 |
|
'It’s a bubble economy' & 'it’s going to come unglued'
Posted on: December 26, 2017 at 22:03:27 CT
JeffB MU
Posts:
72394
Member For:
21.45 yrs
Level:
User
M.O.B. Votes:
0
Ron Paul
http://www.washingtonexaminer.com/ron-paul-trump-may-be-vulnerable-to-2020-gop-primary-challenge/article/2644395
...Former Texas Rep. Ron Paul says a yearlong economic boom under President Trump is “a bit of an illusion” and that debt, inflation, and inequality could cause turmoil that benefits a “hardcore nucleus” of libertarians.
“The big opening for us is the fact that this system is coming apart. We’re on the verge of something like what happened in ‘89 when the Soviet system just collapsed,” he said. “I’m just hoping our system comes apart as gracefully as the Soviet system.”
Paul doesn’t believe the U.S. will break into separate countries, but instead expects a rethink of monetary policy and an end to what he considers a U.S. “empire” overseas.
“We have ownership of these countries, but it’s not quite like the Soviets did,” he said. “I think our stature in the world and our empire will end, and that’s when, hopefully, the doors will be open and [people will] say, ‘Hey, maybe these libertarians have some answers to this.’”
Paul said “the country’s feeling a lot better, but it’s all on borrowed money” and that “the whole system’s an illusion” built on corporate, personal, and governmental debt. “It’s a bubble economy in many many different ways and it’s going to come unglued,” he said.
The former congressman for years has presented issues in stark terms, refreshingly so for supporters and with an alarmist edge in the eyes of detractors.
...
Although broadly critical of Trump, Paul likes the president's talk about removing government regulations and implementing tax cuts.
“Trump’s being a good cheerleader. He’s a cheerleader for Wall Street, and I keep my fingers crossed, maybe lowering some of the taxes will help, certainly lowering the regulations. But I think the problems are so deep and structural,” he said.
Paul said he's disappointed with Trump's foreign policy, especially his approach toward North Korea and his support for Saudi Arabia's military role in Yemen.
“I think the foreign policy is a total disaster. Trump’s approach sounds good one day but the next day he’s antagonizing everyone in the world and thinks we should start a war here and there," he said. ...
Edited by JeffB at 22:05:12 on 12/26/17
http://www.washingtonexaminer.com/ron-paul-trump-may-be-vulnerable-to-2020-gop-primary-challenge/article/2644395
...Former Texas Rep. Ron Paul says a yearlong economic boom under President Trump is “a bit of an illusion” and that debt, inflation, and inequality could cause turmoil that benefits a “hardcore nucleus” of libertarians.
“The big opening for us is the fact that this system is coming apart. We’re on the verge of something like what happened in ‘89 when the Soviet system just collapsed,” he said. “I’m just hoping our system comes apart as gracefully as the Soviet system.”
Paul doesn’t believe the U.S. will break into separate countries, but instead expects a rethink of monetary policy and an end to what he considers a U.S. “empire” overseas.
“We have ownership of these countries, but it’s not quite like the Soviets did,” he said. “I think our stature in the world and our empire will end, and that’s when, hopefully, the doors will be open and [people will] say, ‘Hey, maybe these libertarians have some answers to this.’”
Paul said “the country’s feeling a lot better, but it’s all on borrowed money” and that “the whole system’s an illusion” built on corporate, personal, and governmental debt. “It’s a bubble economy in many many different ways and it’s going to come unglued,” he said.
The former congressman for years has presented issues in stark terms, refreshingly so for supporters and with an alarmist edge in the eyes of detractors.
...
Although broadly critical of Trump, Paul likes the president's talk about removing government regulations and implementing tax cuts.
“Trump’s being a good cheerleader. He’s a cheerleader for Wall Street, and I keep my fingers crossed, maybe lowering some of the taxes will help, certainly lowering the regulations. But I think the problems are so deep and structural,” he said.
Paul said he's disappointed with Trump's foreign policy, especially his approach toward North Korea and his support for Saudi Arabia's military role in Yemen.
“I think the foreign policy is a total disaster. Trump’s approach sounds good one day but the next day he’s antagonizing everyone in the world and thinks we should start a war here and there," he said. ...
Edited by JeffB at 22:05:12 on 12/26/17
Please explain why this message is being reported.
MESSAGE THREAD
'It’s a bubble economy' & 'it’s going to come unglued' - JeffB MU - 12/26 22:03:27