

cossack55's picture

Since when did Obozo get the blame for 2009?  That fuckhead blamed the dolt Bush for 7 years.

WTFRLY's picture

First comes The Purge, then the Hunger Games

BaBaBouy's picture

Ron P... Great GOLD Advocate... Listen... Learn... Prepare...

Way too few in NA are ready for the great GOLD moves Coming...

Jim Sampson's picture

Double Short this bitch!!!

Stuck on Zero's picture

Will the collpase be so bad that all the refugees and illegal aliens will go back to their home countries for relief?

BecameParanoid's picture

hahaha i dont know if it is ironic or a joke or what, but man I cant stop laughing hahah

The Saint's picture
The Saint (not verified) BecameParanoid Jan 31, 2017 5:05 PM

Are you talking about your head, Ron.  Yes, we know it is about to burst.  Watch Out!!!!  Brains flying everywhere!

 

 

Tarzan's picture

 

Apparently Paul agrees with the Apostle John...

It is a paradox, the "richest Nation in the world" is the most indebted Nation in the world.  The light on a shinning hill, is a nest of darkness.  A wolf in sheep's clothing, a whore to God!

You say, 'I am rich; I have acquired wealth and do not need a thing.' But you do not realize that you are wretched, pitiful, poor, blind and naked.

Behind all the worthless paper, inflated valuations, fake Accounting, and Ponzi economics, is a GIANT BALLOON waiting to pop!

I looked, and there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, "Two pounds of wheat for a day's wages, and six pounds of barley for a day's wages...

All will be well, clear sailing ahead, Peace and prosperity the outlook, until the moment she blows!  Tell me again, what was Lehman Brother's credit rating in the days before she died?

Therefore in one day her plagues will overtake her...


Woe! Woe to you, great city, you mighty city of Babylon! In one hour your doom has come!' The merchants of the earth will weep and mourn over her because no one buys their cargoes anymore...

 

They will say, 'The fruit you longed for is gone from you. All your luxury and splendor have vanished, never to be recovered.'

 

'Woe! Woe to you, great city, dressed in fine linen, purple and scarlet, and glittering with gold, precious stones and pearls! For in a single hour such fabulous wealth has been destroyed!

 

In one hour she has been brought to ruin!


 

Clearly what John the Apostle saw, while in exile on the Isle of Patmos, was a market flash crash that takes out a great Nation.  Never before has it been more possible for an entire nations wealth to disappear in an hour, then at this moment.  We are ripe for a disaster that will make Zimbabwe look like child's play.

With the DOW at 20,000, the national debt over Twenty Trillion, and a dollar that's lost more then 99% of it's purchasing power, Is there any doubt we're that nation, that NY City and DC will burn to the ground?

Prepare yourselves, not even Trump can save this Ponzi Scheme.  Fiat will die in one great flash crash, everyone's paper wealth will disappear in an instant, and mobs will flood the streets and burn this bitch down.

America's name should be changed to Foudouko, as The world beats up, murders and then cannibalise their former tyrant

fleur de lis's picture

Pres. Trump should meet with Ron Paul on a regualr basis.

Paul understands money like no one else.

 

Jack Napier's picture

> ... may be correct in pinpointing the attempt to use the new and highly controversial president as a scapegoat for the dirty work of the bankers.

Isn't that why he was elected in the first place?

> Paul bases his comments on reports he says he’s read which concludes that within the next 18-24 months, the collapse will happen.

Source please? We've heard this before. Or do you need another moneybomb first?

> ... but pointed out some of Trump’s staff has direct connections to Wall Street.

It doesn't end there. But what about Paul's family's connections to the Masonic order that he won't speak about?

> 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.

Of course he will give open endorsement when all is said and done, because they are both paid actors. There is this thing called the Keystone Pipeline that the globalists have been salivating about, but that's not up for discussion?

Has anything changed since Paul, the white knight held up the silver coin to Bernanke, the vampire? Has the Audit the Fed bill HR 1207 been enforced? Theatre.

