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Uploaded on Nov 14, 2011
Gerald Celente founder and director at Trends Research Institute and publisher of the Trends Journal tells us how he has become a casualty of MF Global's bankruptcy to the tune of six figures! And while MF Global went belly up due to bad bets on European sovereign debt, Celente says the eurozone is next to go. Celente responds to Nouriel Roubini's forecasts of an exit from the eurozone. This after technocrats are installed in Rome and Athens to calm markets. Yet we see Italian and Spanish bond yields on the rise. Meanwhile, Spanish, French and Belgian CDS hit new records.