China and The Mother of All Bubbles

http://www.youtube.com/RonPaul2008dotcom
http://www.ronpaul2008.com

Category:

News & Politics

Tags:

• ron
• paul
• china
• bernanke
• cramer
• housing
• bubble
• fed

[JiveDadson]

Since I posted this back in August, the Fed has lowered rates twice. As predicted, that has caused foreigners to cut back on their lending to us. The TIC data today, Nov 16, showed that foreigners are for the second month in a row, not borrowing enough to cover the balance of trade deficit. That means inflation sooner rather than later.

[JiveDadson]

Oh my. I just came back to look at this. A lot of bubbles under the bridge since I posted this video. Two rate decreases by the Fed later, gold is north of $800 an ounce and the dollar is at its lowest ever. Something real funny happened in the currency and gold exchanges today, Nov 12, while trading was 25% of normal because of Veteran's day. In effect, Asia was the beneficiary of a huge gold give-away.

[vititom]

Everybody talks about the Chinese problem, that they will become a superpower, that they will own the US, but no American politician with chances of winning, or the incumbent, the White House has made a comment on the seriousness of this issue. Does that mean that politicians are ignoring the problem and are nothing but traitors or the problem is just not there?

[JiveDadson]

A small correction, if you please. There is one presidential candidate who has a great chance of winning who is eager to talk about it.

[whoisronpaul]

Inflation is a TAX! on everyone holding dollars. The Fed has created inflation constantly since it's inception. Good vid.

[KIDiotequeA]

Really appreciate these posts. Thanks for the work you're doing to get Ron Pauls name out there, and to inform the public..

[SKUNKBALLScom]

ronpaul 2012!!!!

[twylightsky2007]

And that's not even mentioning a trade deficit. What will other contries by with american dollars as more and more bussiness goes over seas? When we produce nothing but food? Suprise suprise about everything but agribussiness is hurting. The only value of american dallors is how many are in circulation and what you can buy with them... I scares me to ask.. what is american any more? and if you can't buy something that's american what are the dollars you hold worth? Now that's a harsher bubble.

[kfox66]

You want to know what happened to your country. Go ask the dumb asses who voted in bush (meat puppet). Oh by the way "Jive" thanks for your asinine comment about my hydrogen experiment. Seems you like paying for fossil fuels.

[viragemasta]

What happened? you're countrymen and women voted the wrong policy for the past 2 decades.

[cycosteve2006]

the dollar with be worth less than a mexican peso! what happened to my country?

[776281]

I am going to be a millionaire very soon. Will that be enough to fill the tank?

[ubornthick]

China is not only providing America with cheep goods its supplying America with cheep dollars to purchase those goods with ,sooner or later China will want to buy into banking ,high tech and strategic American/global industries/corporations or else.....

and will bankroll the American political system

Japan [and Arabs]has been financing USA debt up till now for geopolitical reasons affordability of USA military bases in the far and middle east .

[InTheSticks1881]

Love your bubbles!

[mandymac33]

I like worthless paper money, because it will be good for burning to heat my house when the money is not worth enough to pay the gas bill. VOTE RON PAUL