Today former US Treasury official, Dr. Paul Craig Roberts, warned King World News that 2014 will be a dangerous year of reckoning for the United States. Dr. Roberts also warned a collapse is coming that will be so powerful it will overrun the Exchange Stabilization Fund and other measures now in place by central planners to protect against such catastrohic market events. Below is what Dr. Roberts had to say in this remarkable interview.
Dr. Roberts: “The people who are saying that the Ukraine crisis will cause a flight to safety and a rise in the dollar’s value are overlooking the main impact of the crisis in the Ukraine which comes from Washington’s threat of sanctions against Russia. And the Russian government replied to this threat by announcing that they were simply leaving the dollar-based payment system….