Ron Paul explains the Subprime mortgage crisis and predicts the dollar collapse (VIDEO)

If you REALLY want to understand what happened in 2008 read Meltdown by Tom Woods. It’s not a tome. Quick read and common sense.

Everyday people would be wise to understand the basics of what is called “Austrian Economics.” The Austrians, not the people who run the Fed, or bobble along on CNBC and Bloomberg were the ones who were right about The Crash we saw in 2008 (and the Great Depression for that matter).

Here, a bit of a flashback. Ron Paul explains correctly what happened to our economy pre-2008.