{"id":16424,"date":"2015-06-19T18:38:17","date_gmt":"2015-06-19T18:38:17","guid":{"rendered":"https:\/\/stateofthenation2012.com\/?p=16424"},"modified":"2015-06-19T18:40:52","modified_gmt":"2015-06-19T18:40:52","slug":"stock-market-chaos-coming-ron-paul","status":"publish","type":"post","link":"https:\/\/stateofthenation2012.com\/?p=16424","title":{"rendered":"Stock market &#8216;on the verge of a massive collapse&#8217; &#8212; Ron Paul"},"content":{"rendered":"<h1 class=\"title\">Ron Paul: Stock market &#8216;day of reckoning&#8217; is near<\/h1>\n<p>Amanda Diaz<br \/>\nCNBC<\/p>\n<div class=\"group-container \">\n<div class=\"player embed-container cnbcvideo autoplay\"><iframe loading=\"lazy\" id=\"player_0_2\" class=\"player\" src=\"http:\/\/player.cnbc.com\/inline_carousel_article?byGuid=3000389601|3000389600|3000389598&amp;autoPlay=true&amp;ordered=true#playerurl=http%3A\/\/www.cnbc.com\/id\/102771518\" width=\"533\" height=\"500\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-src=\"http:\/\/player.cnbc.com\/inline_carousel_article?byGuid=3000389601|3000389600|3000389598&amp;autoPlay=true&amp;ordered=true\"><\/iframe><\/div>\n<div class=\"group\">\n<p>Despite record highs in the market, former Rep. <a href=\"http:\/\/www.cnbc.com\/id\/10000498\" target=\"_blank\">Ron Paul<\/a> says the Fed&#8217;s easy money policies have left stocks and bonds are on the verge of a massive collapse.<\/p>\n<p><!--more--><\/p>\n<p>&#8220;I am utterly amazed at how the <a href=\"http:\/\/www.cnbc.com\/id\/10000709\" target=\"_blank\">Federal Reserve<\/a> can play havoc with the market,&#8221; Paul said on CNBC&#8217;s &#8220;<a href=\"http:\/\/www.cnbc.com\/id\/48227449\" target=\"_blank\">Futures Now<\/a>&#8221; referring to Thursday&#8217;s surge in stocks. The <a class=\"inline_quotes\" href=\"http:\/\/data.cnbc.com\/quotes\/.SPX\" target=\"_blank\" data-gdsid=\"593933\" data-inline-quote-symbol=\".SPX\">S&amp;P 500<\/a> closed less than 1 percent off its all-time high. &#8220;I look at it as being very unstable.&#8221;<\/p>\n<p>In Paul&#8217;s eyes, &#8220;the fallacy of economic planning&#8221; has created such a &#8220;horrendous bubble&#8221; in the bond market that it&#8217;s only a matter of time before the bottom falls out. And when it does, it will lead to &#8220;stock market chaos.&#8221;<\/p>\n<\/div>\n<\/div>\n<div class=\"group-container last\">\n<div class=\"group\">\n<p>As far as when the bubble will burst, the former Republican presidential candidate said, &#8220;I don&#8217;t think there&#8217;s any way to know what the [timeline] is, but after 35 years of a gigantic bull market in bonds, [the Fed] cannot reverse history and they cannot print money forever.&#8221;<\/p>\n<p>Of course, Paul has been known to make <a href=\"http:\/\/www.cnbc.com\/id\/101876532\" target=\"_blank\">similar calls in the past<\/a>, but even as stocks continue to make new highs, he remains just as convicted as ever that there &#8220;will be a day of reckoning&#8221; that will lead to a collapse in both the fixed income and equity markets.<\/p>\n<p>&#8220;I think [the crash] is going to be much greater [than 10 percent] and it will probably go a lot lower than people say it should,&#8221; said Paul. &#8220;I don&#8217;t think it&#8217;s going to be just a correction.&#8221;<\/p>\n<p>Paul added, eventually investors will &#8220;lose confidence&#8221; in the Fed, and when they do, the market could witness a &#8220;very big crash.&#8221;<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ron Paul: Stock market &#8216;day of reckoning&#8217; is near Amanda Diaz CNBC Despite record highs in the market, former Rep. Ron Paul says the Fed&#8217;s easy money policies have left stocks and bonds are on the verge of a massive &hellip; <a href=\"https:\/\/stateofthenation2012.com\/?p=16424\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16424","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts\/16424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16424"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts\/16424\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}