“Biggest Bubble in the History of Mankind” Is “Going To Burst” – Ron Paul
by Keris Lahiff via CNBC This market is in the “biggest bubble in the history of mankind,” Ron Paul told CNBC's “Futures Now” last Thursday. Access CNBC video here “I see trouble ahead, and it originates with too much debt, too much spending,” Paul said. Paul belongs to the Libertarian Party, a faction that emphasizes constrained government spending. He sees federal spending and monetary policy as dual forces inflating a market bubble. “The Congress spending and the Federal Reserve manipulation of monetary policy and interest rates - debt is too big, the current account is in bad shape, foreign debt is [...]