Yog Soggoth's picture

I would imagine the peso would look better after a severe dollar collapse even if it just stood still, but I know something else about the USD that I ain't telling. The only people that get hurt in volatility are those with all their eggs in one basket and no clue of what is really going on. I forgot to add, people who don't listen to what others are saying, or at least read international news every day to that group. I agree with 95% of what Ron's said during my lifetime. Still criticizing the FED after all these years. Looks better than I do, and he is much older. Ask, yourself would he have been a better President than OBAMA in retrospect?

weburke's picture

actually bbb, the pauls are totally enslaved and their job is to help convince, well, you I suppose, that we should do this and that but all he is doing is playing his part in the coming, this year, global currency, where all run to the imf for new world order rescue. 

lil dirtball's picture

The truth won't earn you any friends around here, but kudos for telling it.

Why this old (((wheezebag))) is still getting eyeballs - the second article by Paul in less than 24hrs on ZH - is beyond me. Well, not really.

~

"It's propaganda. It softens your brain while you read."

"Mmmm ... sounds sublime."

"You're soaking in it!"

NoPension's picture

Pop!

And complete reset.

No worky...No eaty.

Creative_Destruct's picture

SECOND bubble...shit man, about the 5th since the late 80s for cryin' out loud!

And YES it will (eventually) burst, and if Trump is there when it happens (likely) the dumbasses will lay the blame on him.

But the ROOT cause are the CBs and the Greenspans and the enabling Politicians that came LOOOONG before Trump, or whoever ends up being the scapegoat, was involved.

root superuser's picture

Debt based system works in environment of perpetual growth. Root cause is that natural resourse extraction is in huge overshot and it just cant be sustained any longer. Central banks are guilty for this system and convenient scape goats for collapse. But this was long out of their hands.

Creative_Destruct's picture

Both agree and disagree ...Central Banks are NOT the "scape goats" ...they and the central planning tendencies are PART of the ROOT cause. The easy money provided by them distort price signal information that flows through the economy. This results in distorted demand signals, RESOURCE misallocation and misusage and malinvestment. YES resource limitations do exist and we are running up against them. But if the pricing/ supply-demand allocation signals were allowed to operate, the prices of the resources would be more accurately tied to their actual SCARCITY and we would not be overusing and misusing them to the same degree in massive stimulated consumption binges.

Bottom line: the CBs contribute to the CAUSE of the "natural resouce extraction overshoot." 

Playboy007's picture

It is so comforting to know that at least someone else gets it. I try and explain until I am blue in the face, but the fucktard plebs don't listen. Your comments will help maintain my sanity until the impending collapse finally drives home some understanding for my peers.

Playboy007's picture

It is so comforting to know that at least someone else gets it. I try and explain until I am blue in the face, but the fucktard plebs don't listen. Your comments will help maintain my sanity until the impending collapse finally drives home some understanding for my peers.

Yog Soggoth's picture

So you are blaming natural resources? No, the central banks were, and still are complicit in the full. If you said that to Andrew Jackson he would just run up to you and kick you in the nuts for not knowing recent history.

Playboy007's picture

It is so comforting to know that at least someone else gets it. I try and explain until I am blue in the face, but the fucktard plebs don't listen. Your comments will help maintain my sanity until the impending collapse finally drives home some understanding for my peers.

 

steelhead23's picture

To be clear, the cause of the collapse was unmanageable private debt and fraud - the high level of debt was largely the Fed's doing.  The fraud is on the regulators and yes, to a large degree Obama who wished to look forward, not back.  The lack of effective regulation prior to Lehman could be laid on Bush, but he was mostly the chump in this con.

wherewasi's picture

"It's the worst economy since the great depression"

Rinse...

Repeat

stampman's picture

That was the only thing he got right.

Thus, by snowflake standards, Obozo was a complete success:  he got one question right.

Thalamus's picture

Harry Dent said it's going down--this is impossible

BabaLooey's picture

Sweet Jesus Christ walking across the water.... 

....can't stop the TSUNAMI of shit about to hammer the markets like a nail at an Amish barn raising.............

So your point is R.P.?

