Gerald Celente - The Crash of 2010 Has Begun as Predicted

http://RT.com AND http://www.youtube.com/RussiaToday The House voted to increase to the legal debt limit to $14.3 trillion. Another way of describing it is that the House voted to allow the government to go $1.9 trillion deeper in debt - or about $6,000 more for every U.S. resident. The Senate approved a similar measure last week and the bill will now go to President Barack Obama and be signed into law. If Congress doesn't hike the debt ceiling, the U.S. would be unable pay Social Security and Medicare payments.
-rt.com-

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News & Politics

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• gerald
• celente
• debt
• crash
• 2010
• government
• budget
• obama
• congress
• rt
• nwotaser

[joneselius]

@MrFatbee Israel is a horrible place. Their obsession with land, at the expense of the poor, is harrowing.

You're lack of empathy for those who suffered in Gaza is striking. Israel over the last nine years has lost about 40 odd people. 1,490odd Palastinians have been killed.

The Israeli's don't even recognize the Palastinians as people! They call them dogs. Human rights (if we're to move forward as a species) needs to be paramount to a 'covilised' country. This world is messed up.

[PragmaticStatistic]

While no one would work for $2 a day, however, the debt scenario Celente talks about is real, and so is the possiblity of another financial collapse. There is a real crisis coming. See several of the videos on my channel page about the Next Big Crisis, the Push for a North American Union with a new deflated currency,and the Top 5 reasons to Regulate Derivatives.

[rememrald30]

From the beginning of time. People have been smart not to overpopulate, and only use what they need.

But certain strings of our human race have decided to believe that they deserve more then everyone else.

More kids, that they want everyone else to pay for, 5,000 dollar shower curtains, as with that dumb polish ceo, a thousand pairs of shoes, as with that dumb guatemalen dictatotor bich, get rid of these people, dont let them breed, dont let them live.

[terrygand]

As in the UK,Europe, the USA is living on Credit Cards. I was told by an Economist that to get back `our` industrial jobs ,we will have to have the same income levels as India,China and Indonesia ! I wonder how many `westerners` are willing or, able to `support` a family on $1 per hour? The truth is , we have broken the `rules` of economics! We are living/existing above our means, it is that simple. We should not `Blame` Asia, why not change your `lifestyle` ? Learn Chinese,Hindi, Prepare!!!

[PragmaticStatistic]

@Luigi84289 Look at Mahatma Gandi and Martin Luther King. Both achieved great changes without violence. Unfortunately, we need the corporate oligrachy to keep the economy growing, but at a reduced level of influence in DC. We need to limit the amount of corporate lobbying & business intervening in government to get government to intervene in business to gain an advantage over their competitition and us consumers. We need a US consumer protest against the products of multinational corporations.

[Luigi84289]

@PragmaticStatistic I agree completely but the state won't just let us peacefully destroy it. What it took in Russia was for the the people to stand up to the army and force the Government to sign itself away. I cannot see that happening in America. Our type of Corporate Fascism is continually castrating the masses. We are full of fear and most people fear losing the Federal Government whom is deified to the level of full blown god hood most.

[PragmaticStatistic]

@Luigi84289  Our government is screwed up and needs fixing, but war & violence is not the answer. Fascism is a sense of overwhelming crisis beyond the reach of any traditional solutions. The primacy of the group, to wrongly subordinate all kinds of civil rights & free speech to the patriotic identity. Dread of the group's decline under the corrosive effect of class conflict, wrongly justified any action without legal or moral limits against their perceived enemies. And, its wrong.

[Luigi84289]

@PragmaticStatistic There is going to be war first and we MUST win.

[Luigi84289]

@iranwarcom That's because the effects haven't hit us yet and when they do it'll be too late to do anything. Thank God I live in a state that can take care of itself.

[Luigi84289]

If you want to work at a burger king or mcdonalds those jobs are available but if you actually want to support yourself you're out of luck right now. 7.00 an hour is barely enough to allow you to live in the ghetto after taxes let alone support a family.

[iranwarcom]

Gerald and the Russian Prof. should go out drinking. LOL NO 2010 CRASH. Only crash was me hitting the sack on Dec 31 2010.

[xaviermix32]

Bad camera work used to show Celente in a bad light! Come on cameraman, producer not so much headroom!!