The following comes from a CNBC article entitled “Ron Paul: US is
barreling towards a stock market drop of 50% or more, and there’s no way
to prevent it”… According to the former Republican Congressman from
Texas, the recent jump in Treasury bond yields suggest the U.S. is
barreling towards a potential recession and market meltdown at a faster
and faster pace. And, he sees no way to prevent it.
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