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Ron Paul Predicted Economic Collapse

U.S. Sen. Ron Paul, R-Texas, likely feels like he’s talking to a wall. A serious plunge in the stock market this week occurred after the fire sale of Merril Lynch to Bank of America and the bankruptcy of Lehman Brothers Holding. With the falling value of the dollar and a tremendous national debt, the Bush administration has now taken up a “no more bailouts” stance. There just isn’t any money left in the U.S. piggy bank.

Could we be headed into another great depression? Strangely enough, Paul saw a worldwide economic crisis coming nearly a year ago.

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