Saturday, August 2, 2008
7/29/2008 Ron Paul Interview with Glenn Beck where the Congressman warns that something big is about to happen, economically speaking.
Some have questioned whether we are going into depression or collapse, thinking that a recession is all at hand. There are thousands of trillions of derivatives in the financial sector, worth many thousands times more than all of the value of the entire world. When, not if, investors realise the reality, when they try to withdraw, there will be a run on the world economy. Not a run on a bank. A run on the world economy. Your currency will be worth nothing, and nobody will be able to fund the food distribution and supermarket system.