Ron Paul predicts an economic crisis as the end result of the government’s fiscal policies.

Dr. Ron Paul was formerly the U.S. Representative for Texas’s 14th congressional district. He has also been a three‐​time candidate for President of the United States; as a Libertarian in 1988 and as a Republican in 2008 and 2012. He is the father of Senator Rand Paul.

Dr. Ron Paul was formerly the U.S. Representative for Texas’s 14th congressional district. He has also been a three‐​time candidate for President of the United States; as a Libertarian in 1988 and as a Republican in 2008 and 2012.

Paul speaks at a meeting of the Economic Club of Detroit in 1988. He warns of a coming economic crisis, which he claims is the end result of the government’s fiscal and monetary programs.