FLASHBACK: Ron Paul tells Americans to "Prepare for the Worst"; Predicts "Government Bond Bubble"

In 2001, Rep. Ron Paul (R-Texas) predicted the housing crisis on the floor of the House of Representatives.

In 2009, he gave a speech among friends predicting that another bubble has yet to burst: the government bond bubble. He in essence warned that the "solutions" taken to "save our economy" didn't; and that the worst has yet to come.