Global Crash Coming

June 18, 2008

http://www.lewrockwell.com/blog/lewrw/archives/021587.html

Global Crash Coming

Posted by Lew Rockwell at June 18, 2008 07:05 AM

Or so says the RBS. Reports Ambrose Evans-Pritchard: "The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks." Read the rest, though the article excuses, as is usual with the media, the central banks. "Paralyzed by inflation"? Translation: the Fed and its partners in crime have inflated so much (and causing the inflationary depression) that they fear global hyperinflation--Zimbabweworld--and therefore have to counterfeit less, and won't have their usual bailout tools. Poor babies. Greenspan, Bernanke, the rest of the Fed board of governors, economists who shill for the Fed (almost all of them except those associated with the Mises Institute): we need a whole list of the people to blame for the Bush Depression. Want the truth and the antidote? Read Rothbard and Mises and Hazlitt. Ron Paul too.

I also believe a global crash is coming, however I don't believe Rothbard, Mises, and Hazlitt or Ron Paul has the answers. I suggest reading Pat Buchanan's book " A Republic Not an Empire ".