Yog Soggoth's picture

Fixin' to be nailed more than a piece of drywall by a Mexican crew would be more appropriate. Amish tend to use pre-drilled holes and dowels rather than nails for that event. They use the same wood so that the expansion and contraction is uniform so as not to split the wood. They also have been known to pay in silver and gold up to the early 70's for major purchases. They vacation in my town, own many successful businesses, and my cousin has a kid with one. I call them the goat people funnin', but they are welcome nieghbors, trust me. 

BabaLooey's picture

Much we can learn from the Amish.

Thanks for that correction.

"Hammered like a DOWEL at an Amish barn raising" it is.

And your rendition of Mexicans and drywall was nicely smote. Well done.

 

NugginFuts's picture

Preach on, Brother Paul! Let the winds of economic apocalypse blow like a hurricane upon the house of cards!

And may it knock down some banks in the process.

Darktarra's picture

Kill and string up Yellen!!!!

Lynx Dogood's picture

All the major bankers! Yellen is a pawn.

stampman's picture

Yellen is the grandmotherly mask of Br'er Wolf.

Site's picture

I fucking hope so, would love to see these city fuckers starve straight to death

Billy the Poet's picture

Always looking on the bright side.

boiow's picture

Ron Paul is right.  This is how they bought down the market in 2008. 

https://www.youtube.com/watch?v=Sxz6gYIiFHc&t=1s

Dr.Carl's picture

Interesting. Maybe these politicians are not as stupid as we think

Thanks ZH.  And SW for spot on analysis and triggers.

 

https://www.facebook.com/166578775325/photos/a.10153488951800326.1073741...

Traderone's picture

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be here, they would be trading, DO NOT fall for this nonsense.

liquid150's picture

It's really hard to draw an arrow on a chart and publish it weeks after the move.

I'm still testing my bot which enables me to trade in the past. It's a WIP.

Yog Soggoth's picture

But he said he was a doctor and I got confused and gave him all my money. Picked Dr. Ron Paul as the gateway. What a scumbag.

Anasteus's picture

That's likely, indeed. The globalists certainly waste no time to make America great difficult.

undercover brother's picture

zzzzz...zzzzz....zzzzz....zzzzz....zzzzz.....zzzzz

TeethVillage88s's picture

I agree Trump know and Paul knows

- 100 Million working age in USA, not in labor force or unemployed
- Rampant Inflation in property taxes, utilities, food, entertainment, health care, drugs, tuition, government wages, executive wages
- Rampant Welfare

30 September 2014, Final Monthly Treasury Statement, Outlays and Revenues, Table 5.

Total—Department of Health and Human Services Outlays 2014 = $1.032 Trillion
Total—Department of Health and Human Services Outlays 2013 = $980.9 Billion
Total—Department of Health and Human Services Outlays 2000 = $405.5 Billion
Total—Department of Health and Human Services Outlays 1998 = $372.4 Billion

2014 HHS Payments to States for Child Support Enforcement
and Family Support Programs Outlays = $4.112 Billion
Refugees:
2014 HHS Refugee and Entrant Assistance outlays = $1.278 Billion
2014 HHS Child Care Entitlement to States outlays = $2.839 Billion
2014 HHS Temporary Assistance for Needy Families TANF outlays = $16.267 Billion
2014 HHS Low Income Home Energy Assistance outlays = $3.537 Billion
2014 HHS Children and families services programs outlays = $9.373 Billion

IRS:
2013 IRS Child Tax Credit = $21.6 Billion, Earned Income Tax Credit = $57.5 Billion (This is combined $100 Billion in 2016 from what I remember)

Department of Education:
2014 Total Outlays - Office of English Language Acquisition = $736 Million

Agriculture:
2014 Federal Outlays for SNAP, Child Nutrition, & WIC = $102 Billion

Department of Health and Human Services (MEDICAID):
2014 Outlays Federal Grants to States for Medicaid = $301 Billion

State Department:
2015 Total Outlays Migration and Refugee Assistance = $3.3 Billion

Edit2: Looks like $521.5 Billion Annually in Welfare (old data).

Rainman's picture

Don't worry, the King of Debt will handle this .... #haircuts

TheLastTrump's picture

There's no need to cast stones at Trump, it was inevitable long before he was elected.

cheka's picture

as long as the nyc HOLIDAY bonus pools are protected we avoid disaster

disaster = clawbacks, brain-drain