Ron Paul Liberty Report - Unemployment Crisis 2025 Philip Patrick’s Warning Signs to Watch

Dec. 12, 2025 - Ron Paul Liberty Report

02:35

Unemployment Crisis 2025 Philip Patrick’s Warning Signs to Watch

The unemployment crisis of 2025 is unfolding faster than most people realize. In this video, Philip Patrick breaks down the key warning signs you need to watch—from sudden layoffs and hiring freezes to automation, AI disruption, and tightening credit conditions. We examine what the latest labor data is really telling us, which industries are most at risk, and how global economic pressures are reshaping the job market. Philip Patrick also explains how unemployment trends can impact inflation, interest rates, housing, and everyday household finances. Whether you’re an employee, business owner, investor, or just trying to stay ahead of what’s coming, this breakdown will help you understand what’s happening before it hits home.
[Read More]

Time	Text
Gyrations in Value 00:02:35
	We have the economist from the Birch Gold Group, Philip Patrick.
	He's an expert on precious metals, and we will once again pick his brain and get him to answer all the questions that we have.
	Philip, it's good to have you on the program again.
	It's an honor.
	Thank you for having me, Dr. Paul.
	Very good.
	You know, there's been a lot of gyrations going on, you know, in the markets.
	Stocks are way up.
	You know, I keep thinking about Mises' prediction of a crack-up boom, and some of that stuff is cracking up, but not quite what Mises predicts.
	He says everything goes, and everybody rushes out of money, and they buy stuff no matter what.
	But there are days, I imagine you've recognized them, where gold, boy, just look at what gold's doing.
	You say, it can't be rational.
	And yet I say to myself, but we predicted this.
	People do about it.
	Austrian economics taught this.
	So it is believable.
	It's still shocking.
	And same way with silver.
	Who would have ever thought?
	Well, a lot of people have.
	They thought about it.
	They knew it could happen.
	But then still were shocked that it happened.
	$60 for silver.
	So there are a lot of gyrations.
	But the big thing is, is we always talk about price of silver and precious metals and gold.
	But we should always be talking about the value of the currency.
	And the dollar is under siege, and it's the reserve currency of the world, and it makes a big difference.
	And it's under an attack.
	And this to me is very, very serious as far as things go because people work with the dollar and they have a unit of account.
	And we have essentially a unit of account that's universal because we have the reserve currency of the world.
	But the whole thing is the unit of account should be something you could define and be relatively stable, but not.
	So we end up with statistics and telling us what's happening.
	So I'm not surprised that it's difficult to figure out exactly what is the employment doing.
	Sometimes we see it, oh, it looks like employment's fine.
	And then you look at another spot, businesses are closing down and they don't coincide.
	Do you have a thought on that, on why we might be getting these different statistics?
	They don't seem to be conventional.

Time

Text

Gyrations in Value 00:02:35

We have the economist from the Birch Gold Group, Philip Patrick.

He's an expert on precious metals, and we will once again pick his brain and get him to answer all the questions that we have.

Philip, it's good to have you on the program again.

It's an honor.

Thank you for having me, Dr. Paul.

Very good.

You know, there's been a lot of gyrations going on, you know, in the markets.

Stocks are way up.

You know, I keep thinking about Mises' prediction of a crack-up boom, and some of that stuff is cracking up, but not quite what Mises predicts.

He says everything goes, and everybody rushes out of money, and they buy stuff no matter what.

But there are days, I imagine you've recognized them, where gold, boy, just look at what gold's doing.

You say, it can't be rational.

And yet I say to myself, but we predicted this.

People do about it.

Austrian economics taught this.

So it is believable.

It's still shocking.

And same way with silver.

Who would have ever thought?

Well, a lot of people have.

They thought about it.

They knew it could happen.

But then still were shocked that it happened.

$60 for silver.

So there are a lot of gyrations.

But the big thing is, is we always talk about price of silver and precious metals and gold.

But we should always be talking about the value of the currency.

And the dollar is under siege, and it's the reserve currency of the world, and it makes a big difference.

And it's under an attack.

And this to me is very, very serious as far as things go because people work with the dollar and they have a unit of account.

And we have essentially a unit of account that's universal because we have the reserve currency of the world.

But the whole thing is the unit of account should be something you could define and be relatively stable, but not.

So we end up with statistics and telling us what's happening.

So I'm not surprised that it's difficult to figure out exactly what is the employment doing.

Sometimes we see it, oh, it looks like employment's fine.

And then you look at another spot, businesses are closing down and they don't coincide.

Do you have a thought on that, on why we might be getting these different statistics?

They don't seem to be conventional.