I think things will get worse in time, but again; the worse things gets the more money will be printed. So the notion of the stimulus running out is like saying "when oxygen runs out" to my ears. Of course hyperinflation is a likely result. The USA just endured a hyperinflationary collapse as a result of the stimulus. The stimulus pushed oil and other commodities high enough to collapse the consumer and the world economy tanked. The result of the collapse was met with yet more stimulus.
Yes, the old way is going away....because change is going to happen. Sure there are going to be some bumps along the way, but we don't have enough information by a longshot to conclude it's going to be "bad". The new scenarios are too numeros to even imagine....and a lot of them could be very positive. Change is needed. If it's bad now, a change could mean to something better.
Mr Celente is correct. There is no real recovery, except for the MSM's spin.
The FRN$ is doomed by its engine of inflation: the FED.
Every single nation that has relied on fiat (forced) currency & credit in circulation has failed, some more catastrophically than others, but all have failed.
The USG is bankrupt by trillions of FRN$,and is running on sheer momentum. When the world and the US public lose confidence in the fraud, the jig will be up overnight.
Gerald is great (but) I differ on one significant point. Even the woman in the video said the same thing that I tend to disagree with. Both the woman and Gerald seem to think that the stimulus will run out. I don't think Bernanke will turn off the stimulus come hell or high water. The presses will run full steam until the economy recovers or falls prey to another recessionary collapse like in 2008. Bernanke and Geithner both believe in bailouts and stimulus - that's the only plan on the table.
@vimzibaiegh Well, the stimulus is only as effective as the value of the currency being used to stimulate. If the currency is valued at zero, there can be no stimulus. Bernanke can print as much of the USD as he wants when the currency becomes valued at zero, but it'll still just be worthless paper with fancy printing on it.
CIT 101-year-old commercial lender that saw its funding dry up in the credit crunch, filed for Chapter 11Bakruptcy. This is another big news but the mainstream online news like yahoo, cnn, Washington post etc is not reporting it on Monday and instead reporting surge in the market and Fords Motor profit. The implication of CIT Bankruptcy is that the government TARP bailout is not actually working.
People better wake up to the reality of it all. This is global meltdown, the why's and wherefores are infinite, the clear picture is of a world in decline, leading to international strife as each nation seeks its own intersets. Which will lead to greater conflicts between nations and within nations. The politicians are running around the globe like headless chickens, as the world heads towards a catastrophe of their making. Like Gerald Celente so clearly explained, the truth is frightening.
Greatest Recovery? Recovery of what? Recovery of spending bored money? We need a growth of at least 25% to make the debt clock stop.... Guys, US is going down...! get it, eat it, and there is nothing you can do about it. Just spending money out of you credit card...
@fragaboveyou If that's the case, why did you click an RT video? Go back to watching Fox "News" since you're so "American"...dumbass...
1XMarksSpot 1 year ago
GOD, Please bless us..
loymonteiro 2 years ago
I think things will get worse in time, but again; the worse things gets the more money will be printed. So the notion of the stimulus running out is like saying "when oxygen runs out" to my ears. Of course hyperinflation is a likely result. The USA just endured a hyperinflationary collapse as a result of the stimulus. The stimulus pushed oil and other commodities high enough to collapse the consumer and the world economy tanked. The result of the collapse was met with yet more stimulus.
vimzibaiegh 2 years ago
Yes, the old way is going away....because change is going to happen. Sure there are going to be some bumps along the way, but we don't have enough information by a longshot to conclude it's going to be "bad". The new scenarios are too numeros to even imagine....and a lot of them could be very positive. Change is needed. If it's bad now, a change could mean to something better.
JFM135 2 years ago
Change is needed, but it's not happening.
raygunsben 2 years ago
Mr Celente is correct. There is no real recovery, except for the MSM's spin.
The FRN$ is doomed by its engine of inflation: the FED.
Every single nation that has relied on fiat (forced) currency & credit in circulation has failed, some more catastrophically than others, but all have failed.
The USG is bankrupt by trillions of FRN$,and is running on sheer momentum. When the world and the US public lose confidence in the fraud, the jig will be up overnight.
Parapacem, parabellum.
brojiml 2 years ago 2
Gerald is great (but) I differ on one significant point. Even the woman in the video said the same thing that I tend to disagree with. Both the woman and Gerald seem to think that the stimulus will run out. I don't think Bernanke will turn off the stimulus come hell or high water. The presses will run full steam until the economy recovers or falls prey to another recessionary collapse like in 2008. Bernanke and Geithner both believe in bailouts and stimulus - that's the only plan on the table.
vimzibaiegh 2 years ago
The presses will run full steam until the economy recovers....
Ever heard of Hyperinflation???
flanger7777 2 years ago 2
@vimzibaiegh Well, the stimulus is only as effective as the value of the currency being used to stimulate. If the currency is valued at zero, there can be no stimulus. Bernanke can print as much of the USD as he wants when the currency becomes valued at zero, but it'll still just be worthless paper with fancy printing on it.
1XMarksSpot 1 year ago
CIT 101-year-old commercial lender that saw its funding dry up in the credit crunch, filed for Chapter 11Bakruptcy. This is another big news but the mainstream online news like yahoo, cnn, Washington post etc is not reporting it on Monday and instead reporting surge in the market and Fords Motor profit. The implication of CIT Bankruptcy is that the government TARP bailout is not actually working.
junevi2000 2 years ago 2
CIT was bailed out for 7 Billion by taxpayer's money
junevi2000 2 years ago
People better wake up to the reality of it all. This is global meltdown, the why's and wherefores are infinite, the clear picture is of a world in decline, leading to international strife as each nation seeks its own intersets. Which will lead to greater conflicts between nations and within nations. The politicians are running around the globe like headless chickens, as the world heads towards a catastrophe of their making. Like Gerald Celente so clearly explained, the truth is frightening.
TRUEANGLO 2 years ago 3
Greatest Recovery? Recovery of what? Recovery of spending bored money? We need a growth of at least 25% to make the debt clock stop.... Guys, US is going down...! get it, eat it, and there is nothing you can do about it. Just spending money out of you credit card...
walcas007 2 years ago 2
3.5% growth ? ... sounds like the recession is over to me - the Greatest Recovery is just getting started !
florgat91 2 years ago
The same government couldn't even decide when the recession began. Now they're saying it's over? WTF?
welhungjohnson 2 years ago 11
@welhungjohnson LOL That's riiiiight.
1XMarksSpot 1 year ago