{"id":31993,"date":"2018-03-06T19:04:00","date_gmt":"2018-03-07T00:04:00","guid":{"rendered":"http:\/\/olduvai.ca\/?p=31993"},"modified":"2018-03-06T19:04:00","modified_gmt":"2018-03-07T00:04:00","slug":"ron-paul-fears-huge-correction-in-stocks-warns-its-going-to-be-a-calamity","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=31993","title":{"rendered":"Ron Paul Fears &#8220;Huge&#8221; Correction In Stocks, Warns &#8220;It&#8217;s Going To Be A Calamity&#8221;"},"content":{"rendered":"<div id=\"block-zerohedge-page-title\" class=\"block block-core block-page-title-block\">\n<h3 class=\"page-title\"><a href=\"https:\/\/www.zerohedge.com\/news\/2018-03-06\/ron-paul-fears-huge-correction-stocks-warns-its-going-be-calamity\"><span class=\"field field--name-title field--type-string field--label-hidden\">Ron Paul Fears &#8220;Huge&#8221; Correction In Stocks, Warns &#8220;It&#8217;s Going To Be A Calamity&#8221;<\/span><\/a><\/h3>\n<\/div>\n<div id=\"block-zerohedge-content\" class=\"block block-system block-system-main-block\">\n<article class=\"node node--type-article node--view-mode-full\" role=\"article\">\n<footer class=\"node__meta\">\n<div class=\"submission-wrapper\"><\/div>\n<div class=\"a2a_kit a2a_kit_size_32 a2a_default_style\" data-a2a-icon-color=\"#222\">\n<div><\/div>\n<\/div>\n<\/footer>\n<div class=\"node__content\">\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><strong><em>&#8220;I think we have a greater distortion and a financial danger sitting out there bigger than ever before,&#8221;<\/em><\/strong> warned former presidential candidate Ron Paul in an ominous<a href=\"https:\/\/www.cnbc.com\/2018\/03\/06\/trump-tariff-or-not-ron-paul-warns-a-calamity-will-hit-stocks.html\"> interview with CNBC <\/a>this week.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-03-06_7-16-17.jpg?itok=WFhV3sUO\" \/><\/p>\n<p>While markets briefly got nervous over Trump&#8217;s tariffs last week, Paul warns<strong> Wall Street is missing the bigger picture and that the real trouble stems from Fed policy and easy money<\/strong>&#8230;<\/p>\n<blockquote><p>&#8220;If the Fed continues on the things that they are sort of planning on doing,<strong> it&#8217;s going to be a calamity.<\/strong>&#8220;<\/p><\/blockquote>\n<p>The former Texas congressman explained that The Fed has made critical policy errors that have helped caused a &#8220;<strong>rigged economy.<\/strong>&#8221;<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/player.cnbc.com\/p\/gZWlPC\/cnbc_global?playertype=synd&amp;byGuid=7000003370&amp;size=530_298\" width=\"560\" height=\"315\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/p>\n<p>It&#8217;s the debt, stupid, is Paul&#8217;s clear message&#8230;<\/p>\n<blockquote><p>&#8220;<strong>Everything is just very burdened with debt, and there&#8217;s no stopping it.<\/strong>&#8220;<\/p><\/blockquote>\n<p>According to Paul&#8217;s latest prediction, the February pullback may be just a blip compared to what&#8217;s ahead.<\/p>\n<blockquote><p>&#8220;The <strong>correction is going to be huge<\/strong>, and I don&#8217;t think anybody can predict. But <strong>I think this correction we had in &#8217;08 and &#8217;09 wasn&#8217;t allowed to really go its course and restore some sensibility to the market.<\/strong> I think that&#8217;ll be a mild correction compared to what could happen.&#8221;<\/p><\/blockquote>\n<p>Paul warns<strong> investors should not be shocked by a stock market plunge as deep as 50 percent<\/strong>.<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ron Paul Fears &#8220;Huge&#8221; Correction In Stocks, Warns &#8220;It&#8217;s Going To Be A Calamity&#8221; &#8220;I think we have a greater distortion and a financial danger sitting out there bigger than ever before,&#8221; warned former presidential candidate Ron Paul in an ominous interview with CNBC this week. While markets briefly got nervous over Trump&#8217;s tariffs last [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[964,195,7844,19110,303,9937,3650,860],"class_list":["post-31993","post","type-post","status-publish","format-standard","hentry","category-economics","tag-cnbc","tag-debt","tag-donald-trump","tag-dr-ron-paul","tag-fed","tag-tariffs","tag-us-federal-reserve","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31993"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31993\/revisions"}],"predecessor-version":[{"id":31994,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31993\/revisions\/31994"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}