Gerald Celente: US Economy = Depression

Famous investor and billionaire George Soros referred to the US economy as "blah," saying he expects a further slowdown. US President Barack Obama has insisted however that the US economy is heading in the right direction. Gerald Celente, the director of the Trends Research Institute said the economy is not just blah, it's in a depression. It's the summer of the greatest recession," he said.

Category:

News & Politics

Tags:

• Priya Sridhar
• Gerald Celente
• Trends Research Institute
• Economics
• Economy
• Recession
• Depression
• Poverty
• US Economy
• George Soros
• Finance
• Markets
• Jobs
• Poor
• summer
• recessions
• market
• government
• money
• Obama
• RT America
• RTAmerica
• commentary
• politics
• analysis
• economic

[edgemanAu]

china robbed America of its jobs ? no your CEO's shipped them over to use the slave labour wages and got a tax break for it.

[k0rea12]

THE WORLD RESERVE CURRENCY SHOULD BE GOLD. THUMBS UP IF UR WITH ME

[CamMacrap]

you must sell ur gold for paper (Currency) to buy oil. AHAHAHA

FUCK YOU CENTRAL BANKS OF THE WORLD!!!

The Banksters That Are Robbing Us Of Everything Will ride There Paper Tigers Into The Future Until We Wake Up An Kick Them Off.

[Alan7997]

3:05 They sold the American (and European) people the great lie: The service sector economy.

[baddave62]

@Pipipanda1 When exactly did the US make the cheapest product? In the days of Alexander Hamilton a protective tariff was inaugurated to protect US manufactures from cheaper UK imports. Protective tariffs existed from the eighteenth into the twentieth century. Other countries such as Japan and Germany have far more regulations and all other G-7 countries have higher taxes than the US. 

[Pipipanda1]

@edgemanAu It sad that US used to be able to make the cheapest product and the highest quality, turns into a such a mess. It's because of many stupid regulations and taxes that we have, and we have to get the manufacturing back for us to stand up again

[mucker3000]

*Edit*

Gerald Celente = Depression

[PurrGrrl]

We need to be the change we seek in the world.We can't expect Obama/wealthy bankers/CEOs to change anything. All they care about is profit&self-interest. Question is: when are we going to start caring about &supporting each other? We could all come together &stop buying from big corps, stop investing w/big banks& we could shut down this greedy 1% in an instant. Answer: Americans are disconnected from each other & still brainwashed into believing in the "American Dream." It's a lie,people!

[1alvar]

the u s is not in trouble, you are the trouble by creating and terrorizing people with your falsehoods and sickening comments , que comentarios tan estupidos, deberian de atarlos a una carreta como si fueran bueyes de arado,

[PrimeConsciousness]

DEATH TO ALL TRANSNATIONAL CAPITALISTS!

[MrPeppers2]

to: lost our Job? have u lost your mind or are you just sick. I can tell you what a jew is one who has been circumcision of the heart. You speak like a foolish man. Read Romans 2:29 in the King James Version Bible it says -----But he is a Jew, which is one inwardlly;and circumcision is that of the heart, in the spirit and not in the letter,whose praise is not of men, but of God