Will Ron Paul be Right???? ... WHO KNOWS....But-IF-and only IF-he is right, could this be the catalyst that produces a restructured economy that - And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. Revelation 13:17...Of course there have been many predictions like this the last decade and none have happened yet...we shall see..
"Ron Paul is warning this year's corrections could be a precursor to an epic market collapse that may come sooner than investors think.
According to the former Republican presidential candidate, Wall
Street is becoming more vulnerable to near-depression conditions within the next 12 months.
"Once this volatility shows that we're not going to resume the bull market, then people are going to rush for the exits," Paul said Thursday on CNBC's "Futures Now." The relentlessly bearish former congressman added that "It could be worse than 1929."
During that year, the stock market began hemorrhaging, falling almost 90 percent and sending the U.S. economy into a tailspin."
CNBC
"Ron Paul is warning this year's corrections could be a precursor to an epic market collapse that may come sooner than investors think.
According to the former Republican presidential candidate, Wall
"Once this volatility shows that we're not going to resume the bull market, then people are going to rush for the exits," Paul said Thursday on CNBC's "Futures Now." The relentlessly bearish former congressman added that "It could be worse than 1929."
CNBC