Dr. Ron Paul, US Congressman and champion of the Constitution, joins Alex Jones to discuss the state of the economy, the debt ceiling, and his 2012 Presidential campaign.
Dr. Paul thinks the status of the US dollar as the reserve currency will end much sooner than 25 years. He believes the coming currency crisis will be much worse than the financial crisis of 2008.
The US has defaulted multiple times in its history, Dr. Paul explains. He points out that the current debt cannot be paid off. Those in CDs will get cheated because of the value loss in the US dollar, Dr. Paul argues. He predicts the anger in Greece will happen in America, as people discover that government promises aren’t coming through and young people realize they’re getting ripped off.
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