Sunday, August 15, 2010

Ron Paul Predicts Recession of 1987 in 1983

Ron Paul predicted the recession of 1987 several years before it happened, and blamed it on bad monetary policy. He was right.

More recently, and perhaps more memorably, he predicted the recession of 2007 (which is still going) and said it would be because of bad monetary policy. FOX news, as well as all the other corporate media, declared him crazy. He was right, the media was wrong, yet they'll never admit it... just like they didn't admit he was right back then. WAKE UP PEOPLE!