From LewRockwell.com:

Scary times ahead? Perhaps, if you take credence in what Rep. Ron Paul, R-Texas, says.

Paul explained on Glenn Beck's Sept. 30 radio program that perilous times lie ahead due to the Federal Reserve's loose monetary policy. Host Glenn Beck asked how an Israeli strike against Iran might trigger problems with the American financial system.

The libertarian Paul maintained China would become the world's financial heavyweight and they were already making preparations to be the world's top dog.

"I think the Chinese take over," Paul said. "If there's a real panic and oil shoots up to a couple of hundred bucks, the Chinese will dump their dollars."

Read full article (with video)...

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