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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Chispas who wrote (7980)	2/14/2004 10:00:49 AM
From: Chispas	Read Replies (2) \| Respond to of 110194

Does this mean a depression? Long, long, interview with Ron Paul.... RP: I think it is going to be very, very bad. We are much poorer than we think we are. The debt, however, will not be paid. Some actually think the $7 trillion can be paid off. But the debt will be liquidated. The danger is that there is a lot of turmoil when that happens. There is also the fear that in order to keep order we will resort to having a much stronger Executive Branch—a centralized power in one man. I am just hoping and praying that we get enough information out there and that the people will not resort to a complete statist takeover—that is, the idea that the government has to take care of us rather than us opting for the freedom to take care of ourselves. (Before you click, remember, this is a LONG interview.) rutherford.org