Hmmm! It's gonna be a real toughie!
We've been hanging on to America's shirt tails for 60 years
The American Empire is dying and very soon the United Kingdom will have to stand on its own two feet
A Ron Paul presidency will force America to adopt fiscal conservatism and possibly a return to gold backed currency. This will make life very uncomfortable for the British people, whose 'prosperity' is dependent on an infinite supply of money. Like America, our asset wealth is mostly owned with debt. A LOT of debt!
How will the European countries finance their deficits, the labyrinth of entitlements and public sector pensions in this new world of fiscal responsibility?
The welfare system will have to die.
There are 3 alternatives, tax people more....MUCH more..but that is likely to cause serious problems in our faux democracy.
Or hyperinflation......and inflation is tax by the back door. The government effectively steals the value of our money by creating more and more of it. Money supply is growing at nearly 5 times our GDP and around 4 times faster than our joke inflation measure, the CPI
The 3rd solution, a foregone conclusion in my opinion, will be the end of the welfare dependancy that is sucking this country dry. No more benefits, no more holiday pay, no more malingering on sickness benefits, No more final salary pension schemes for the public sector workers and unfortunately, no more NHS.
Sterling is the most overvalued currency on the planet. The death of the dollar will precipitate a run on Sterling that will devastate the pensions and savings of the British people.
The death of the welfare state will be the consequence of 10 years of NuLabour's prosperity by debt.
It all sounds awful doesn't it?
But it isn't, and if you want to find out why just listen to Ron Paul.