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Top Economist Warns Of "Serious Breakdown" In World Financial System

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  • Paul Joseph Watson
    Top Economist Warns Of Serious Breakdown In World Financial System Father of Reaganomics warns that massive interest rate cut could undermine dollar s status
    Message 1 of 1 , Jan 22, 2008
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      Top Economist Warns Of "Serious Breakdown" In World Financial System
      Father of Reaganomics warns that massive interest rate cut could undermine dollar's status as world reserve currency

      Paul Joseph Watson
      Prison Planet
      Tuesday, January 22, 2008

      Father of Reaganomics and former editor of the Wall Street Journal Paul Craig Roberts today warned that the Fed's shock 75 basis points interest rate cut would only succeed in putting average families through the ringer and could even portend the collapse of the dollar as the world reserve currency.

      http://www.prisonplanet.com/articles/january2008/012208_serious_breakdown.htm

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