Former Texas Congressman and Presidential hopeful, Ron Paul issue dire warning about a coming economic crash. Which is weird, considering we had the lowest unemployment, lowest interest rates, lowest inflation just 3 years ago.
Ron Paul and his economic nonprofit the Ron Paul Institute for Peace and Prosperity released an article from one of President Bill Clintons former advisors about how our national debt is growing too quickly and will eventually lead to a catastrophic economic collapse.
In the article that you can watch in the video, there are reports that showcase the CBO or the Congressional Budget Office predicts that interest on the national debt is already on track to consume 40% of the federal budget by 2052 and will surpass defense spending by 2029.
Big governments spending is out of control, and they are putting our children and grandchildren in an impossible situation. Congressman Ron Paul is right, and this problem has to be fixed. The spicket needs to be turned off and he government needs to be put into check.
Join Mr. Seth Holehouse and Dr. Kirk Elliott PhD as they discuss the looming economic collapse of the world markets and what you can expect and prepare for to protect yourself and your loved ones.