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Wednesday, April 27, 2016
Paul Craig Roberts SERIOUS ECONOMIC DETERIORATION
Dr. Paul Craig Roberts has a new book out titled “The Neoconservative Threat To World Order.” In it, he talks about the dreadful shape of the global economy and how war might be forced on the world. Dr. Roberts, who is also a former Assistant Treasury Secretary, says, “The Neoconservative ideology is American world hegemony . . . this means you have to subdue the others, and this includes Russia and China. These are two nuclear powers with massive military capabilities, and they are in the way of the Neoconservative agenda of World Empire . . . . So, the Neoconservatives are driving the United States and Western Europe into conflict with Russia and China. Russia and China are not going to give up and be American vassals. . . . Our economy is a house of cards. It’s held up by the Federal Reserve. The question is how long can they hold it up? . . . There is no way around the coming war unless the American empire begins unraveling, which it could do.”
Saturday, June 16, 2012
Paul Craig Roberts Explains US Government Gold Market Rigging
Greece is insolvent. Spain just got a big bank bailout, and Ireland wants a new bailout deal. There has been plenty of calamitous news surrounding the European debt crisis. No matter how bad it looks in the EU, Paul Craig Roberts says the problems in Europe are "nowhere near as big as the ones here." The U.S. is printing massive amounts of money to paper over the mess, but it won't work. Roberts says a collapse of the U.S. dollar could happen at any moment. It could be triggered by any number of things such as war or a derivatives meltdown. When a former Assistant Treasury Secretary (under the Reagan Administration) and a PhD in economics sounds the alarm bell, people should take cover. Dr. Roberts says, "The cliff dive we are experiencing in housing isn't over," and precious metals prices are "being suppressed." Roberts says, "Gold prices should be rising. Why? Because the debt is rising." What is the reason why Dr. Roberts thinks the suppression game has gotten so intense? Dr. Roberts says, "The fact that they are driving the price down suggests to me the situation is getting more desperate." Greg Hunter of USAWatchdog.com interviews Paul Craig Roberts one on one about these subjects and more.